DIFC chief executive Jeff Singer resigns for personal reasons

Dubai1The chief executive of the Dubai International Financial Centre (DIFC) has resigned for personal reasons after six years with the organisation.

A spokesperson for the centre confirmed Singer’s departure and said the DIFC had communicated the fact to clients, though it has yet to issue a public statement.

The centre has yet to announce Singer’s replacement but would do so “in due course”, says the spokesperson.

Singer joined the Dubai International Financial Exchange, the DIFC’s international stock market, in 2008, after which it became the Nasdaq Dubai market.

He became chief executive of the centre in 2012, replacing Abdulla Al Awar, a UAE national.

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