Dubai Financial Authority CEO to step down
Dubai, February 9, 2012
The Dubai Financial Services Authority (DFSA) has announced that after nearly four years in the chief executive’s role, Paul M Koster has decided to step down in September 2012.
The DFSA board of directors have commenced the normal nominations process for identifying a new chief executive, which is being guided by its governance and nominations committee, said a statement.
“The board are confident of finding a worthy successor to take over the important work which he, and his team, has been doing; to strive to maintain the high international standards of the DFSA as an independent regulatory body and to contribute to the success of the Dubai International Financial Centre (DIFC) as a whole,” the statement said. – TradeArabia News Service