During the meeting, Mr. Essa Kazim was elected Chairman of DFM Company and Rashid Al Shamsi was elected Deputy Chairman of DFM Company.
The board also agreed on forming four new committees that will manage and run DFM Company's operations namely: Audit Committee, Compensation Committee, Market Control & Surveillance Committee and Nomination Committee.
The board also discussed general guidelines about managing DFM Company's operations going forward.
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Essa Kazim elected Chairman of DFM Company
- United Arab Emirates: Saturday, January 27 - 2007 at 14:41
- PRESS RELEASE
The Board of Directors of Dubai Financial Market Company (DFM Company) held its first meeting on Wednesday (January 25, 2007).
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About Dubai Financial MarketDubai Financial Market was established as a public institution having its own independent corporate body. DFM is operating as a secondary market for trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the Local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the Market. The Market commenced operations on 26th March 2000.
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Posted by Lara Lynn Golden, News EditorSaturday, January 27 - 2007 at 14:41 UAE local time (GMT+4)
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This article was updated on Tue Feb 20 2007.
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