NASDAQ Dubai exchange has appointed Hamed Ahmed Ali as CEO.
The appointment follows Ali’s success in developing the exchange in the role of acting CEO since August 2012.
Activities at NASDAQ Dubai in 2013 include the listing a number of Sukuk and conventional bonds and preparing innovative plans for further expansion in addition to listing of equities.
Abdul Wahed Al Fahim, chairman of NASDAQ Dubai, said: “[Ali’s] record of achievement positions the exchange to grow further and offer new advantages to issuers and investors. The expansion and strengthening of Dubai’s economy, combined with MSCI’s upgrade of the United Arab Emirates to emerging market status last month, are positive indicators for the future of the country’s capital markets.”
“With Hamed Ahmed Ali as CEO, NASDAQ Dubai will continue to playing a leading role in the development of the financial markets.”
