CFA Society Emirates, the local UAE member society of CFA Institute, has appointed Amer Khansaheb as the new president.

Over the past decade the Society has become the UAE’s leading association for financial and investment professionals and the largest professional society in the Mena for portfolio managers, investment advisors and educators.

 “I am honoured to take over responsibility for a role that will play an important part in helping to drive the very best international standards here in the UAE,” said Khansaheb.

“We will be fully supporting Dubai’s continued growth as a hub for Islamic finance in the World. We will also be supporting global initiatives, leveraging CFA Institute’s global network of over 138 societies around the world, including the Future of Finance Starts With You project, an international effort to shape a trustworthy, forward-thinking financial industry which was recently launched by CFA Institute.“I would like to take this opportunity to thank the previous board and especially Mr. Yacoub Nuseibeh, our previous CFA Society President, for all his hard work. He will remain an important part of the work we will continue to do,” he added.

Outgoing president Yacoub Nuseibeh said: "Over the past five years the Society has continued to drive the professional standards in the UAE.  We have also achieved a number of important milestones, increasing the number of qualified charterholders by 115 per cent to 600.

“We have signed a Memorandum of Understanding with the Emirates Securities & Commodities Authority and have strengthened the Society’s relationships with the Central Bank of UAE, The Central Bank of Oman, Abu Dhabi’s Department of finance and the DIFC as well as other prominent organisations“We worked closely with CFA Institute to launch their new Claritas®Investment Certificate, , hosted two regional investment conferences and also launched the Global Investment Research Challenge for Universities. I wish Amer well in his new role as CFA Society Emirates continues to grow from strength to strength.”

Nitin Mehta, CFA, managing director for Europe, Middle East and Africa, at CFA Institute said: “The Middle East is a strategically important region for CFA Institute as it hosts a number of growing international finance centres. As our largest society in the region, CFA Society Emirates has a key role to play in our regional plan.”

“Despite the global financial crisis we have seen the number of charterholders in the region grow by 14 per cent over the past five years , indicating a strong demand amongst professionals to improve their education and to contribute to better ethical practices within their organisations,” he concluded. – TradeArabia News Service

Khansaheb  is the managing director of Khansaheb Investments, an investment company with investments in construction, real estate and infrastructure. He has been a CFA charterholder since 2010. – TradeArabia News Service