Saturday, 21 November 2009

Bin Suleiman replaced as governor of the DIFC (The local view from UAE)

Dr Omar bin Suleiman has been replaced as governor of the Dubai International Financial Centre (DIFC).

Ahmed Humaid al Tayer, a high-profile businessman and former federal government minister, has been appointed to the post, according to a statement on the state news agency, WAM.

Mr al Tayer is the chairman of Emirates NBD bank, the country’s largest lender by assets, and is a member of the boards of numerous Dubai-based companies, including his family’s Al Tayer Group, Commercial Bank of Dubai, Dubai Aluminum and the Investment Corporation of Dubai.

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