ABU DHABI: Abu Dhabi’s new financial free zone has hired a former executive from neighbouring Dubai’s financial centre to spearhead its growth.
Jan Bladen will be executive adviser and programme leader at Abu Dhabi Global Market (ADGM), a full-service financial zone which the wealthy emirate is building on an island near its downtown area, the ADGM said in a statement yesterday.
From 2005 until late last year, Bladen was chief operating officer of the Dubai Financial Services Authority, which is the regulatory authority for the Dubai International Financial Centre, the Middle East’s top banking hub. He also worked as a risk manager at consultants Pricewaterhouse Coopers in Geneva.
“He is ideally suited to address our key priorities which are to develop the legal, regulatory and operational platforms that will provide the foundation for the growth of the Global Market,” said Ahmed Ali al-Sayegh, chairman of the ADGM.
Reuters
