News & Events

DME Appoints Head of Products and Services Asia
Tuesday, March 12, 2013

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has announced the appointment of Michelle Zhang as Head of Products and Services, Asia.

Ms Zhang joined DME’s Singapore office on 4th March 2013, following its launch in November 2012. She will be responsible for the planning and implementation of DME’s business strategy, including increasing trading volume, facilitating distribution of DME Oman-linked Contracts and further expanding the company's presence in Asia Pacific.

She joins from CME Group, where she held the position of Senior Manager. Before that, Ms Zhang worked for Sumitomo Mitsui Banking Corporation, Mizuho Corporate Bank and Keppel Energy. She speaks fluent Mandarin.

DME's Chief Executive, Christopher Fix, comments on the appointment of Ms Zhang:
"The addition of Michelle Zhang to DME’s recently launched office in Singapore further enhances our ability to serve our members in Asia, and helps consolidate our position in the market.  DME reached a major milestone of 4 million lots traded in February 2013. The milestone recognizes the trend of strong trading growth on the Exchange, fuelled by Asia’s increasing demand for energy and DME’s growing base of participants across the region. With Michelle’s help, we will continue to reach new milestones.”

Michelle Zhang says on her appointment: "The DME’s growth lies in Asia and there are tremendous opportunities ahead to drive the business forward. I am excited to join the DME, and look forward to working with the team and contributing to its growth and success in Asia.”

For more information, please contact:

Heather Astbury, Director Corporate Communications at DME on or +971 50 6523754

Walid Majzoub at TRACCS (PR agency) on or +971 4 3672530