UAE – CFA Society Emirates, the local UAE member society of CFA Institute, announced today the appointment of Mr Richard Lee, CFA, as its new president with immediate effect following the conclusion of the 2019 Society Elections.
The new board, comprises professionals from the local finance and investment management industry, reflects both CFA Institute and CFA Society Emirates’ mission of promoting ethical behaviour in investment markets to support the growth and development of the country’s financial community. Current board members of CFA Society Emirates are:
- Richard Lee, CFA, President
- Romain Rousseau, CFA, Vice President
- Yasir Syed, CFA, Treasurer
- Mohamed Alhameli, CFA, Board member
- Soha Ragab, CFA, Board member
- Viktorija Aksionova, CFA, Board member
- Manish Agrawal, CFA, Board member
- Tarun Khandelwal, CFA, Board member
- Binod Shankar, CFA, Board member
Commenting on CFA Society Emirates’ preeminent position within the UAE’s investment and financial communities, Mr Richard Lee, CFA, President of CFA Society Emirates said:
“It is a pleasure to assume this role at CFA Society Emirates. Together with my fellow board members, it is an honourable responsibility to further advance our mission to help build a stronger investment profession in the UAE.“
He added: “I would like to take this opportunity to thank the previous board for their invaluable contributions in fostering ethical standards within our local financial community and I look forward to continuing the important work carried out by my predecessor, Mr. Amer Khansaheb, and his esteemed team.”
“The UAE is an important market for CFA Institute within the MENA region. Last year, we established our new presence in Abu Dhabi working in close partnership with Abu Dhabi Global Market (ADGM) aiming to support local societies in building market integrity, enhancing market transparency and embedding professionalism and excellence in the regional investment management industry.” saidWilliam Tohmé, CFA, Regional Head of Middle East and North Africa at CFA Institute.
He added: “We work with CFA Society Emirates as one to help advance standards of education and professionalism among our members who are based in the UAE. We have seen the number of charterholders in the UAE grow over the past five years, indicating a strong demand to improve their ongoing education and to contribute to better ethical practices within their organisations.”
Mr. Lee earned his CFA charter in 2000 and has served CFA Society Emirates as well as CFA Institute in various roles and initiatives over the years. He is a Senior Portfolio Manager at Emirates NBD Asset Management.
For and on behalf of CFA Institute in the GCC and Middle East
Vadia Rai @ FTI Consulting
T: +971 (0)4 4372110
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 165,000 CFA charterholders worldwide in 164 markets. CFA Institute has nine offices worldwide and there are 156 local member societies. For more information, visit www.cfainstitute.org or follow us on Twitter at @CFAInstitute and on Facebook.com/CFAInstitute.
CFA Society Emirates
The CFA Society Emirates Society is an association of local investment professionals consisting of portfolio managers, investment advisors, educators and other financial professionals. With 830 members, CFA Society Emirates is the largest member society in the GCC region comprising over half of the total number of CFA charterholders in the Gulf. The society also represents a majority of the 4,773 candidates from the region who took the CFA exams in 2009. With CFA membership in the GCC anticipated to double over the next decade, a significant share of this growth is expected to be in the UAE.
© Press Release 2019