Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Maktoum bin Mohammed appoints new members to Dubai Financial Services Authority’s Board of Directors – Business – Economy and Finance

Reading Time: 2 minutes

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre, has made significant strides in reinforcing Dubai’s position as a global financial and business hub. The recent appointments to the Board of Directors of the Dubai Financial Services Authority (DFSA) are a testament to this commitment.

The decision to appoint four new members to the DFSA Board, namely Robert Ophèle, Andrew Procter, Javan Herberg KC, and Sock Koong Chua, reflects Sheikh Maktoum’s vision of aligning with the goals set by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. These appointments bring a wealth of expertise to the DFSA Board, further enhancing the Authority’s efforts to strengthen the financial sector in Dubai.

Sheikh Maktoum emphasized the importance of these appointments in consolidating Dubai’s position as a leading financial and business center on the global stage. He highlighted the ambitious targets set by the Dubai Economic Agenda (D33) to transform Dubai into one of the world’s top three urban economies by 2033. These appointments also underscore the DFSA’s commitment to attracting top global talent to support Dubai’s economic growth and development.

The DFSA’s Board of Directors, chaired by Fadel Al Ali, comprises a diverse group of individuals with extensive experience in the financial sector. The existing members, including Julie Dickson, Sabine Lautenschläger, Abdullah Sharafi, and Rupert Keeley, alongside DFSA Chief Executive Ian Johnston, bring a wealth of knowledge and expertise to the table.

Robert Ophèle, with over 40 years of experience in the financial sector, has held key positions in various French and European boards, contributing significantly to regulatory frameworks and standards. Andrew Procter, with more than 30 years of experience in legal and regulatory affairs, has played a pivotal role in shaping regulatory policies at both global and European levels. Javan Herberg KC, recognized for his expertise in financial services regulation, has made significant contributions in the field of public and constitutional law. Sock Koong Chua, a leading businesswoman in Asia, brings a wealth of experience from her tenure as Group CEO of Singapore Telecommunications Limited.

These appointments to the DFSA Board underscore Dubai’s commitment to fostering a competitive work environment governed by the best regulatory frameworks. By attracting top global talent and promoting innovation and diversity in the financial sector, Dubai continues to strengthen its position as a global financial and business hub. Sheikh Maktoum’s vision, aligned with Sheikh Mohammed’s goals, sets the stage for Dubai’s continued growth and success in the international arena.

Taylor Swifts New Album Release Health issues from using ACs Boston Marathon 2024 15 Practical Ways To Save Money