DFM Management Team

Biography:

In these roles, he develops and implements the expansion of existing markets and activities at both exchanges and is creating new areas of growth, building on the synergies between DFM and Nasdaq Dubai.

Under his leadership Nasdaq Dubai launched equity derivatives on UAE stocks in 2016 and on Saudi stocks in 2019.

Nasdaq Dubai has become one of the largest exchanges in the world for Sukuk listings. It is the largest exchange in the Middle East for US dollar-denominated bond listings, many of them from Chinese and other international issuers as well as GCC issuers. Under Mr. Ali’s direction Nasdaq Dubai has also pioneered the UAE’s listed REITs market. The exchange’s MarketSite event space, launched in 2018, has become a leading venue for thought leadership and media activity.

Mr. Hamed Ali was previously Executive Director of Nasdaq Dubai from 2006 to 2008. His experience includes serving as Chief Operating Officer of DIFC Authority and most recently as Executive Director at the Dubai Knowledge & Human Development Authority.

Mr. Hamed Ali played a key role in the development of the Dubai Strategic Plan 2015 and participated in various strategy development exercises. He holds an Executive MBA from London Business School, a B.Sc. in Applied Computing from Leeds Metropolitan University, and a Master Certificate in Project Management.

Division's main functions:

Biography:

His career with DFM is role model in this field, as he joined the market before 2002 as a scholarship student assigned from the HCT Higher Colleges of Technology and has contributed in several educational and awareness initiatives concerning financial markets, and hold several leadership roles, including the position of Vice President & Deputy Head of Operations Division in DFM during the period 2011 - 2020.

Mr. Khalifa Rabba has over than 18 years of experience in the financial markets, and he has major roles involved in developing the trading cycle, enhancing investor & brokers relations with the market, and develop the governance of listed companies. He also contributed in developing the legislation of several trading products and financial services, and he had a major role in the market’s development and growing during its early stages towards raising revenues post the event of being a public joint stock company.

Mr. Khalifa Rabba holds a Bachelor's degree in Business Administration from the Higher Colleges of Technology – HCT (UAE) and a Master degree in Financial and Banking Business Administration from the University of Wollongong in Australia. He also received the "Feigenbaum Leadership Excellence Award" from Sheikh/ Hamdan bin Mohammed E-University.

He is currently the Chief Operating Officer (COO) and Head of Operations Division in Dubai Financial Market (DFM). He leads the market operations division, which includes vital departments such as market operations, listing & disclosure, and information security.

Division's main functions:

Operations Division embraces of three main departments; Information Security, Market Operations, and Listing & Disclosure. Together these ensure the smooth running and accelerated work-flow of the market operations in a regular and efficient manner, through the adoption of latest technologies and the implementation of industry’s best practices. The functions include the following:

• Develop operational plans and implement advanced policies to oversee operations with developing business continuity & information security strategies.
• Increase the flexibility of trading and stock exchange business by adopting latest technologies & systems, and automating procedures.
• Improving the stock exchange’s operational competencies and efficiencies by adopting advanced technologies.
• Reducing operational risks through business continuity planning and applying information security controls.
• Facilitating the decision-making process by providing the option for analyzing current and historical data.
• Reducing trading risks by setting policies, controls and procedures to monitor the broker's business and listed companies’ disclosures.
• Providing fair treatment to investors and trading partners through business rules governed set within systematic and controlled administrative procedures.
• Monitor the trading and ensure that all market members adhere to all laws and regulations by market and the Securities & Commodities Authority (SCA).
• Licensing market members as of brokerage firms in liaise with the Securities & Commodities Authority (SCA).
• Listing local and foreign stocks, bonds, and other products for trading in coordination with Securities & Commodities Authority (SCA).
• Setting controls and standards for trading, licensing, disclosure and listing systems, and for other new products.
• Developing and operating new trading products on the market.

Biography:

Mr. Jamal is one of the five key founders and leaders of the DFM.

He established and managed the marketing department in the DFM between 2000 – 2008 when he was later charged with handling the Statistics and Research Department; in addition to the Product Development Department in the market.

Mr. Jamal holds a Master's degree in Total Quality Management from the University of Wollongong in Dubai, and a Higher Diploma in Information Technology from the Higher Colleges of Technology in the UAE.

He also served as an assessor for the Dubai Quality Awards in 2001.

Mr. Jamal is currently the Executive Vice President – Head of People & Talent Management Division and is constantly focused upon ensuring best practices and adopting standards of excellence within DFM.

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The People & Talent Management Division key functions include:

• Talent Management & Manpower planning
• Recruitment & Selection
• Training & Development
• Employee Relations
• Compensation & Benefits
• Strategic Planning
• Enabling Excellence

Biography:

Highly accomplished, result driven and well oriented with over 25 years of progressive experience in Banking and Capital Markets. Demonstrated ability to develop corporate wide strategy, streamline business and operations that drive growth, increase efficiency that contributes to the organization bottom-line. He was in charge of Nasdaq Dubai acquisition project consolidating IT and Operations infrastructure.

Developed and managed new financial products, scheme cards products and platforms diversifying revenue streams through rationalization of existing services capitalising on Fintech.

Before joining DFM he was the COO of Dubai Bank, and also worked with Abu Dhabi Islamic Bank, First Gulf Bank and National Bank of Abu Dhabi in various roles with focus on Islamic Finance and Capital Markets. He project managed over 50 IPO’s and Right Issues as Lead Manager or Co-Lead Manager bank role. He led two main core banking system migration projects, conversion to Islamic bank, M&A’s transactions, trading and back office systems.

He has consistently produced a very high standard of work and possess the ability to adapt to frequent new situations, master new techniques with solid leadership, communication and interpersonal skills to establish rapport with all levels of staff and management.

Ali Al-Hashimi holds an MBA and Bachelor degree in Business Administration and Finance from the University of Baghdad.

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