A key person overseeing the UAE’s financial exchanges
Ahmed Humaid al-Tayer
Company: Dubai International Financial Centre (DIFC)
Position: Governor
Biography: Ahmed Humaid al-Tayer was named DIFC governor in November 2009, following the dismissal of Omar bin Sulaiman, who is currently being investigated for allegedly committing financial irregularities worth $13.6m.
The DIFC is a free-zone focusing on several sectors of financial activity and is home to Nasdaq Dubai. Al-Tayer has held a number of positions within the UAE’s Finance & Industry Ministry, starting as director of the economic department in 1973.
He later served as minister of state for finance and industry between 1983 and 1997. He also served as communications minister in 1997. Al-Tayer sits on the boards of several UAE organisations; including Emirates NBD, Commercial Bank of Dubai, the Emirates Banks Association, the Investment Corporation of Dubai.
Al-Tayer graduated in 1973 from the college of economics and political sciences at Cairo University.
Updates:
- In June 2011, Al-Tayer was replaced as head of Emirates NBD.
- In July 2011, Al-Tayer was replaced as head of the DIFC, with Abdullah Mohamed Saleh assuming the role of governor.
Contact: (+971) 4 362 2222
Company website: www.difc.ae/
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