Dubai Financial Services Authority appoints new chairman

The Dubai Financial Services Authority (DFSA) has appointed Saeb Eigner as its new Chairman.

The Dubai Financial Services Authority (DFSA) has appointed Saeb Eigner as its new Chairman. Eigner has indicated that one of his key priorities is to strengthen ties with international bodies and regulators, as well as the implementation of regulatory standards.

Eigner is the Founder and Chairman of Lonworld, a private finance, property and investment group. Previous to seeting up Lonworld, Eigner was a Senior Manager at ANZ Grindlays Bank in London where he headed up the Middle East and Indian Sub-continent Division.

Commenting on his appointment, Eigner said, “The DFSA has strengthened its reputation as a world-class regulator under the leadership of the former Chairman Mr Abdullah Saleh, who takes on his new responsibility as Governor of the Dubai International Financial Centre (DIFC). I look forward to continuing to work with my colleagues and to leading the DFSA in its vital role as the regulator of the DIFC. In doing so I am fortunate to have a highly respected and experienced international Board of Directors and an excellent Executive team.
 
Paul Koster, Chief Executive of the DFSA, warmly welcomed the appointment of the new Chairman and the stability provided by the re-appointment of Board members.

Eigner holds a Masters Degree in Business Administration and a Masters Degree in Management from the London Business School. He is the co-author of the management books “Sand to Silicon” (2003) and “Sand to Silicon-Going Global” (2009) and author of “Art of the Middle East” (2010). He holds and has held a number of senior Board appointments in the areas of banking, strategy, education, investment and culture.

The DIFC is the purpose built financial centre in Dubai which has attracted more than 250 financial firms.