Abdulaziz Al Ghurair appointed as Chairman of DIFC Authority's Board of Directors

Dubai – 15 April 2012: Dubai International Financial Centre (DIFC), the financial and business hub connecting the region’s emerging markets with the developed markets of Europe, Asia and the Americas, announced today that His Excellency Abdul Aziz Al Ghurair has been appointed as Chairman of DIFC Authority Board of Directors by a decision issued by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of DIFC.

HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, President of DIFC, said:
“Abdul Aziz Al Ghurair is one of the founders of UAE’s banking industry, and his business acumen is matched by very few in the region. I am confident that his extensive experience will help DIFC successfully execute its strategy, and further strengthen its position as a global hub of business and finance.”

Commenting on his appointment, HE Abdul Aziz Al Ghurair, Chairman, DIFC Authority said:
“It gives me great pride to be entrusted by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, to take on this challenging role. Under his leadership, DIFC Authority has taken substantial strides to position DIFC as a global financial hub, and I look forward to working with the board of directors and management team to build on these achievements.”

Al Ghurair brings a wealth of knowledge and experience from his current and former appointments on several major boards in the public and private sectors.