New managing director ready to drive DIFC into the future

Dubai: The Dubai International Financial Centre (DIFC) Authority on Friday appointed Abdullah Mohammad Al Awar as managing director of the DIFC Authority.

As managing director of the DIFC Authority, Al Awar will oversee business development activities of the DIFC. His main responsibilities will include attracting licensees to operate in the DIFC across the financial services sectors as well as supporting firms and activities.

Welcoming the appointment, Omar Bin Sulaiman, governor of DIFC said, "As the organisation enters a new phase of expansion and growth, leadership will play a key role in our ability to realise our full potential. Abdullah will bring new energy and ideas to the DIFC's efforts to enhance its position as a global financial hub. He has a strong commitment and passion for DIFC's mission and possesses the right mix of skills and experience to add value to this role."

Nasser Al Sha'ali, CEO, DIFC Authority said: "As one of the world's leading international financial centres, the DIFC has experienced unprecedented growth and development in a very short space of time. Abdullah will play a key role in driving the DIFC into the future and ... we are certain that his contribution will be of great benefit to the centre."

Abdullah joined the DIFC as business development manager in 2004 and in 2005 was installed as executive director of the Ancillary Service Providers and Non Regulated Organisations Department.