Yusuf Bin Ahmed Kanoo Group (YBA Kanoo), one of the largest family conglomerates in the Middle East, has announced the appointment of Jeffrey Singer as the new group chief executive officer (CEO).

Singer previously held the position of independent board director at YBA Kanoo. He assumed the new role last month.

Singer will oversee the group portfolio of companies as well as the Shared Services Division. He will focus on the overall performance of the group’s businesses and the development and implementation of long-term strategies.

Khalid Mohamed Kanoo, chairman of YBA Kanoo Group, commented: “We are confident that Mr Singer will be adding great value to our business due to his vast knowledge, experience and impressive record in leading global and regional institutions.”

Singer held positions as CEO of Dubai International Financial Centre Authority (DIFCA) and CEO of Nasdaq Dubai. Prior to his move to the Arabian Gulf, Singer was senior vice president of The Nasdaq Stock Exchange in New York.