Mr. Ali was appointed Chief Executive Officer in July 2013, after serving as Acting Chief Executive Officer as of August 2012. He is also the CEO of Dubai Financial Market PJSC (DFM), having been appointed in November 2021, and was previously the Deputy CEO of DFM since July 2020.
In these roles, he develops and implements the expansion of existing markets and activities at both exchanges and is creating new areas of growth, building on the synergies between DFM and Nasdaq Dubai.
Under his leadership Nasdaq Dubai launched equity derivatives on UAE stocks in 2016 and on Saudi stocks in 2019. Nasdaq Dubai has become one of the largest exchanges in the world for Sukuk listings. It is the largest exchange in the Middle East for US dollar-denominated bond listings, many of them from Chinese and other international issuers as well as GCC issuers. Under Mr. Ali’s direction Nasdaq Dubai has also pioneered the UAE’s listed REITs market. The exchange’s MarketSite event space, launched in 2018, has become a leading venue for thought leadership and media activity.
Mr. Hamed Ali is a Board Member of the General Pension and Social Security Authority. He was previously Executive Director of Nasdaq Dubai from 2006 to 2008. His experience includes serving as Chief Operating Officer of DIFC Authority and as Executive Director at the Dubai Knowledge & Human Development Authority.
Mr. Hamed Ali played a key role in the development of the Dubai Strategic Plan 2015 and participated in various strategy development exercises. He holds an Executive MBA from London Business School, a B.Sc. in Applied Computing from Leeds Metropolitan University and a Master Certificate in Project Management.