Indian-origin “Gaurang Desai” appointed CEO of DGCX

Dubai: An Indian-origin Gaurang Desai has been appointed as the new chief executive officer of the Dubai Gold and Commodities Exchange in the UAE.

Gaurang Desai, one of the founding members of the team that setup DGCX in 2005, is ideal to take the Exchange to its next stage of development, the company said in a statement.

Desai was previously chief operating officer of DGCX, before being appointed as acting chief executive officer in August, 2014.