Phillip Thorpe

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Phillip Thorpe
Occupation Chairman and CEO
Employer Qatar Financial Centre Regulatory Authority

Phillip Thorpe is chairman and CEO of the Qatar Financial Centre Regulatory Authority, established to oversee the creation of a financial services center in the energy-rich Gulf state. Thorpe took up the position in March 2005 after holding senior exchange and regulatory positions in Hong Kong, London, Washington DC and Dubai.

Thorpe qualified as a barrister and solicitor in his native New Zealand before moving to Hong Kong to work with the Hong Kong Securities Commission. He was appointed the CEO of the Hong Kong Securities Exchange in October 1987 and then moved to the UK in 1989 as CEO of the Association of Futures Brokers and Dealers. In 1991, he was seconded as CEO of the London Commodity Exchange and in 1993 became CEO of IMRO, which regulated the UK investment management industry. He became a managing director of the Financial Services Authority in 1987.

In 2001, Thorpe became president of the US-based Futures Industry Institute, relocating to Dubai a year later as CEO of the Dubai Financial Services Authority. He worked for two years to develop the regulatory infrastructure which led to the establishment of the Dubai International Financial Centre before being controversially ousted from the position in June 2004.