Dubai International Financial Centre appoints Naser T. Nabulsi as Chief ExecutivePress Release05 Mar 2003 01:12 pm
The Dubai International Financial Centre (DIFC) is pleased to announce the appointment of Mr. Naser T. Nabulsi as Chief Executive Officer.
Mr. Nabulsi, aged 37, worked from 1989 till 2001 with Merrill Lynch, where he was a top performing banker and held the position of First Vice President. He was involved in managing relationships and strategies for institutions and high net worth individuals, focusing on the United Arab Emirates, Saudi Arabia and Jordan.
For the last two and a half years he has been Senior Investment Officer and Head of the Asset Management Group for The Executive Office, based in Dubai.
Mr. Anis Al Jallaf, Chairman of the DIFC Board of Directors, said:
We are delighted that Naser is joining us. He has the experience and the leadership qualities to build the DIFC into a centre of excellence that will generate profits and employment for the benefit of the UAE and the wider region.
Mr. Nabulsi said:
I aim to help develop the DIFC into one of the main engines of economic expansion in our region. By creating a new financial centre the DIFC will be a magnet for the investment needed to stimulate business and employment growth.
We are not seeking to recycle existing business from our neighbours but to create the new opportunities that our region urgently needs. We intend to achieve this goal - ambitious but attainable - by combining the entrepreneurial spirit of the Emirates with the very best financial, legal and regulatory practices from the worlds leading markets.”
Mr. Nabulsi added:
I am privileged to be joining such a first rate team at the DIFC, led by Anis Al Jallaf as Chairman of the Board and Hussain Al Qemzi as Chief Operating Officer. They have already made much progress in making this ambitious goal yet another UAE success story.