Reserve Manager of the Year: Central Bank of the UAE

By Central Banking Publications

March 2022.

Executive Summary: 

  • Central Bank of the UAE approved its new investment policy, allowing it to diversify into new asset classes.

  • It also adopted a new strategic asset allocation and external fund manager policy. This facilitated the appointment of external fund managers to manage parts of the foreign exchange reserves in competition with the internal reserve management team.

  • Kristian Flyvholm was the Head of Reserve Management (2018-2023).

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