About Dubai Clear

Dubai Clear Management Team

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Fatma Bin Qedad

Position: Vice President – General Manager


Brief: Fatma Bin Qedad began her career working with Dubai Financial Market in 2002.

Biography:

Fatma was appointed to head Dubai Clear LLC as General Manger in April 2020, as a result of Dubai Financial Market restructuring and segregating the post trade activities and the launch of the CCP.

Fatma holds a Bachelor degree in Applied Science in Business Administration from Higher Colleges of Technology – Dubai Women’s College. Through her 18 years’ career, Fatma has escalated the corporate ladder within the CSD; the most significant and critical business function in the DFM group.

Fatma headed the Depository Department from 2008 till early 2020, where she spearheaded a number of successful initiatives improving services provided to main market participants and during which services related to issuers, custody banks and official authorities was fully moved to e service platform the development of Dividend Distribution System was competed.

In her current role she is responsible for:

  • Overseeing daily operations of the organization to achieve efficiency and excellence.
  • Working with the Board to develop CCP operational strategy and create improvement plans to meet the strategic objective.
  • Implementing and reviewing appropriate operational policies and procedures to boost operational effectiveness.
  • Creating reliable internal controls and budgets and monitor adherence to those in line with organisations objectives.
  • Working closely with other internal stakeholders to promote operational efficiency.
  • Develop and build relationship with external stakeholder like CSD, Settlement Banks, Settlement agents, Custodians, Clearing Members and other regulatory bodies.

Division's main functions:

6

Khulood Al Mutawa

Position: Deputy General Manager


Brief: Khulood began her career in 2004 working in DFM as an Executive in CSD Department.

Biography:

She worked for 3 years in that role then was promoted as a Manager and later on Head the Clearing and Settlement Section of Dubai Financial Markets. Khulood has a Master degree in Organizational Excellence from Hamdan Bin Mohammed Smart University and Bachelor degree with distinguished Honors in Electronic Business Management - Dubai Women’s College.

During her tenure she was one of the key player in implementation of the DVP project and also has received a Chairman award for her contribution.

Khulood was appointed as Deputy General Manager and Head of Operations for Dubai Clear LLC in April 2020, as a result of Dubai Financial Market restructuring and segregating the post trade activities and the launch of the CCP.

In her current role she is responsible for:

  • Supervising daily operations of the organisation to achieve efficiency and excellence.
  • Ensuring Settlements are completed on a daily basis without any errors or delays.
  • Supervising team workload effectively in order to meet goals and deadlines.
  • Working with the General Manger operations to operationalize CCP operational strategy and implement improvement plans to meet the strategic objective.
  • Developing relationship with external stakeholder like CSD, Settlement Banks, Settlement agents, Custodians, Clearing Members and other regulatory bodies.

Division's main functions:

Bhuvnesh

Bhuvnesh Sharma

Position: Assistant Vice President – Head of Risk Management


Brief: Bhuvnesh Sharma is presently working with Dubai Financial Market PJSC as Head of Risk Management, responsible for overseeing post-trade services.

Biography:

In his present role, he develops and maintains an enterprise risk management framework for the organization that integrates risk management with the DFM’s strategic objectives. Before joining DFM group, Bhuvnesh has worked with entities like Multi Commodity Exchange of India, National Stock Exchange of India (NSE Group), in his last assignment he was working as Head of Risk at NSE IFSC Clearing Corporation Limited (NICCL), India. Bhuvnesh is a management and engineering graduate and holds Financial Risk Manager (FRM®) certification from the Global Association of Risk Professionals (GARP), USA.

Division's main functions: