Dubai Financial Growth and Leadership Change - New CEO Announcement for Central Accounts Sector

Dubai Appoints New CEO to Boost Financial Efficiency & Transparency

On November 10, 2024, His Highness Sheikh Hamdan bin Mohammed announced a new appointment. Ahmad Ali Ahmad Meftah Al Marzouqi is now the CEO of the Central Accounts Sector at Dubai’s Department of Finance. This move is official under Executive Council Resolution No. 89 of 2024. It has been effective since October 1, 2024, as published in the Official Gazette.

The Central Accounts Sector is a key part of Dubai’s financial system. It manages areas like budgeting, accounting, and financial reporting. With Al Marzouqi taking on this role, there is an expectation of greater efficiency and transparency. His appointment aligns closely with Dubai’s strategic plans for growth and governance.

Dubai Financial Growth and Leadership Change - New CEO Announcement for Central Accounts Sector
Dubai Financial Growth and Leadership Change – New CEO Announcement for Central Accounts Sector

Al Marzouqi comes with significant experience. He has a background in both financial management and public administration. Before this, he held important positions in Dubai’s financial institutions. His skills and background are seen as perfect for driving innovation in the financial sector. With him at the helm, Dubai expects stronger fiscal policies and improved services.

The leadership change is an effort to further enhance Dubai’s financial stability. It is also a sign of commitment to good governance. Under Al Marzouqi’s leadership, stakeholders and residents alike can look forward to better financial services. His experience should help Dubai continue on its path of economic growth.

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References:

  • Government of Dubai Media Office. Hamdan bin Mohammed Names New CEO of Central Accounts Sector at Dubai Finance Department. Government of Dubai, November 10, 2024.
  • Dubai Department of Finance. Executive Council Resolution No. (89) of 2024. Official Gazette, October 2024.
  • Dubai Media Office. Sheikh Hamdan Announces New Appointment for Financial Sector. Government of Dubai, 2024.