29 June 2015
Dubai - The Ministry of Finance (MoF), represented by the Strategic Planning and Performance Department, visited the General Pensions and Social Security Authority (GPSSA) in its premises in Dubai to review the Ministry's expertise in areas of strategic planning, performance management and risk and change management. The meeting reflects the Ministry's commitment to strengthen its cooperative relations with various partners and federal government entities within the UAE.

MoF delegation included Faisal Al Mansouri, Director of Strategic Planning and Performance Department at MoF and a number of MoF's team from withinthe Department, while GPSSA delegation included Ahmed Belkaizi, Director of the Strategic and Excellence Office and a number of employees and specialists at the GPSSA.

During the meeting, participants reviewed the Ministry's latest methodologies and systems related to the preparation and follow up of the strategic and operational plans. The meeting also covered the most prominent elements listed in the Ministry's risk management guide and discussed the Ministry's electronic systems related to the strategic work; and which include 'Injaz' for planning and monitoring purposes, 'Mahami', and the monthly achievement system 'Injazatina', in addition to the work team system and committees.

The meeting was concluded with an overview of the risk management system ISO 31000, its objectives, benefits and its methodology in terms of facing internal and external work challenges. This system helps in achieving the Ministry's strategic objectives, increasing security measures and avoiding any negative effects when risks occur. MoF also covered the system's general framework and processes for risk management, ways to identify and analyse all risk probabilities, as well as risk assessment and treatment according to the ISO 31000.

-Ends-

For more information:
Osama Dagamseh / Mira Assaf 
Weber Shandwick
Phone: +971 55 744 3346 / +971 50 3123518
Fax: + 971 2 449 4833    
Email: odagamseh@webershandwick.com; massaf@webershandwick.com;

© Press Release 2015