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Dubai financial regulator names new chairman
First Abu Dhabi Bank deputy CEO Fadel Al Ali is to become the chairman of the Dubai Financial Services Authority (DFSA) following the retirement of Saeb Eigner on 1 June 2021.
Sheikh Maktoum bin Mohammed, deputy ruler of Dubai and president of the Dubai International Financial Centre (DIFC) said: Saeb has contributed over 17 years to developing independent systems and standards that have established a global reputation and confidence in the DIFC. We have great confidence that Al Ali will contribute to the development of the Dubai Financial Services Authority.
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Natixis Investment Managers
Tim Ryan has been named as chief executive of the investment firm as well as a member of the Natixis senior management committee in charge of asset and wealth management.
He will succeed Jean Raby who has decided to pursue another professional opportunity.
Ryan was previously at Generali, where he was group chief investment officer for insurance assets and global chief executive of asset and wealth management.
Dubai Financial Services Authority (DFSA)
The Dubai regulator has named Fadel Al Ali as chairman.
He replaces Saeb Eigner who will leave the post on 1 June 2021 after 17 years at the DFSA.
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National Bonds’ investments increased by 13% in 2020 from last year Sponsored by
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National Bonds, the UAE Sharia-compliant savings and investment company, owned by the Investment Corporation of Dubai (the Dubai Government’s investment arm), achieved outstanding growth in its Investments in 2020, despite the coronavirus pandemic and its worldwide economic consequences. This success is largely due to the innovative programs and services the company is offering its bondholders.