CFA Institute to Open New Regional Office in Abu Dhabi to serve Middle East and North Africa region Opening of the new regional office in Abu Dhabi

Media Contacts

Nicole Haroutunian
Director, Corporate Communications EMEA
+ 44 (0) 20-7330-9551
nicole.haroutunian@cfainstitute.org




Abu Dhabi, UAE , , , 13 September 2017

CFA Institute, the global association of investment management professionals, today announces its intention to open a CFA Institute office in the Middle East in 2018. CFA Institute will work in close partnership with Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, to establish its new presence to advance the CFA Institute mission to lead the investment profession by promoting the highest standards of ethics, education and professional excellence for the ultimate benefit of society.

The office opening will be marked by a Memorandum of Understanding (MoU) signing ceremony, between CFA Institute and ADGM, in Abu Dhabi in October 2017. The collaboration between CFA Institute and ADGM underscores the mutual commitment of both organisations to contribute to a growing international centre of excellence for knowledge in the Middle East and beyond.  

The Middle East and North Africa (MENA) region is a key market for CFA Institute, with over 5200 members and charterholders and eight  societies. A total of 5773 candidates registered for the June 2017 exams across the MENA region, an increase of 8% over the prior year, with the greatest number of candidates in the United Arab Emirates (1909), Saudi Arabia (869) and Egypt (544).

Gary Baker, CFA, Managing Director for CFA Institute in Europe, the Middle East and Africa, commented: 

“By establishing a permanent presence in Abu Dhabi, the opening of this new office signifies our commitment to the Middle East and North Africa. We are excited at the prospect of partnering with our local member societies that already achieve fantastic results for CFA Program candidates, members, and charterholders across the MENA region. By supporting local societies, we can intensify our efforts to build market integrity, enhance market transparency, and embed professionalism and excellence in the regional investment management industry.”

Mr Hamad Sayah Al Mazrouei, Director of Human Resources and General Services, ADGM, commented:  

“We warmly welcome CFA Institute to the ADGM family. Since ADGM announced its Knowledge Hub in May this year, we have received positive feedback and support from the Abu Dhabi Education Council, key Abu Dhabi institutions, global business schools and corporate stakeholders. The ADGM Academy, one of the strategic pillars of the Knowledge Hub, will soon offer a comprehensive curriculum of training and courses for the financial services industry.  We hope to work closely with CFA Institute to explore new initiatives which strengthen the capabilities, proficiency and experience of financial professionals in Abu Dhabi and the wider region.”

CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior 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 148,000 members in 163 countries and territories, including 142,000 CFA charterholders, and 148 member societies. For more information, visit www.cfainstitute.org.