Font Size

- Aa +

Tue 30 Dec 2014 01:59 PM

Font Size

- Aa +

Dubai's financial district hires ex-Emaar exec as deputy CEO

Former Emaar commercial chief Arif Amiri has been appointed by Dubai International Financial Centre Authority

Dubai's financial district hires ex-Emaar exec as deputy CEO
Dubai International Financial Centre

A former Emaar Properties senior executive has been appointed deputy CEO of the Dubai International Financial Centre (DIFC) Authority, it was announced on Tuesday.

Arif Amiri will oversee efforts to further solidify DIFC's position as one of the "most significant and advanced" financial centres in the region, a statement said.

Amiri will direct the DIFC Authority's teams in the strategic development, operational management and administration of the financial district and regulated jurisdiction, which is already home to more than 1,000 firms and 17,000 employees, it added.

A UAE national with more than 15 years of experience in banking, finance, retail and real estate, Amiri joined DIFC Authority from Emaar Properties, where he was chief commercial officer.

In that role, he oversaw a significant expansion in corporate revenues and directed the company's rapid move into new markets and new business opportunities.

Earlier roles with Emaar included CEO of Emaar Retail, where he had autonomous decision-making responsibility for the business unit's strategic planning, new business, sales and marketing, and business support.

Before joining Emaar, Amiri worked for seven years with HSBC Bank Middle East, rising to the position of senior manager - Corporate & Institutional Banking.

For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.