The Dubai Centre for Family Businesses, operating under the umbrella of Dubai Chambers, has announced the launch of the first comprehensive directory of family business advisors in Dubai. This initiative aims to empower family-owned businesses to effectively and efficiently access specialised consultancy services across a broad spectrum of administrative and operational areas.
The directory serves as an essential tool for connecting family businesses with 56 trusted advisors, Dubai Media Office reported.
This curated list features a diverse group of seasoned family business advisors, organised into two categories: those with extensive practical expertise in advising family enterprises, and certified consultants who have successfully completed the Certified Family Business Advisor (CFBA) and Certified Family Wealth Advisor (CFWA) programs, delivered by the center in partnership with the Family Firm Institute (FFI).
Family businesses seeking expert consultancy support can utilise the directory to identify the most suitable advisors across numerous management disciplines and sectors. These include the development of governance frameworks (both family and corporate), restructuring, succession planning, mergers and acquisitions, mediation, and commercial dispute resolution.
Each advisor included in the directory has a dedicated profile detailing their professional background, relevant certifications related to family business advisory, and areas of specialization, along with direct contact information.
Read more: Dubai Centre for Family Businesses introduces new guide on governance, strategic services
Enhancing competitiveness and sustainability
The Dubai Centre for Family Businesses launched its Family Business Advisor Certification Program in 2023 in collaboration with the Family Firm Institute (FFI), the world’s foremost organization for research, education, and thought leadership on family enterprises. This program further offers professional certifications for qualified advisors whose expertise can enhance the competitiveness and sustainability of family businesses.
Developed in partnership with FFI, the certification framework aims to establish a trusted pool of accredited advisors that family businesses can confidently engage with. Through this collaboration, family businesses also gain access to a wide array of resources and publications, as well as the opportunity to enrol in FFI’s Global Education Network (GEN) certification programs, which include the CFBA and CFWA programs. Participants benefit from extensive skills development opportunities to better serve their family business clients.
Moreover, launched under the umbrella of Dubai Chambers in May 2023, the Dubai Centre for Family Businesses is tasked with ensuring the growth and long-term sustainability of family businesses in Dubai. The center is committed to further developing this vital sector and enhancing its economic contribution to support Dubai’s future development plans. The center collaborates closely with partners from both the public and private sectors and provides support to all family businesses operating in Dubai.