UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed Saleh as the new Governor of the Dubai International Financial Centre (DIFC), according to a statement posted on the website of the ruler.
As per the decision, Saleh will replace Ahmed Humaid Al Tayer as the governor of the DIFC with immediate effect.
Abdullah Mohamed Saleh is the chairman of the Dubai Financial Services Authority since May 2007. He was chairman of National Bank of Dubai PJSC, which until March that year was the United Arab Emirates’ fourth-biggest bank by assets before its merger with Emirates Bank International PJSC. The combination of the two banks that year created Emirates NBD PJSC, U.A.E.’s biggest bank.