Qatar Financial Centre Regulatory Authority announces further new senior appointments

All appointments are effective immediately.

Phillip Thorpe, the Chairman and Chief Executive of the Regulatory Authority welcomed the new appointments:

"These additional appointments further strengthen our ability to assess and process businesses interested in locating in the Qatar Financial Centre. All appointees bring extensive expertise in the regulatory field, particularly in the region, as well as solid experience gained in the types of financial services institutions, the Centre hopes to attract. I am pleased to welcome them to the team."

Mr. Lilley joins the QFCRA from the Dubai Financial Services Authority (DFSA) where, as Senior Manager of Authorisation, he was responsible for the authorisation, registration and licensing of firms and individuals conducting regulated activities within the Dubai International Financial Centre (DIFC) since inception. Previously Mr. Lilley has held a number of senior compliance positions in the UK and Australia at financial services firms including Fidelity Brokerage, Nikko Europe, Credit Lyonnais and Zurich Financial Services.

Mr. Cemm also joins the QFCRA from the DFSA where he too held the position of Senior Manager of Authorisation. Prior to this role he held compliance positions with asset management firms Perpetual Plc and INVESCO UK and held regulatory positions within the Personal Investment Authority, the Financial Services Authority, and the Investors' Compensation Scheme in the UK. Prior to moving into the compliance and regulatory field, Mr. Cemm began his financial services career as a banker with NatWest.

Ms. Read also joins from the DFSA where she was Senior Manager in the Supervision Department, focused on risk based regulation and supervision of firms authorised in the DIFC. Prior to this she gained international regulatory and compliance experience in the UK and Australia including positions with Credit Lyonnais and Zurich Financial Services.