Etihad Credit Insurance (ECI), the UAE Federal export credit company, has announced the elevation of its Managing Director Raja Al Mazrouei - a digital transformation expert with over two decades of experience in the financial services and technology sectors - to the post of Acting CEO.
 
This comes after Massimo Falcioni stepped down from his position as CEO of the company after handling the post for more than five years, said a statement from ECI.
 
Al Mazrouei has a proven track record of successfully turning around and enabling businesses and is also a member of multiple boards in the region, it stated.
 
Lauding the appointment, Abdullah bin Touq Al Marri, Minister of Economy and Chairman of ECI Board of Directors, said: "We are in the process of moving into a transitional phase in the history of the company, which since its founding in 2018, has been playing a catalyst role in supporting the UAE's non-oil exports, trade, investments, and strategic sectors' development, in line with the country’s national economic diversification agenda."
 
"Therefore, we are pleased that Al Mazrouei will lead this stage and, we are excited for the future and the opportunities that lie ahead for our organisation under her leadership," he noted
 
According to him, this appointment comes to ensure the seamless continuation of the group's services and to operate with the same high level of professionalism and dedication to its partners and clients. 
 
"We are confident that ECI will be in capable and efficient hands during this stage, as we look forward enthusiastically to the future and the opportunities awaiting under its leadership," he added.-TradeArabia News Service