Sheikh Khalifa bin Zayed, President of the United Arab Emirates, issued a federal decree appointing Dr. Maryam Butti Al Suwaidi as CEO of the Securities and Commodities Authority. She previously held the position of Acting CEO.
This comes after the Markets Regulatory Authority announced earlier this year that the UAE will require the inclusion of at least one female component on the boards of all listed companies, across its three stock exchanges, to promote gender diversity.
Al-Suwaidi has held the position of Acting CEO of the Securities and Commodities Authority since last April, and before that the position of Executive Vice President of the sectors of financial markets operations, legal affairs, issuance and research, licensing, supervision and enforcement.
His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE issues a federal decree appointing Dr. Maryam Butti Mohammed Al Suwaidi as CEO of the Securities and Commodities Authority#UAE_government pic.twitter.com/YHZZTARpmu
— UAEGOV (@UAEmediaoffice) October 10, 2021
She previously worked as a lecturer at the Institute of Training and Judicial Studies, and a member of the National Committee to Combat Money Laundering. She also managed the Mutual Evaluation Project for the UAE with the International Financial Action Group.
Dr. Maryam Butti Al-Suwaidi holds a Doctorate in Law in Financial Markets from the University of Leeds, UK, a Master’s Degree in Commercial Law from the University of Wales, UK, and a Bachelor’s Degree in Sharia and Law from the United Arab Emirates University. Some companies have made progress, with First Abu Dhabi Bank, the largest bank in the UAE, appointing Hana Al Rostamani as Group CEO this year.