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Dubai International Capital gets new chief.


Byline: Dubai

Dubai Holding has appointed Anand Krishnan as chief executive officer of Dubai International Capital Dubai International Capital (DIC) was established in October 2004 as the international investment arm of Dubai Holding. DIC, while focused on the private equity asset class, operates through three divisions:
  • Global Buy-Outs:
 (DIC DIC diffuse intravascular coagulation; disseminated intravascular coagulation.

DIC
abbr.
disseminated intravascular coagulation


Disseminated intravascular coagulation (DIC) 
) with immediate effect from his existing role as chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
.

Anand joined DIC in January 2006 as CFO See Chief Financial Officer.  and was appointed COO one year later. Previously he was a managing director at JP Morgan Chase New York/Asia in various senior roles for a total of 19 years.

David Smoot, chief executive officer, DIC Private Equity assumes responsibility for all of DIC's investment divisions with immediate effect, including Emerging and Public Markets. David joined DIC in July 2008 from Morgan Stanley New York, where he spent 11 years and co-founded Morgan Stanley Private Equity.

"In recognition of his achievements in the finance and investments field over the past 25 years the ShuaaBoard has appointed Sameer Al Ansari to drive Shuaa's future growth. The DIC appointments announced today are designed to provide Sameer Al Ansari with the additional support he needs in his dual role as executive chairman of DIC and chief executive of Shuaa Capital," said Ahmad Bin Byat Ahmad Abdullah Juma Bin Byat is Director General of the Dubai Technology and Media Free Zone Authority in Dubai, United Arab Emirates. He has a management background through American education and held several roles in Etisalat, the local telecommunications monopoly in the UAE , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Dubai Holding.

Anand Krishnan and David Smoot will report directly to Sameer Al Ansari and both will remain Dubai-based.- TradeArabia News Service

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Publication:TradeArabia (Manama, Bahrain)
Date:Aug 30, 2009
Words:221
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