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10 Dec 2020, 02:43 pm

Bryan Stirewalt, Chief Executive of the DFSA, to retire at the end of his term

Bryan Stirewalt, the Chief Executive (CE) of the Dubai Financial Services Authority announces his retirement from the DFSA at the end of his term in September 2021.

Saeb Eigner, the DFSA’s Chair, said: “On behalf of the DFSA Board I sincerely thank Bryan for his dedication, loyalty and leadership of the DFSA especially during this challenging time in 2020. During his tenure the DFSA continued to be a highly respected regulator, adopting global best standards and practices, and providing international engagement with standard setting bodies. Bryan has been with the DFSA since 2008 and wishes to be closer to home and family after being away for 25 years. The Board joins me in expressing its gratitude for Bryan’s efforts over the years and in wishing him the very best for the future. He leaves us as a colleague and friend.”

Bryan Stirewalt said: “It has been a privilege to work for the DFSA and to live in Dubai. Throughout the years the reputation of the DFSA as a strong, highly respected and fair regulator has been built from the efforts of the Board, Executive and staff. The DFSA team is second to none. I am grateful to have been part of this effort. I will leave the DFSA with a great appreciation for its work and admiration for its people, and wish it the very best in the future.”

Bryan Stirewalt has served in various functions at the DFSA for more than 12 years, most recently as Chief Executive. As the Chief Executive, Bryan has overall responsibility for the regulation and supervision of some 500 authorized firms including banks, insurers, asset managers and exchanges. He helped drive reforms on the international stage and ensured that the DFSA diligently implemented leading international standards. Of particular note, Bryan has served as the Co-Chair of the Basel Consultative Group and Observer at the Basel Committee on Banking Supervision for more than six years.
The DFSA Board will undertake a global search to recruit a successor and ensure an effective transition.

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