The President of the United Arab Emirates issues a federal decree restructuring the Board of Directors of a bank.

UAE President Sheikh Khalifa bin Zayed Al-Nahyane issued a federal decree to reshuffle the board of directors of the United Arab Emirates Central Bank.

The new composition of the Bank, headed by Sheikh Mansour bin Zayed Al-Nahyane, Deputy Prime Minister and Minister for Presidential Affairs, is as follows: Abd al-Rahman Saleh is the Vice President, Jassim Mohamed Bouatabe is the Vice President and Khaled Mohamed Salem Al-Omai is the Governor of the Central Bank.

The Governing Council shall consist of the following members: Younis Haji al-Khoury, Sami Dhaen Al-Qamzi and Dr. Ali Muhammad Bakhit Al-Madawi Al-Rumaithi.

The Central Bank of the United Arab Emirates was established under Federal Law No. 10 of 1980 as a public institution that promotes monetary and financial stability, the efficiency of the state banking system, and the protection of consumers through effective oversight and oversight that contributes to supporting the sustainable economic system