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Mohammed bin Rashid restructures Etihad Credit Insurance board

June 20, 2026 / 2:37 PM
Mohammed bin Rashid to crown Hope Makers on 23 February
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Sharjah24-WAM: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved a decision to restructure the Board of Directors of Etihad Credit Insurance (ECI), which is chaired by Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade.

The new board comprises Ahmed Al Naqbi, Chief Executive Officer of Emirates Development Bank (EDB); Khalil Fadel Al Mansoori, Acting Director-General of the Abu Dhabi Exports Office (ADEX); Mohamed Ali Al Kamali, Chief Executive of Trade and Industry at the Abu Dhabi Investment Office; Mohammed Sharaf, Executive Director of Operations and Investment Attraction at the Department of Economy and Tourism, Dubai; Sheikh Sultan bin Mohammed Al Nuaimi, Director-General of the Department of Port and Customs, Ajman; Sheikh Omar bin Saqr Al Qasimi, Chief Executive Officer of the Investment and Development Office, Ras Al Khaimah; Mariam Abdulla Al Matroushi, Deputy Director-General of the Finance Department, Fujairah; Mohamed Al Marzooqi, Chief Executive Officer of HSBC Bank, UAE; Omer Elamin, Chief Executive Officer of Orient Insurance Company (PJSC); Rola Abu Manneh, Chief Executive Officer of Standard Chartered Bank, UAE, Middle East and Pakistan; and Bart Pattyn, Independent Non-Executive Director at Argenta Bank & Insurance and Chair of the Audit & Risk Committee of Argenta Assuranties.

Al Zeyoudi said the restructuring of the board marks an important step in advancing the company's policies and operations and in achieving its institutional objectives of facilitating the flow of UAE exports to global markets.

He said the board, with its broad leadership experience and specialised expertise across multiple sectors, will work to realise the company's vision and mission to empower national exports and support non-oil foreign trade, thereby contributing to sustainable economic growth and the UAE's development agenda.

Al Zeyoudi added that, supported by the UAE leadership's forward-looking vision and guidance, the country continues to strengthen its position as a leading regional and global hub for trade, exports and re-exports.

"In line with our national responsibilities and strategic vision, Etihad Credit Insurance will continue to support the sustainable growth of non-oil foreign trade, exports and re-exports, which are key drivers of economic development," he said.

He added that the company will further strengthen its strategic partnerships and enhance its export credit insurance and trade finance solutions to align with the UAE's national economic and trade objectives.

Raja Al Mazrouei, CEO of ECI, said the board's restructuring marks an important milestone in the company's journey.

She said the new board brings together distinguished leaders with extensive experience across the government, financial, investment, banking and credit sectors, under the chairmanship of Dr Al Zeyoudi.

Al Mazrouei added that the company will continue to strengthen its role as a key driver of foreign trade and non-oil exports, in line with the UAE's goals to advance sustainable economic growth and enhance economic diversification.

June 20, 2026 / 2:37 PM

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