Abu Dhabi, UAE – The Central Bank of the United Arab Emirates won the “Best Risk Management of 2026” award.
This is part of the Central Banking Awards granted by the specialized British magazine “Central Banking”.
The award recognizes central banks that have achieved exceptional excellence in adopting systematic global risk management practices.
leading role
According to a press release issued by the Central Bank, this honor comes as a culmination of the bank’s efforts and in appreciation of its pioneering role in improving operational risk management.
In addition to the qualitative shift from traditional evaluation models to a proactive system supported by artificial intelligence technologies.
The bank has succeeded in establishing an integrated risk management vision that ensures comprehensive coverage of all stages of the value chain, through the strategic integration of artificial intelligence technologies and an integrated framework for governance, risk, and compliance.
The most prominent turning point is the development of an internal “risk agent” based on artificial intelligence.
This contributed to reducing the time taken to identify risks and reducing reliance on manual procedures.
This enabled proactive monitoring of complex risks in pivotal operational phases.
Flexibility across design
The innovations were officially included in the central bank’s five-year strategy, based on the principle of “flexibility by design”, to establish risk management maturity as a basic pillar of the business and innovation system.
On this occasion, the award jury praised the unified and comprehensive approach followed by the Central Bank in risk management.
She also described it as an inspiring model for its central banking counterparts around the world.
The committee explained that while many institutions are content with introducing gradual improvements, the UAE Central Bank has implemented a more transformative and comprehensive approach, which consists of establishing an integrated and unified vision of risks at the level of the entire institution.
Which helped achieve tangible results by reducing duplication of operations, and the awards are scheduled to be officially presented during the Central Banking meetings in London, June 2026.
This global assessment reflects the UAE Central Bank’s commitment to integrating modern technologies with sound methodologies.
To ensure a proactive response to evolving and complex threats, and to improve the accuracy of decision-making.
This enhances the central bank’s global leadership position in supporting monetary and financial stability.
