Dubai International Financial Centre (DIFC) has appointed Yazan Mohamad Al Nasser, a veteran in the property and retail industry, as its new chief financial officer.

Al Nasser brings with him more than 30 years of finance and audit experience to the body overseeing the leading financial centre in the Middle East, Africa and South Asia region.

As CFO, he is responsible for the formulation and review of key financial controls, business processes and management reporting, and the evaluation of commercial and investment opportunities.

The appointment comes at a key time with DIFC continuing to expand into new areas and sectors as part of its ambitious 2024 Strategy that will see the entity triple in size over a ten year period, and the major delivery of new infrastructure developments including the lifestyle destination, Gate Avenue at DIFC.

Prior to joining DIFC, he worked with Emaar malls PJSC, where as chief financial officer he was responsible for a wide portfolio of shopping malls and community centres.

In his professional career, Al Nasser also served as senior staff at Majid Al Futtaim’s Internal Audit Department, as well as in the Audit and Oversight Office at the United Nations (UNRWA) in Vienna, Austria.

Welcoming the appointment, CEO Arif Amiri said: "DIFC has raised the standards for excellence in the region’s financial industry. As a result of our client-focused approach, we are widely recognised as one of the world’s fastest growing financial centres, aiming to have over 50,000 professionals and 1,000 financial firms by 2024."

"We are confident that Al Nasser’s industry experience will support DIFC in the delivery of its 2024 Strategy," he stated.

On his new role, Al Nasser said: "I am excited to be joining the organisation and tackling the challenges as well as seizing the opportunities that lie ahead in the achievement of our 2024 Strategy, while creating sustainable growth through a vibrant financial services cluster."-TradeArabia News Service