Borse Dubai names Board of Directors and CEO

The board members bring a wealth of knowledge and experience, and will oversee the strategic objectives of Borse Dubai. At the helm as Chairman of the Board is Essa Kazim, who brings extensive finance and stock markets experience to Borse Dubai. He is currently the Chairman of DFM and prior to that was with the Dubai Department of Economic Development and the UAE Central Bank.

The Board of Directors will comprise five leading industry professionals: Dr. Omar Bin Sulaiman, the Governor of Dubai International Financial Centre (DIFC); Soud Ba'alawy, Executive Chairman of Dubai Group and Chairman of DIFX; Fadel Al Ali, Executive Chairman of Operations for Dubai Holding; Adel Al Shirawi, Chief Executive Officer for Tamweel; Saad Abdul Razak, Group Chief Executive Officer for Dubai Islamic Bank (DIB); and Hesham Abdullah Al Qassim, CEO of Dubai Real Estate. Dr. Bin Sulaiman and Ba'alawy have been appointed as vice chairmen of the board.

Per Larsson, CEO of DIFX, is appointed as the new CEO of Borse Dubai. Larsson was the President and Chief Executive of OMX. Prior to joining the DIFX, he led the exchange through a period of rapid expansion and technological development. He also built strong links with other exchanges internationally. In his 18-year career with OMX, he also served as Group COO and Chairman of the Stock Exchange.