DFM PJSC Stock Price

1.080 -0.010 (-0.917%)
Last Refreshed at: 28 July 2021 13:58 GMT +4

2020 Year In Review

Browse and Download our review for 2020

Stay Informed!

Sign up for our latest developments

Board of Directors

By virtue of Article 20 of the Company’s Articles of Association, the DFM Board of Directors consists of 7 members. All Board members are UAE citizens with the required expertise and skills:


HE. Essa Kazim

H.E. Essa Kazim


His Excellency Essa Kazim is the Governor of Dubai International Financial Centre (DIFC), Chairman of Borse Dubai, Chairman of Dubai Financial Market (DFM), Deputy Chairman of Supreme Legislation Committee in Dubai and a member in Dubai Supreme Fiscal Committee.

Read more

His Excellency Kazim began his career as a Senior Analyst in the Research and Statistics Department of the UAE Central Bank in 1988 and then moved to the Dubai Department of Economic Development as Director of Planning and Development in 1993. He was then appointed as Director General of the DFM from 1999 to 2006.

His Excellency Kazim holds an honorary Doctorate from Coe College, a Master's degree in Economics from the University of Iowa, a Master's Degree in Total Quality Management from the University of Wollongong and A Bachelor degree from Coe College.

His Excellency Kazim currently sits on a number of official advisory committees and boards; he is Member of the Higher Board of Directors of the Dubai International Financial Centre (DIFC), Chairman of DIFC Authority Board of Directors, Chairman of DIFC Investments Board of Directors, Board Member of Nasdaq Dubai, Board Member of Free Zones Council, Board Member of Nasdaq, and Member of the Board of Etisalat.

His Excellency Essa Kazim also serves as a board member for a number of educational institutions, both in the region and around the world.

Mr. Rashid Hamad Al Shamsi

Vice Chairman

Mr. Rashid Hamad Al Shamsi has been the Vice Chairman of Dubai Financial Market since the year 2007. Mr. Al Shamsi is the founding partner of MEECON, an architectural and engineering project management consultancy, and owner of Al Shamsi Property Management Company in Dubai.

Read more

He graduated from the University of South Carolina, USA, with a Bachelor’s degree in Civil Engineering in 1982 and occupies / has occupied the following positions:

  • Member of the Board of Directors of the Emirates General Transport Corporation.
  • Member of the Board of Directors of Gulf Navigation (PJSC).
  • Member of the Board of Directors of NASDAQ Dubai.
  • Mr. Al Shamsi was actively engaged in the marketing and distribution of energy-related products for over 22 years.
  • General Manager of Emirates General Petroleum Corporation (Emarat) from 2002 to 2008, chairing several Emarat joint ventures and subsidiary companies.
  • Former member of the Board of Directors of Dubai Chamber of Commerce and Industry from 1991 to 1997.
  • Former member of the Board of Directors of Dubai Mercantile Exchange.
  • Former CEO of Sama Dubai, the international real estate development arm of Dubai Holding.

Mr. Ali Rashid Al Mazroei

Board Member

Mr. Ali Al Mazroei has more than 13 years of hands-on financial and administrative experience in the banking and commercial sector.

Read more

He graduated from Southern New Hampshire University, USA, with a Master’s degree in 2002, and from the American University in Dubai with a BA in 1999.

Mr. Mazroei holds / has held the following positions:

  • Director & Group CEO of Al Bahri and Al Mazroei Trading Company since April 2007. The company was established in 1968 in Dubai. The Group manages general investments in the sectors of Commerce, Real Estate, Manufacturing, Tourism and Travel etc.
  • Member of the Board of Directors of Dubai Financial Market and National Bonds Corporation (PSC).
  • Member of the Board of Directors of Emirates Investment and Development (PSC).

From 2000 to 2007, Mr. Al Mazroei held various functional and administrative positions at the CitiBank Group in Dubai as a Resident Vice President in the Financial Control Unit in Citibank, he headed the Planning & Analysis Dept for the Middle East, Turkey & Africa, as well as Director of the SME Department.

Adil Abdalla AlFahim Official Photo - new

Mr. Adil Abdullah Al Fahim

Board Member

Winner of Financial Thought Leader MENA for the year 2012. Recipient of the IIA Lifetime Achievement Award (2013) from the Institute of Internal Auditors. A graduate from the faculty of Commerce at the Ain Shams University in Cairo.

Read more

A holder of the CPA (Certified Public Accountant, USA), CFE (Certified Fraud Examiner, USA), CFC (Certified Financial Consultant, Canada) and ACL (Audit Command Language) Certified Trainer Qualifications.

In charge of the Finance Unit at Dubai Airports as the Chief Financial Officer (CFO) since 2006. Presently a member of the Board of Directors (BOD) for Dubai Financial Market (DFM).

Previously served as the Director of Internal Audit at the Department of Finance (Government of Dubai) and worked as Deputy Director for Performance Audit and Training and Information Systems at H.H. Ruler’s Court of the Dubai Government.

He holds / has held the following positions:

  • Member of the Dubai Government “Financial Planning Committee”.
  • Member of the Board of Directors of “Dubai Financial Market”.
  • CFO at Dubai Airports Company where he joined in 2006 to date.
  • Member of the Dubai Government "Planning, Budget, Development and Automation Committee”.
  • Director General of the UAE Accountants and Auditors Association (2000-2002).
  • Member of the Board of Directors and President of the Conferences Committee in the UAE “Accountants and Auditors Association” (2002-2004).
  • President of the “American Institute of Internal Auditors” (IIA) USA - Emirates branch (2006-2007).
  • Senior Vice-President, “Internationally Certified Fraud Examiner” (CFE) USA - Emirates branch.
  • Member and Secretary of the UAE “Auditors’ Registration Committee”.
  • UAE Representative of the” AGCC E-Commerce Committee”.
  • Financial Expert & Arbitrator at Dubai Courts.

He has also the following professional memberships:

  • Certified Public Accountant (CPA).
  • Certified Fraud Examiner (CFE).
  • Certified Financial Consultant (CFC) - Canada.
  • Certified Audit Command Language (ACL) Trainer - Belgium.
  • Founding member of the UAE Accountants and Auditors Association.
  • Member of the Judges Assistant Category in the Experts list of technical consultants adopted by Dubai Courts.
  • Information Systems Audit and Control Association (USA).
  • Institute of Internal Audit (USA).
  • American Society for Quality (USA).
  • Association of Financial Professionals in Hospitality and Technology Affairs for the Hotel Sector.
  • The Canadian Association of Financial Consultants.

Mr. Mohammed Humaid Al Mari

Board Member

Mr. Al Mari is a Financial and Administrative expert with more than 20 years of experience in both public and private sectors. He graduated from Mohammed Bin Rashid’s Program for Leadership Development, Government Leaders Category.

Read more

He also holds an MBA from the American University in Dubai since 2004 and a Bachelor’s degree in Accounting from the United Arab Emirates University in Al Ain since 1990. Mr. Al Mari started his professional career as an employee at the Land Department in 1986 and holds / has held the following positions since then:

  • Assistant CEO for Finance and Corporate Support at the Mohammed Bin Rashid Housing Establishment since August 2009.
  • Founding Partner in Faris & Co. Public Accountants since 1995.
  • CFO at the Roads and Transport Authority from June 2006 to August 2009.
  • Assistant General Manager of the Dubai Transport Authority from March 2005 to June 2006.
  • Member of the Board of Directors of the Dubai Development Board from December 2005 to April 2008.
  • CFO and CAO of the Land Department from November 2000 to March 2005.

 Mr. Al Mari has the following professional memberships:

  • Certified Public Accountant since 1990.
  • Member of the UAE Accountants and Auditors Association since 1997.
  • Member of the Culture and Science Symposium in Dubai since its inception.
  • Honored with the Sheikh Rashid Award for Educational Excellence for completing an MBA degree at the American University in Dubai.
  • Holds an Institutional Leadership Certificate from the Leadership and Learning Center in Florida, USA.
  • NLP practitioner certified by Richard Bandler through McClendon & Associates Institute.
  • Holds a Self-Hypnosis Practitioner Diploma from Proudfoot School of Clinical Hypnosis and Psychotherapy.

Mr. Mussabeh Mohammed Al Qaizi

Board Member

Mr. Mussabeh Al Qaizi has over 18 years of hands-on experience, the majority of which were in the field of information technology where he supervised and directly managed several multi-tasked teams and individuals.

Read more

He graduated with a Bachelor’s degree in Computer Information Systems from Arkansas University, USA, in 1991.

Mr. Al Qaizi holds / has held the following positions:

  • Head of E-Banking Services at Dubai Islamic Bank as well as other leadership positions such as member of the Board of Directors of the Islamic Financial Services (a subsidiary of Dubai Islamic Bank) and Head of the Automatization Committee at the Dubai Islamic Bank, which plays a vital role in coordinating and aligning the bank’s comprehensive strategy with the latest IT developments.
  • Managed the Dubai Ports Authority IT Department as Support Supervisor and subsequently as Head of the IT Department. Throughout his seven years of working at Dubai Ports World, he gained extensive hands-on experience and knowledge from dealing with the various functional departments thereof.
  •  Mr. Al Qaizi joined Dubai Islamic Bank in 1999 as Head of the Cards Unit which he developed in two years.
  • Head of Information Systems Department at the Dubai Islamic Bank between 2001 and 2008. During this period, he was able to build and support the information systems infrastructure and hence gain wide ranging hands-on experience in project management at various banking levels.

Since 2008, based within the E-Banking Operations Unit, Mr. Al Qaizi has been developing various channels to connect customers to the bank. In recognition of the great development which he achieved in this field, his project was named Project of the Year for 2009, as well as Best Unique E-Banking System Project at Dubai Islamic Bank.


Mrs. Moaza Al Marri

Board Member

Moaza Al Marri, is the Executive Director of the Director General’s Office at the Roads and Transport Authority. ‏She is a Board Member at the Dubai Financial Market (DFM) and at the Dubai Sports Council serving as the Secretary General of Mohammed bin Rashid Al Maktoum Creative Sports Award and the Head of the Women’s Sports Committee.

Read more

Moaza holds a Masters of Business Administration in General Business from the American University in Dubai. Through her 20 years career Moaza had garnered diverse experiences from the private, semi government, government sectors and different committees in different sectors, giving her an agile and adaptive approach to multiple sectors requirements.

‏Moaza started her career in 1999 at Nestle Middle East, overseeing the Internal Communications for the Middle East and Levant market. After which she moved on to the banking industry joining Emirates NBD in 2009 and took up the positions of Senior Business Marketing & Communication Manager. In January 2014, she moved on to the Government sector joining the Roads & Transport Authority in Dubai as a Marketing and Corporate Communications Director, then she was promoted to become the Executive Director - Chairman & Executive Director Office at the Authority

‏In her present position, Moaza is heading several pivotal committees participating in the comprehensive development in UAE, such as the team responsible of following up Mobility Future Foresight Project; this project is related to following up strategies and initiatives of smart transformation in the mobility sector, as well as re-enforcing RTA pioneering and Dubai in forming mobility future. Moaza heads as well RTA’s Women Committee, which enables and empowers women in RTA, this committee announced many distinctive initiatives, and organized varied cultural and sport activities.

On a personal level, Moaza has won The Middle East Women Leaders Excellence Award in 2015 for Communications and Media excellence, and a Bronze Award from Dubai Lynx.