UAE President Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree appointing Dr. Maryam Buti Al Suwaidi, as the CEO of the Securities and Commodities Authority (SCA) at the grade of undersecretary.
Dr. Al Suwaidi was previously the authority’s acting CEO.
She is the first woman to be appointed to this role, and marks another senior female appointment in the region.
Hana Al Rostamani was appointed group CEO of UAE’s First Abu Dhabi Bank earlier this year.
Read: Abu Dhabi lender FAB names Hana Al Rostamani as first female CEO
Meanwhile, in neighbouring Saudi Arabia, Sarah Al-Suhaimi is the chairperson of the Saudi Tadawul Group.
Read: Saudi Stock Exchange appoints first female chairperson
Dr. Al Suwaidi is a holder of a doctorate in law from University of Leeds, UK, official news agency WAM reported.