Zawya - Press Releases: The UAE Human Resources Development Council in Dubai celebrates the graduation of the first batch of the Chief Financial Officer (CFO) program to prepare future Emirati financial leaders.

Dubai, The Emirates Human Resources Development Council in Dubai celebrated the graduation of the first batch of the Chief Financial Officer (CFO) program, which was held under the patronage and in the presence of His Excellency Mohammed Ibrahim Al Shaibani, Director General of the Ruler of Dubai’s Court and Managing Director of the Investment Corporation of Dubai (ICD) , and under the guidance of His Excellency Sultan bin Saeed Al Mansouri, Chairman of the Emirates Human Resources Development Council in Dubai, and in the presence of a number of senior officials in the Emirate of Dubai.

This program embodies one of the Council's key initiatives to establish a comprehensive system for developing Emirati human capital. It empowers Emirati talent with advanced leadership and financial skills, enabling them to assume influential executive roles across various governmental, semi-governmental, and private sectors. The program also contributes to building a specialized professional community of Emirati financiers and fostering knowledge and experience exchange among Emirati professionals, thereby supporting the development of the financial and economic sectors in the Emirate and solidifying Dubai's position as a global center of financial excellence and innovation .

His Excellency Sultan bin Saeed Al Mansouri, Chairman of the Dubai Human Resources Development Council, explained that the graduation of 30 highly qualified Emirati professionals in the program's first cohort embodies the Council's commitment to developing specialized Emirati leaders and enhancing their readiness to lead financial transformation and decision-making across various sectors. This aligns with the wise leadership's vision of investing in human capital as the primary driver of sustainable development. His Excellency emphasized that building a national financial workforce possessing the knowledge, experience, and foresight to anticipate the future is a fundamental pillar for enhancing Dubai's competitiveness, supporting the objectives of Dubai's Economic Agenda (D33) , and solidifying the emirate's position as a global hub for the economy and business .

His Excellency added: “At the UAE Human Resources Development Council, we believe that building national capabilities is a strategic responsibility that requires effective partnerships between the public and private sectors and leading academic institutions. From this standpoint, we continue to develop quality initiatives that contribute to preparing Emirati financial leaders who possess the competence, flexibility, and ability to lead the transformation, enhance the efficiency of their institutions, and create a sustainable impact that supports the comprehensive development journey in Dubai.”

The ceremony included a rich panel discussion with the participation of dignitaries and graduates, showcasing the program's key outcomes and the resulting pioneering and innovative projects. These projects embodied the knowledge and skills acquired by the participants during their training journey, offering practical solutions to priority financial and developmental challenges. They reflected the graduates' ability to transform knowledge into strategic initiatives with a sustainable impact, contributing to economic growth, developing the financial sector, and supporting financial resilience in the Emirate of Dubai .

Projects included, for example, the "Financial and Sovereign Intelligence" project, aimed at enhancing the efficiency of sovereign decision-making, protecting and developing Dubai's sovereign capital, as well as consolidating governance principles and improving project evaluation efficiency. They also included the "Education Without Borders" project, which opens new horizons for knowledge transfer and expands access to knowledge.

Towards education, providing flexible and comprehensive learning pathways for learners wherever they are. The "Moving Liquidity from Rigid Stock to Full Financial Flexibility" project focused on presenting an innovative model for maximizing asset utilization and enhancing liquidity management efficiency, thus contributing to the financial sustainability of institutions and companies . The graduates also presented an initiative aimed at bringing about a qualitative transformation in the aviation sector by enhancing strategic flexibility in modernizing the Emirates fleet, thereby supporting the sector's readiness to meet future changes.

The remaining projects included initiatives to develop a strategic framework for investment decision-making, based on transforming investment policy into a smart system that employs modern technologies and human expertise, enabling decision-makers to make more efficient and effective investment decisions.

This event culminated a five-month intensive training program, during which participants underwent a comprehensive learning experience combining academic knowledge with practical application. The program included 84 hours of training, three sessions simulating financial challenges, several field visits to leading institutions, and professional mentoring sessions and leadership dialogues with 15 international experts. This applied approach enhanced the participants' readiness to assume leadership roles in the financial sector and empowered them to develop innovative solutions that support Dubai's economic development goals.

The graduation of the first batch of the Chief Financial Officer (CFO) program confirms the success of the Council’s vision in investing in national talents, by preparing financial leaders who have the ability to make an impact, support innovation, and enhance Dubai’s competitiveness, in line with the objectives of Dubai’s economic agenda (D33) .

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