The Dubai Financial Services Authority (DFSA) announced on Tuesday the appointment of Christopher Calabia, who has worked for the Bill & Melinda Gates Foundation, as the new chief executive.
Calabia will be taking over the post of Bryan Stirewalt effective from October 1, 2021, bringing with him 30 years of experience in various public and not-for-profit sector roles.
“He joins the DFSA from a senior advisory position at the Bill & Melinda Gates Foundation, leading its work to promote regulations that enable digital financial inclusion,” the statement said.
“In that capacity, he has advocated for policy, technology and data innovations to support supervisors and strengthen the safety, soundness and integrity of financial systems in developing countries around the world.”
Chris had also previously worked at the Federal Reserve Bank of New York, where he had a variety of specialized policy and supervision roles.
The DFSA is the independent financial regulator of the Dubai International Financial Centre (DIFC).
(Writing by Cleofe Maceda; editing by Seban Scaria)
This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2021