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DGCX appoints new chief

Dubai Gold and Commodities Exchange (DGCX) has appointed Gaurang Desai as its chief executive officer.

As one of the founding members of the team that set-up DGCX in 2005, Desai is ideally positioned to take the exchange to its next stage of development, said a statement.

Gautam Sashittal, chief executive officer of Dubai Multi Commodities Centre and director of DGCX, said: “We are delighted to appoint a key member of the DGCX team to this vital position, providing the company with the confidence that comes with continuity and ensuring DGCX continues the excellent delivery of pioneering products, platforms and services it has become known for.”

Desai was previously the chief operating officer of DGCX, before being appointed as acting chief executive officer in August last year, the statement added. – TradeArabia News Service

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