Last year the Dubai Financial Services Authority set out actions for the (re)insurance sector to consider implementing to contribute to global sustainability efforts. The spotlight this year will be on the UAE as the host for COP-28 in November. Ian Johnston, the Chief Executive of the DFSA, will highlight new and emerging sustainability global best practices and discuss how the UAE market participants can continue the path of sustaining sustainability.
Mr. Ian Johnston, Chief Executive, Dubai Financial Services Authority (DFSA), will set out the key trends we see at the DFSA and their potential implications for the market including how technology and artificial intelligence continue to enable new innovations in financial services.
Mr Ian Johnston
Chief Executive, DFSA (Dubai Financial Services Authority)
Mr. Ian Johnston was appointed as Chief Executive of the DFSA in September 2022. He previously served as the DFSA’s Chief Executive from 2012-2018.
From 2018 until his recent reappointment Mr Johnston provided advice and consultancy to a number of regulatory bodies in the Middle East, Europe and Asia, including on projects funded by the World Bank and the EBRD. He was appointed as a member of the DFSA’s Legislative Committee in 2021. Originally a lawyer, Mr Johnston spent several years in the private sector. He held a number of senior positions within the financial sector and was the CEO of one of Australia’s major trustee companies.
In 1999, Mr Johnston moved into regulation joining the Australian Securities and Investments Commission where he became Executive Director, Financial Services Regulation, and spent several terms as an Acting Commissioner. In 2005, he took up a position as a Special Advisor with the Hong Kong Securities and Futures Commission.
Mr Johnston is currently on the board of IOSCO. He is a past Chairman of the Joint Forum, which comprised representatives of the major international regulatory standard-setters (IOSCO, IAIS and the Basel Committee). He was elected to the Steering Group of IOSCO’s Growth and Emerging Markets Committee and was a member of the Financial Stability and Technical Committee of the IAIS, the global standard-setting body for insurance regulation. Mr Johnston was a member of the Board of Directors of the Financial Planning Standards Board from 2011 – 2016.