The Dubai Multi Commodities Centre Authority (DMCCA) has today announced the appointment of Malcolm Wall Morris, formerly Chief Executive Officer of Dubai Gold & Commodities Exchange (DGCX), as the new Chief Executive Officer of DMCCA. Malcolm Wall Morris replaces Dr. David Rutledge, who is retiring after more than six years of service at DMCCA, including the previous five as Chief Executive Officer.
A commodities expert with over 15 years of professional experience, Malcolm Wall Morris has led DGCX into the next stage in its strategic growth, consolidating its position as the leading derivatives exchange and the preferred platform for executing commodities and currencies business in the Middle East.
Dr. Rutledge has made an enormous contribution to the sustained growth of both DMCCA and DGCX, and his astute professional guidance and gentle nature will be missed. At the same time, DMCCA is extremely pleased to welcome Malcolm Wall Morris as the Centre’s new Chief Executive. Malcolm will provide keen industry insights and will guide DMCCA to the next stage in its ongoing expansion.
As the CEO of DMCCA, the majority shareholder of DGCX, Malcolm Wall Morris will continue to play a key role in the development initiatives of the Exchange. DGCX has a strong team of professionals and experts, in addition to the firm commitment of the Board of DGCX and DMCCA, who are dedicated to take the Exchange to the next stage in its growth.
DMCCA is in the process of identifying a new CEO for the Exchange. We will keep you informed as soon as a decision is reached. In the interim, the DGCX management committee will oversee the management and operations of day-to-day activities of the exchange.