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DGCX Chief Executive Officer steps down due to ill health [CPI Financial]
[October 19, 2014]

DGCX Chief Executive Officer steps down due to ill health [CPI Financial]


(CPI Financial Via Acquire Media NewsEdge) The board of directors of the Dubai Gold and Commodities Exchange (DGCX) has announced that Gary Anderson, Chief Executive Officer, has stepped down from his role due to ill health. Gaurang Desai, Chief Operating Officer, has been appointed as interim CEO.



Desai has served as the Chief Operating Officer of DGCX since its inception in 2005. A derivatives market specialist, Gaurang has over 18 years' experience in handling variety of roles.

Prior to this engagement, he was involved in market development initiatives in areas such as Commodities, Equities, Securities depository and B2B online marketplaces with the National Stock Exchange of India, National Commodity & Derivatives Exchange and Reliance Group.


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