Khaled Mohamed Balama | |
---|---|
خالد محمد بالعمى التميمي | |
Governor of the Central Bank of the United Arab Emirates | |
Assumed office 5 April 2021 | |
President | Khalifa bin Zayed Al Nahyan Mohammed bin Zayed Al Nahyan |
Preceded by | Abdulhamid M. Saeed |
Personal details | |
Born | United Arab Emirates |
Alma mater | Indiana University School of Business (BS) |
Khaled Mohammed Salem Balama Al Tameemi [1] is the current governor of the Central Bank of the United Arab Emirates (CBUAE). He has over 30 years of experience in the fields of banking,financial services,asset management,and investments. [2]
Balama was born in the United Arab Emirates and studied finance at Indiana University School of Business (now Kelley School of Business),where he received a Bachelor of Science degree in 1990. [1] He has been a Chartered Financial Analyst (CFA) since 1995. He has held various senior positions at the Abu Dhabi Investment Authority,including executive director of the Real Assets Department. [2]
Balama was appointed governor of CBUAE on 5 April 2021. [3] As governor,he is responsible for overseeing the functions of ensuring the UAE's monetary and financial stability. He has overseen several initiatives,including the Targeted Economic Support Scheme (TESS). [4] [5] In September 2021,CBUAE issued new guidance to help financial institutions combat money laundering and terrorism financing. [6] [7] In December 2021,the bank developed an enhanced framework to supervise the exposure of the banks to the real estate sector. [8] [9]
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