The Dubai International Financial Centre (DIFC) Authority has appointed Marwan Ahmad Lutfi as its deputy chief executive and head of business development for the DIFC Authority.

In this role, Lutfi will look after all business development activities and client-related matters for the DIFC Authority.

“As the DIFC enters its next phase of growth, Marwan Lutfi’s appointment to this key business development role will be pivotal in driving forward our strategic initiatives and adding depth and breadth to the array of financial services activities conducted out of the Centre,” said Ahmed Humaid Al Tayer, governor of DIFC.

“Marwan will play a key role in further asserting the global nature of the centre, integrating it with the region and adding value to its existing and future partners,” added Abdulla Mohammed Al Awar, chief executive of the DIFC Authority.

Lutfi brings with him a wealth of experience to the financial services industry. He was previously a member of the Business Development team that established the DIFC and was integral in the initial stage of attracting financial services to the centre.

Marwan was earlier with Abraaj Capital where he was in charge of investor coverage for the GCC region.

Marwan Lutfi holds a Bachelor’s degree in Business Administration from Boston University. He has also completed executive education courses at Harvard University’s Kennedy School of Government and the Institute for Management Development (IMD).-TradeArabia News Service