Dubai International Capital LLC, an investment company owned by the emirate’s ruler, appointed David Smoot as chief executive officer, replacing Anand Krishnan, who retired, the company said.
Smoot, 41, was promoted from his role as chief investment officer, which he held for two years, Dubai International said in an e-mailed statement today. Smoot, previously a managing director at Morgan Stanley, is the chairman of three firms in which the Dubai company has investments, according to the statement.
Krishnan was named CEO in September 2009 after previously serving as chief operating officer and chief financial officer since 2006, according to the company website. No one answered the phone in his office.
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