Freshfields Bruckhaus Deringer‘s Dubai office has made a key hire from the emirate’s financial regulator.
Aryan Schoorl will join the magic circle firm’s Dubai outpost as a senior associate from the Dubai Financial Services Authority, where his duties included supervising the Dubai International Financial Exchange. Schoorl also did a stint at the Dutch financial regulator before moving to Dubai.
Freshfields’ Dubai managing partner Bruce Embley said: “I’m very pleased that Aryan will be joining our team in Dubai. His excellent regulatory experience means that he will make an invaluable contribution to the growth and development of our financial services team in the Middle East.”
Freshfields is not new to the tactic of looking to regulators as a hiring pool. In January the firm hired key EU competition regulator Alexander Schaub as a counsel for its Brussels office. Schaub now works alongside Horst Günter Krenzler, who joined Freshfields as special counsel from the European Commission in 1996.
The firm’s London office also hired Simon Priddis from the Office of Fair Trading in October 2006 as a new competition partner.
Dubai was also one area for focus for 2007, as laid out by firm managing partner Ted Burke in an exclusive interview with The Lawyer (18 June).