DIFC Authority Appoints New Chief Financial OfficerPress Release 14 Jan 2017 12:00 pm
- Yazan Mohamad Al Nasser appointed CFO bringing more than 30 years of financial experience
- Experience in property and retail will benefit DIFC with expansion of the district underway
Dubai-UAE: 14 January 2017 – Yazan Mohamad Al Nasser has been appointed as the new Chief Financial Officer for the Dubai International Financial Centre Authority, the body overseeing the leading financial centre in the Middle East, Africa and South Asia region.
As CFO, he is responsible for the formulation and review of key financial controls, business processes and management reporting, and the evaluation of commercial and investment opportunities. The appointment comes at a key time with DIFC continuing to expand into new areas and sectors as part of its ambitious 2024 Strategy that will see the Centre triple in size over a ten year period, and the major delivery of new infrastructure developments including the lifestyle destination, Gate Avenue at DIFC.
Mr. Al Nasser brings more than 30 years of international experience to the role in the fields of finance and audit. Prior to joining DIFC, he worked with Emaar malls PJSC, where as Chief Financial Officer he was responsible for a wide portfolio of shopping malls and community centres.
In his professional career, Mr. Al Nasser also served as senior staff at Majid Al Futtaim’s Internal Audit Department, as well as in the Audit and Oversight Office at the United Nations (UNRWA) in Vienna, Austria.
Welcoming the appointment, Chief Executive Officer of DIFC Authority, Arif Amiri said: “Dubai International Financial Centre has raised the standards for excellence in the region’s financial industry. As a result of our client-focused approach, we are widely recognised as one of the world’s fastest growing financial centres, aiming to have over 50,000 professionals and 1,000 financial firms by 2024. We are confident that Mr. Al Nasser’s industry experience will support DIFC in the delivery of its 2024 Strategy.
Yazan Mohamad Al Nasser, Chief Financial Officer at DIFC Authority, said: “It is an honour to join DIFC at a key time as it continues the development of its properties portfolio to achieve its growth strategy. I am excited to be joining the organisation and tackling the challenges as well as seizing the opportunities that lie ahead in the achievement of our 2024 Strategy, while creating sustainable growth through a vibrant financial services cluster.”