Post by : Badri Ariffin

Abu Dhabi, UAE – Waleed Saeed Al Awadhi, who serves as the Chief Executive Officer of the UAE Capital Market Authority (CMA), has been unanimously reappointed to lead the Africa and Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO) for the upcoming term of 2026–2028.

AMERC is a coalition of 41 regulatory bodies from Africa and the Middle East, consisting of 29 voting members and 12 non-voting associate members. This committee is instrumental in facilitating regional collaboration, aligning policies, and furthering the development of resilient financial markets.

Al Awadhi's uncontested reappointment underscores the global faith in his leadership and the UAE’s steadfast dedication to upholding transparency, market integrity, and progressive financial regulations. Under his stewardship, AMERC has emphasized enhancing supervisory frameworks, fostering cross-border collaboration, and propelling capital market advancements.

In his role as Chair, Al Awadhi will represent AMERC on the IOSCO Board, ensuring that the insights of Africa and the Middle East influence global regulatory frameworks. His leadership fortifies the UAE's status as a reliable center for both regional and international financial governance.

Mohamed Al Shorafa, Chairman of the CMA Board of Directors, commented: “The reappointment of Al Awadhi is a testament to the confidence in the UAE’s regulatory system. In light of regional challenges, we remain committed to ensuring stable and efficient capital markets, bolstering trust across Africa and the Middle East.”

Looking forward, AMERC will aim to enhance capital market infrastructures, address emerging risks, foster innovation in digital finance, and promote sustainable finance and investor education across its member states.

Established in 1983, IOSCO stands as the global authority for securities regulations, with more than 200 members governing over 95% of the world's financial markets.

#Global News #Business News #UAE News #Abu Dhabi News