Sultan bin Nasser al-Suwaidi explained

Office:Former Governor of the Central Bank of the United Arab Emirates
Term Start:18 December 1991[1]
Term End:September 2014
President:Zayed bin Sultan Al Nahyan
Khalifa bin Zayed Al Nahyan
Predecessor:Abdelmalik al-Hamar
Successor:Mubarak Rashid al-Mansoori
Birth Date:1953
Birth Place:Abu Dhabi

Sultan bin Nasser al-Suwaidi (born in 1953) is an Emirati banker and former long-term governor of the Central Bank of the United Arab Emirates.

Al-Suwaidi was born in 1953 in Abu Dhabi.[2] He has a degree in business administration and finance.[3] Al-Suwaidi started his career in 1978 in the finance and administration department of Abu Dhabi Investment Authority. In 1982, he joined Abu Dhabi Investment Company as general manager.

In 1984, he became general manager of Bahrain-based Gulf International Bank. In 1985, he was tasked with leading the three-bank merger to create Abu Dhabi Commercial Bank.

Al-Suwaidi was appointed governor of the Central Bank of the UAE in 1991. He introduced modernisation initiatives for banking processes and regulations. He was replaced as governor in September 2014.[4]

Notes and References

  1. Web site: FinancialCentresInternational.com - FCI 500 - Nasser Al Suwaidi . www.financialcentresinternational.com.
  2. Web site: Sultan Nasser Al Suwaidi . ArabianBusiness.
  3. Web site: Sultan bin Nasser al-Suwaidi . MEED . en . 7 April 2011.
  4. Web site: Kassem . Mahmoud . UAE Central Bank says goodbye to long-serving governor . The National . en . 22 September 2014.