Dubai Financial Services Authority appoints new chairman

The Dubai Financial Services Authority (DFSA) has appointed Saeb Eigner as its new Chairman. Eigner has indicated that one of his key priorities is to strengthen ties with international bodies and regulators, as well as the implementation of regulatory standards. Eigner is the Founder and Chairman of Lonworld, a private finance, property and investment group. Previous to seeting up Lonworld, Eigner was a Senior Manager at ANZ Grindlays Bank in London where he headed up the Middle East and Indian Sub-continent Division. Commenting on his appointment, Eigner said, "The DFSA has strength...