F. Christopher Calabia was named the new CEO of Dubai Financial Services Authority, according to the website of the regulator.
Effective Oct. 1, Mr. Calabia will replace Bryan Stirewalt, who has been serving as CEO since 2018. Details of Mr. Stirewalt's next appointment were not available, and he could not be reached.
"Chris' experience, driving innovation in complex environments while maintaining the stability and integrity of financial systems, will further strengthen the DIFC's (Dubai International Financial Centre's) standing as a global financial hub. The board of directors and I look forward to working with Chris as he builds on the best practices set in place and enhances regulatory capacity at a time of rapid transformation in markets and technology," said Fadel Abdulbaqi Al Ali, chairman of the DFSA, in a news release.
Mr. Calabia was a senior vice president at the Federal Reserve Bank of New York and senior adviser at the Bill & Melinda Gates Foundation.
