The Institute of International Finance (IIF) is planning to establish a regional office in Dubai to better serve its members.
As part of the move, IIF has appointed Wolfgang Engel as chief representative officer for the new office.
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In his new role, Engel will be responsible for expanding relationships with members in the region, to identify and address their most important issues from their perspective, and to increase engagement with the official sector.
Currently, Engel serves as director of global membership for IIF in Washington.
Tim Adams, president and CEO of IIF, said: "The Middle East and Africa will play a larger role in the global financial system moving forward and IIF is committed to serving our growing member base.
"Recognizing the region’s increasing influence, we will be opening an office here in Dubai to bolster engagement with our members and the official sector.
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By GlobalData"I’m also pleased Engel is taking on this new responsibility for us. His industry experience and knowledge of IIF’s members and their needs will serve the region well moving forward."
