Helal Saeed Al Marri has been named as the new chairman of the Dubai Financial Market by the Committee for the Development of Capital Markets and Exchanges in Dubai.
Al Marri has been Director-General of the Dubai Department of Tourism and Commerce Marketing (DTCM) since 2013.
Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai and Head of the Securities and Exchange Higher Committee, took to Twitter to announce the appointment of the new board of directors for the DFM.
The board members include:
Abdulqader Obaid Ali, Chairman of the Board – UAE Internal Audit Association.
Wesam Lootah, CEO of the Smart Dubai Government Establishment.
Abdulwahid Alulama, Partner – White & Case LLP.
Moaza Al Marri, Communications and Marketing Expert.
Mohammed Humaid Al Mari, Financial and Administrative Expert and Member of the UAE Accountants and Auditors Association.
Al Maktoum thanked Essa Kazim for his efforts to manage the Dubai Financial Market since its inception 20 years ago.
“Essa Kazim contributed to the establishment and management of the Dubai Financial Market for many years, and his efforts will always be appreciated,” he said.
Al Maktoum asked the new board to develop plans and strategies to spur growth and double the size of Dubai’s financial markets to AED3 trillion in the coming period.
Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum had recently assigned Sheikh Maktoum bin Mohammed to supervise the financial markets and stock exchanges in Dubai and oversee the comprehensive development of the financial markets to meet the requirements of the current phase of development, a statement by the DFM said.
