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Dubai's DFSA appoints former UK FCA executive Mark Steward as CEO

Published by Global Banking & Finance Review

Posted on February 25, 2025

1 min read

· Last updated: January 25, 2026

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DUBAI (Reuters) - The Dubai Financial Services Authority (DFSA) said on Tuesday it has appointed Mark Steward as its CEO for a three year term effective May 19, 2025. Steward, who stepped down as the

Dubai's DFSA Names Mark Steward as New CEO in 2025

DUBAI (Reuters) - The Dubai Financial Services Authority (DFSA) said on Tuesday it has appointed Mark Steward as its CEO for a three year term effective May 19, 2025.

Steward, who stepped down as the executive director of Enforcement and Market Oversight at UK's Financial Conduct Authority (FCA) in 2023, will replace Ian Johnston.

The DFSA is the financial services regulator of the Dubai International Financial Centre (DIFC). Its mandate includes asset management, banking and credit services and commodities futures trading among others.

(Reporting by Abinaya Vijayaraghavan; Editing by Louise Heavens)

Key Takeaways

  • Mark Steward appointed as DFSA CEO for a three-year term.
  • Steward was previously with the UK's FCA.
  • Ian Johnston will be replaced by Steward.
  • DFSA regulates the Dubai International Financial Centre.
  • The appointment is effective May 19, 2025.

Frequently Asked Questions

What is the main topic?
The article discusses the appointment of Mark Steward as the new CEO of Dubai's DFSA, effective May 2025.
Who is Mark Steward?
Mark Steward is the former executive director of Enforcement and Market Oversight at the UK's FCA.
What is the DFSA?
The DFSA is the financial services regulator of the Dubai International Financial Centre.

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