Khaled Mohamed Balama
خالد محمد بالعمى التميمي
Governor of the Central Bank of the United Arab Emirates
Assumed office
5 April 2021
PresidentKhalifa bin Zayed Al Nahyan
Mohammed bin Zayed Al Nahyan
Preceded byAbdulhamid M. Saeed
Personal details
BornUnited Arab Emirates
Alma materIndiana University (BS)

Khaled Mohammed Salem Balama Al Tameemi[1] is the current governor of the Central Bank of the United Arab Emirates (CBUAE). He has over 30 years of experience in the fields of banking, financial services, asset management, and investments.[2]

Balama was born in the UAE and studied finance at Indiana University, where he received a Bachelor of Science degree in 1990.[1] He has been a Chartered Financial Analyst (CFA) since 1995. He has held various senior positions at the Abu Dhabi Investment Authority, including executive director of the Real Assets Department.[2]

Balama was appointed governor of CBUAE on 5 April 2021.[3] As governor, he is responsible for overseeing the functions of ensuring the UAE's monetary and financial stability. He has overseen several initiatives, including the Targeted Economic Support Scheme (TESS).[4][5] In September 2021, CBUAE issued new guidance to help financial institutions combat money laundering and terrorism financing.[6][7] In December 2021, the bank developed an enhanced framework to supervise the exposure of the banks to the real estate sector.[8][9]

References

  1. 1 2 "Executive bios of prominent people and decision makers in Arabia". Dhow Net. Retrieved 2022-12-13.
  2. 1 2 "H.E. Khaled Mohamed Balama" (PDF). Emirates Institute for Banking and Financial Studies. Retrieved 13 December 2022.
  3. ↑ Derhally, Massoud A. (2021-04-07). "Sheikh Khalifa appoints Khaled Al Tameemi as governor of Central Bank of the UAE". The National. Retrieved 2022-12-21.
  4. ↑ Wam. "CBUAE confirms withdrawal of support measures will be gradual". Khaleej Times. Retrieved 2022-12-21.
  5. ↑ "Chambers of commerce play key role in Dubai economic progress". www.gulftoday.ae. Retrieved 2022-12-21.
  6. ↑ Salian, Neesha (2022-08-03). "CBUAE issues anti-money laundering guidelines for politically exposed persons". Retrieved 2022-12-21.
  7. ↑ "UAE and Saudi central banks to take joint enforcement measures on the insurance sector". InternationalInvestment. 2022-09-20. Retrieved 2022-12-21.
  8. ↑ "Khaled Mohammed Balama | Gulf Business". 2022-04-13. Retrieved 2022-12-13.
  9. ↑ Reporter, A. Staff. "UAE Central Bank to increase oversight on banks' real estate exposures". Khaleej Times. Retrieved 2022-12-21.
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