Dubai, UAE – Yesterday evening, CFA Society Emirates, the local UAE member society of CFA Institute, hosted its Annual Charter Award Ceremony at V Hotel Dubai in Al Habtoor City.
At the event, Mr. Romain Rousseau, CFA, Vice President of CFA Society Emirates, welcomed 209 new charterholders to the society. With 830 members, the UAE is the largest member society in the GCC; comprising over half of the total number of CFA charterholders in the region.
Romain Rousseau, CFA, Vice President of CFA Society Emirates, said: “As we welcome 209 new charterholders, we are proud of our continued growth as a centre for financial and investment excellence in the UAE. The country is taking bold and ambitious steps to develop its investment industry and ensure that it competes at a global level. CFA Society Emirates exists to contribute towards advancing the country’s financial industry by promoting the highest standards of investment management practices through professional development and continued advocacy on key issues around capital market integrity. For investment professionals to contribute towards the ultimate benefit of society, they need to build trust and confidence amongst investors and give them the opportunity to earn a fair return.”
William Tohme, CFA, Regional Head of MENA for CFA Institute, commented: “With His Highness Sheikh Mohammed bin Rashid Al Maktoum recently announcing the 50-Year Charter development plan for Dubai, the Emirate’s strengthened position as an international investment hub and regional business capital will continue to attract regional and international institutions. In this context, we are committed to upholding the highest standards of ethics and integrity within the investment management industry. Our aim is to create an efficient market environment where growth is achieved through knowledgeable professionals generating sustainable value and putting the interests of investors first.”
To earn the CFA designation, candidates must pass all three levels of the exam; meet the work experience requirements of four years in the investment industry; sign a commitment to abide by the CFA Institute Code of Ethics and Standards of Professional Conduct; and become a member of CFA Institute.
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Media contacts
For and on behalf of CFA Institute in the GCC and Middle East
Neel Bose @ FTI Consulting
T: +971 (0)4 4372110
About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organisation is a champion for ethical behaviour in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has over 138, 000 members in 148 countries and territories, including 131, 000 CFA charterholders, and 145 member societies. For more information, visit www.cfainstitute.org.
About 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.
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