New leadership at Dubai’s Community Development Authority: Saeed Al Tayer was tapped as CEO of the Corporate Support Sector of Dubai’s Community Development Authority (CDA), state news agency Wam reports. Al Tayer was previously CEO of the Social Development Sector, which will now be led by Ahmed Al Jarman.
Sharjah’s Invest Bank appointed Mridul Baberwal (Linkedin) as chief financial officer and Hammad Naqvi (Linkedin) as head of treasury, according to a press release (pdf). Baberwal is a chartered accountant with over 20 years of experience and he previously served as Deputy CFO at Rakbank. Naqvi has over 30 years of experience in treasury management, capital markets, and Islamic finance. He joins from Mashreq, where he served as senior executive vice president and head of treasury and capital Markets. He also chaired the UAE Banks Federation Financial Markets Committee.