Oil prices, economic growth and capital market development were some of the key issues on the agenda of the
11th Annual Institute of International Finance (IIF) CEO Meeting held on 23-24 February in Dubai. The conference brought together banking chief executives from the Middle East and North Africa for discussions on a range of topics, including the possible impact of a slowdown in U.S. economic growth on the global economy, and the challenges of satisfying future global demand for oil.
Benoit Duthu, a consultant at Egon Zehnder International responsible for managing its Middle Eastern practice and based in Dubai, addressed the conference on key challenges linked to the shortage of senior executives in the financial services sector in the Middle East and North Africa. According to Mr. Duthu, these challenges include higher executive turnover, weaker competencies, inflation in compensation and reliance on import.