The new CFO is responsible for formulating key financial controls, business processes and management reporting.

The Dubai International Financial Centre Authority, a body that oversees the financial hub in the Middle East, Africa and South Asia, has appointed Yazan Mohamad Al Nasser as chief financial officer.

Prior to joining the DIFC, Al Nasser worked with Emaar Malls PJSC as CFO, where he was responsible for a portfolio of shopping malls and community centres. Collectively, he has more than 30 years' experience in the fields of finance and audit, the DIFC said in a statement. 

In his new role, he is responsible for formulating key financial controls, business processes and management reporting, and the evalutation of commercial and investment opportunities. 

“We are confident that Mr Al Nasser’s industry experience will support DIFC in the delivery of its 2024 strategy,” said Arif Amiri, chief executive of the DIFC Authority. 

Last week, the DIFC joined forces with Accenture to launch a so-called financial technology accelerator situated in Dubai.