Mr. King has more than two decades of experience across the energy and finance sector, working for leading companies such as Neste Oy (the national oil and energy company of Finland), Morgan Stanley, and the Emirates National Oil Company. In the private equity sector, he was instrumental in developing the Standard Bank/GIB GCC energy fund, one of the first products of the Dubai International Financial Centre, and most recently was seconded into the Treasury and Commodities joint venture between Macquarie Bank and Abu Dhabi Commercial Bank.
"With Gary's appointment as CEO, we have set a strong foundation to the Dubai Mercantile Exchange, providing diverse and experienced leadership," said Ahmad Sharaf, chairman of the DME. "Gary is well–respected in the energy and finance sectors in the Middle East. He brings extensive experience to the Exchange and has the full support of the DME board of directors and the joint venture partners. He will contribute in making the DME a world class international exchange."
"It is an honor to be appointed the CEO of the DME," said Mr. King. "The DME is unique, in that it is supported by the world's largest physical commodities futures exchange and the leading company in the Arab region. One of our key short–term goals is to build a liquid market that is secure and transparent for regional and international companies."
Mr. King is a graduate of the University of London with a bachelor of science degree in petroleum exploration geology and a masters of science degree in D.I.C in petroleum exploration geology.