Dubai: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre (DIFC), has issued a decision reappointing Saeb Eigner as Chairman of the Dubai Financial Services Authority’s (DFSA) Board of Directors.
He also appointed Fadel Al Ali as Deputy Chairman of the Board and Abdul Wahid Al Ulama, Andrew Spindler, Apurv Bagri, Charles Flint QC, Swee Lian Teo, Julie Dickson and Sabine Lautenschlager as Board members.
Sheikh Maktoum said that Dubai has strengthened its position as one of the world’s most prominent financial and business centres, guided by the vision of His His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The emirate’s diversified economy, flexible financial policies, openness to global markets and ability to meet the requirements of major financial institutions have been key drivers of Dubai’s growth as a global financial centre, he added.
“As we look to strengthen Dubai’s position at the forefront of the global financial industry, the expertise of the DFSA Board of Directors, which brings together leading figures with illustrious achievements in the financial sector, will support us in consolidating growth. We look forward to working closely with the Board to support the development of the regulatory framework in order to accelerate the financial sector’s growth,” he said.
“The experience and active engagement of this highly effective and experienced Board is testament to the DIFC’s growing status among international financial centres. The decision by Dubai’s leadership to bring in the best people from a variety of international geographies is typically far-sighted,” said Saeb Eigner, Chairman of the DFSA.