UAE-based Menacorp, a leading financial services firm, has appointed Arshad Khan as its new executive director.

Khan brings 17 years of relevant professional experience and detailed insights in the areas of technology, operations, products, regulations, strategy, finance, and marketing.

In his previous role, he was most recently the chief executive officer of Bahrain Financial Exchange (BFX).  

Khan helped to successfully establish the Bahrain Financial Exchange (BFX), a multi-asset international financial exchange which is licensed and regulated by the Central Bank of Bahrain, as well as the BFX Clearing and Depository Corporation (BCDC).

Under Khan’s leadership, BFX implemented the region’s first electronic platform to conduct Islamic finance Murabaha transactions in 2011.

He was also a part of the core team that established the Dubai Gold and Commodities Exchange (DGCX) and its clearing corporation, the Dubai Commodities Clearing Corporation (DCCC), in a record time of 12 months. For five-years, he served as a board member of DGCX and DCCC.

Khan completed his post-graduate diploma in Business Administration (Finance) at the Maharishi Institute of Management, India in 1997.

Welcoming Khan to the company, Fathi Ben Grira, CEO, Menacorp, said: “Having him joining us is a great honour and an important milestone for our company.” – TradeArabia News Service