Mubarak holds a Bachelor degree in Finance and MBA degree.

He has been appointed the Governor of Central Bank of the UAE as of 22 September 2014. He has been the Chief Executive Officer of Emirates Investment Authority since May 2008, and a Board Member in Etisalat, Abu Dhabi Securities Exchange (ADX), Mobily in KSA, and Abu Dhabi National Co. for Building Materials (BILDCO).

He started his career at ADIA from 1991 – 2000 in the Equities Department, then he served as the Director General of Abu Dhabi Retirement Pensions & Benefits Fund since its establishment back in 2000. He had also held directorship in a number of organizations including The Central Bank of United Arab Emirates, Securities & Commodities Authority of UAE (SCA), Etisalat Misr in Egypt, The Arab International Bank (AIB) in Egypt, Arab Banking Corporation (ABC) in Bahrain, Egypt and Jordan, Banco Atlantico in Spain, Tabreed and Abu Dhabi Holding Company.