DIFC regulator hires new general counsel

HandshakeThe regulator of the Dubai International Financial Centre (DIFC) has hired Muna Dandan as its new general counsel, replacing Michael Ridgeway, whose contract is at an end.

As general counsel, Dandan will be responsible for all legal work carried out by the regulator, the Dubai Financial Services Authority (DFSA), which bases its framework on the financial rules of the UK. She starts the new job in September.

Dandan was reported to have joined law firm Eversheds as a partner in Hong Kong in May of this year. She had previously worked for Barclays Bank as legal head in the Middle East for more than four years, based in Dubai.

Ian Johnston, chief executive of the DFSA, says “it is clear that Muna brings an excellent balance of legal and industry knowledge” to the authority.

Errol Hoopmann, managing director of policy and legal services, is leaving the DFSA. Both he and Ridgeway, the outgoing general counsel, plan to return to their home country.

©2015 funds global mena

Related Articles