The Dubai Financial Services Authority (DFSA) has appointed Juma Thani Alhameli as its new Chief Operating Officer (COO), effective June 10, 2025. Alhameli will also join the DFSA’s Executive Committee, marking a significant addition to the regulator’s leadership as it seeks to bolster its oversight of the Dubai International Financial Centre (DIFC).

DFSA Names Juma Thani Alhameli as Chief Operating Officer

Alhameli brings over two decades of experience across the technology, financial services, and aviation sectors in the UAE. Most recently, he served as Group Chief Technology Officer at First Abu Dhabi Bank, where he oversaw the bank’s technology strategy.

His career also includes senior leadership roles at Abu Dhabi Global Market (ADGM), where he contributed to business development and communications, and board positions with the Abu Dhabi Securities Exchange for almost a decade.

“I am honored to join the DFSA and to lead its operational agenda at a time of opportunity and ambition across the region’s financial sector,” Alhameli said, expressing enthusiasm about his new role. “I look forward to working with the talented team and to further the DFSA’s work in delivering regulatory excellence while contributing to the continued growth of the DIFC, Dubai, and the UAE as a leading financial hub.”

Earlier, he held technology posts at the Dubai Civil Aviation Authority, Tanfeeth (Emirates NBD), and e& (Etisalat). He holds a Bachelor of Science in Computer Engineering from Khalifa University and has completed executive programs at Harvard University and IESE Business School.

Booming Financial Market in Dubai

The DFSA, as the independent regulator for financial services in the DIFC, oversees a broad mandate including banking, asset management, securities, insurance, and anti-money laundering compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term. Alhameli’s appointment comes as the authority continues to expand its regulatory reach in support of Dubai’s ambitions as a global financial center.

“Juma’s leadership and operational expertise will be instrumental in supporting our core mission,” DFSA Chief Executive Mark Steward commented, “delivering robust, transparent, and forward-looking regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term so that the DFSA remains a benchmark of excellence, both regionally and globally. I look forward to working closely with Juma to advance our strategic priorities and deliver lasting impact.”

In recent years, an increasing number of financial companies have been opening offices in the largest city of the United Arab Emirates. Among them is the U.S.-based retail broker Interactive Brokers, which obtained a local license at the end of last year. Why this destination? According to company representatives, it's due to the booming financial market.