BRICS’ New Development Bank (NDB) has elected Thuraiya Hamid Alhashmi, Director of International Financial Relations and Organisations Department at the UAE Ministry of Finance, as a member of its Board of Directors and a Constituency Director.
Alhashmi will become the first Emirati and Arab woman to assume a Director’s position at the multilateral bank, established by the grouping by Brazil, Russia, India, China and South Africa (BRICS) in July 2015.
Her appointment followed an internal voting process during NDB’s 8th annual meeting, held recently in Shanghai, China.
In her new role, Alhashmi will be able to serve the UAE and its global contributions across financial areas.
The UAE’s national talents have supported infrastructure projects and sustainable development goals (SDGs), and Alhashmi’s expertise will enrich the UAE’s contribution to NDB, which plays a key global role in realising SDGs and stimulating international collaboration on infrastructure and sustainable development across various emerging and developing economies.
Alhashmi, a master’s degree holder in international business from Tufts University, USA, was involved in managing the UAE’s relationship with international financial organisations, including the World Bank, the International Monetary Fund (IMF), the European Bank for Reconstruction and Development (EBRD), NDB, the OPEC Fund for International Development, the Islamic Development Bank (IsDB), and the G20 Finance Track.
She has also represented the UAE in numerous international meetings and forums, and sits on the boards of multiple international institutions.
The UAE joined BRICS’ NDB in October 2021 following Cabinet Resolution No. (19)/3 of 2021.
The country is represented on NDB’s Board of Governors by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, as Governor, and Younis Haji Al Khoori, Undersecretary at the Ministry of Finance, in his capacity as Alternate Governor.
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