CBUAE hosts Future of Finance conference during Expo 2020 Dubai

ABU DHABI, Under the patronage of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), the Central Bank announced that it will host the “Future of Finance” conference on 13th and 14th October 2021, as part of the upcoming Expo 2020 Dubai.

Aligned with Expo’s theme ‘Connecting Minds and Creating the Future’, the conference will address trends shaping the financial sector by facilitating the exchange of knowledge on the global challenges and opportunities facing the financial industry. It will feature panel discussions focusing on the effect of digital transformation, greening the financial system, co-operation between leading central banks on payments and central bank digital currencies, and Islamic finance.

The conference will include central bank governors, public sector representatives, industry leaders, and heads of financial and technology institutions from around the world.

Participating speakers from the UAE include Abdullah bin Touq Al Marri, Minister of Economy; Ahmed Ali Al Sayegh, Minister of State and Chairman of Abu Dhabi Global Market; Khaled Mohamed Balama, Governor of CBUAE; Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation and Chairman of Mashreq Group; Sheikh Abdullah bin Bayyah, Chairman of the UAE Fatwa Council; Younis Al Khouri, Under-Secretary of the Ministry of Finance; and Aisha Al Abdooli, Acting Assistant Under-Secretary for the Green Development and Climate Change Sector.

While international speakers include Dr. Fahad Ibrahim Alshathri, Deputy Governor for Supervision at the Saudi Central Bank; Benoit Coeure, Head of Bank of International Settlement Innovation Hub; and Chung- Chun Mu, Director General of Digital Currency Research Institute at People’s Bank of China.

Commenting on the conference, Balama said, “Against the backdrop of the UAE’s fifty-year anniversary, as we look towards another five decades of growth and prosperity, the Future of Finance conference comes at an opportune juncture to discuss the trends shaping the financial landscape in the post COVID-19 period.”

“CBUAE takes great pride in participating in Expo 2020 Dubai. We look forward to hosting this conference and gathering an exceptional line-up of industry leaders to power CBUAE’s engagement with its key stakeholders and reinforce the UAE’s position among the proactive countries in innovative financial concepts and robust regulatory oversight,” he added.

Source: Emirates News Agency

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