ADX names new CSD dept head

ABU DHABI - The Abu Dhabi Securities Exchange, or ADX, announced the appointment of Mohammad Al Muhairi as head of its Clearing, Settlement and Depository, or CSD, department. Al Muhairi has 13 years of experience in the financial sector while working at the ADX.

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Published: Sat 20 Apr 2013, 11:35 PM

Last updated: Sat 4 Apr 2015, 9:33 AM

ADX CEO Rashed Al Baloushi said: “It gives me great pleasure to announce that Mr Mohammad Al Muhairi will be the new head of our CSD department. Al Muhairi’s dedication, as well as his professional experience, will prove an invaluable addition to the growth of ADX as we seek to achieve our aspirations.”

Al Muhairi joined the ADX in 2000, holding the position of settlement and payment officer at the CSD department prior to becoming Settlement and Payment Section manager of the same department in 2006.

He played an important role in leading several projects within the ADX, mainly focused on the development of the ADX’s delivery-versus-payment model.

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