Dubai Mercantile Exchange Appoints CEO

Dubai Mercantile Exchange Appoints CEO PR Newswire DUBAI, UAE, June 21, 2012 DUBAI, UAE, June 21, 2012 /PRNewswire/ -- DME (Dubai Mercantile Exchange) the Middle East's leading energy futures exchange and home to the emerging benchmark for crude oil pricing for the East of Suez markets, has today announced the appointment of former BNP Paribas Head of Marketing for Commodity Futures APAC, Christopher Fix, as Chief Executive Officer. Christopher joins the Exchange after more than 20 years in the international commodity markets, having worked with BNP Paribas in New York, Paris and Asia since 1992. He was most recently Head of Marketing for Commodity Futures APAC, based in Singapore, a position he held for three years. During this time Christopher's desk increased its customer base in Asia four-fold, an achievement which led to the desk being named Energy Risk's Energy Broker of the Year, Asia in 2011. DME's Chairman Ahmad Sharaf, said:"I am delighted to announce today that the Board of Directors of DME has appointed Christopher Fix, an exceptional commodities industry expert, as Chief Executive Officer to lead the Exchange forward in its drive to increase volumes and achieve true benchmark status for our flagship DME Oman contract. "When we restructured the DME in February of this year, we signaled our intention to place more emphasis on the increasingly important Asian market.