Board of Directors

Ahmed Bin Sulayem, Chairman

Ahmed Bin Sulayem, Chairman

Ahmed Bin Sulayem has been on the board of directors of DGCX since inception, and took charge as the new DGCX chairman on November 2007. The appointment of Ahmed Bin Sulayem adds momentum to the strategic growth plans of DGCX, which has witnessed remarkable growth right from its inception, both in terms of volumes traded as well as total revenue.

As the Executive Chairman of DMCC, he has spearheaded the success of DMCC in Dubai’s commodity market. Prior to joining DMCC in 2002, Ahmed was a director in ASTECO, one of the largest property management companies in Dubai.


Feryal Ahmadi, Director

Feryal Ahmadi, Director

In her position as Chief Operating Officer for the DMCC, Feryal oversees the company’s corporate governance and sustainability initiatives and drives its vision to remain the authority on international commodities trade and enterprise.

Feryal is also responsible for DMCC’s ‘Smart District’ strategy and leads all corporate divisions including Human Resources, Information Technology, Marketing and Communications, Procurement, Legal and Compliance.

Presiding over a successful transformation project in 2013 that significantly enhanced DMCC operations and its customer journey experience, Feryal leads the wider operational team tasked with growing the world’s leading free zone. Through long-term strategic planning and continuous strive for innovation and excellence, she has been one of the fundamental pillars behind DMCC achieving its international status and recognition today.

In addition, Feryal serves as an official spokesperson for DMCC in national and international media, continuously working to strengthen and increase the organization’s global positioning.

Feryal earned an Executive MBA from Harvard University and a Bachelor of Science degree in Computer Science from the American University in Sharjah.


Jignesh Sanghvi, Director

Jignesh Sanghvi, Director

Jignesh Sanghvi, DMCC’s Director joined the organisation over 10 years ago as business analyst.

Since then Jignesh has been instrumental in transforming the organisation – whether it meant successfully navigating through choppy waters during the global recession – or more recently digitalising the business to ensure DMCC’s employees and customers can operate as efficiently as possible.

With over 14 years of industry experience Jignesh is responsible for financial strategy and corporate governance, with a core objective to cement DMCC’s position as the global hub for commodities trade and enterprise. Strategic planning, strong financial leadership combined with maintaining the highest level of corporate governance are key drivers to succeed in this field.

Graduating with a bachelor’s degree in commerce from Gujarat University, Jignesh is a registered chartered accountant in India, United Kingdom and the United Arab Emirates. He also received his postgraduate diploma in business administration with a specialisation in finance from Symbiosis Pune in 2007.

The award-winning CFO also took on the role of Company Secretary on DMCC’s Advisory Committee in 2015.


Tariq Bin Hendi, Independent Director

Tariq Bin Hendi, Independent Director

Tariq Bin Hendi is currently an Executive Vice President and the Head of Wealth Products & Advisory at Emirates NBD Group, having previously served as the CEO of Emirates NBD Asset Management. He has almost two decades of experience, primarily focused on asset management, private equity and investment banking. Prior to his current role, Tariq held various roles at Commercial Bank of Dubai, Mubadala, Citigroup, Dubai Holding, Delta Airlines and UPS. He is currently a board member of the publicly listed entities ENBD REIT (NASDAQ) and AXA Green Crescent (ADX), having previously served on the Board of Aramex. He holds a PhD in Economics from Imperial College London (UK) as well as MBA and bachelor degrees from Columbia University (USA), London Business School (UK), and Clayton State University (USA) and is a YPO member.


Muhannad Al-Ashram, Independent Director

Muhannad Al-Ashram, Independent Director

Muhannad holds a position of Executive Director with Al Ashram Investments, that he established as a family office in 2006.

Over the tenure of his career, he has served on Boards within the private sector, public companies and a government authority. His experience holds cross sectorial exposure in real estate, construction, services, manufacturing and logistics. He has served as an independent Board Director with JAFZA, Dubai Refreshments, United Foods and Barloworld Logistics ME.

In all his current roles, he focuses on strategy building and rollout with an emphasis on business development that contributes to the organizations value.

He carries a BBA from the American University of Dubai.