Abu Dhabi (Urdu Point / Pakistan Point News / WAM – March 11, 2026) Central Bank United Arab The UAE Central Bank won the “Best Risk Manager of the Year 2026” award during the prestigious Central Bank Awards. This award, presented by the UK-based Central Banking magazine, recognizes central banks that demonstrate exceptional excellence and adopt world-class systematic risk management practices.
This global award is a testimony to the pioneering role played by the Central Bank in developing operational risk management from Traditional valuation models for a forward-looking artificial intelligence (AI) ecosystem. By strategically integrating AI with a robust Governance, Risk and Compliance (GRC) framework, the Central Bank has developed a proactive and comprehensive 360-degree view of risk flows across the entire value chain.
A key milestone in this transformation was the deployment of an internal AI risk agent, which achieved a significant reduction in manual risk identification time and enabled early detection of “complex risks” at critical process stages.
These developments are now formally embedded in the Central Bank’s five-year strategy, guided by the principle of “resilience by design”, reinforcing risk maturity as a fundamental pillar of how the Central Bank operates and innovates.
Comment on resultsThe award jury praised the Central Bank’s unified and comprehensive vision for risks, and described the Central Bank’s approach as an “inspiring model” for its global peers. The report noted that while many institutions had made incremental improvements, the Central Bank had implemented a more radical approach: a single, integrated view of risks across the organization, which had already delivered tangible results.
The awards will be formally presented during central bank meetings in London in June 2026.
This recognition reflects the Central Bank’s commitment to integrating advanced technologies with established methodologies, ensuring early detection of emerging and complex threats and accurate decision-making, and continuing to strengthen its position among central banks. worldLeading central banks in maintaining monetary and financial stability.
Khaled Mohammed Balamah, governor The Central Bank said that this international achievement embodies the unlimited support for our wise leadership and translates the aspirations and directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Vice President of the UAE. prime ministerand President of the Presidency courtAnd Chairman of the Board of Directors blackboard The Board of Directors of the Central Bank, to establish the central center Bank “As a global standard in financial and regulatory excellence.”
He added: “We have succeeded in creating an advanced regulatory ecosystem that integrates digital innovation with robust methodologies. Integrating artificial intelligence into the core of our operational risk management has enabled us to strengthen our capabilities and move towards proactive supervision in the face of global financial transformations and emerging risks. At the Central Bank of the UAE, we not only adhere to the highest international standards, but we aim to shape the future of global regulatory practices to enhance monetary and financial stability.”