QATAR: The Emir HH Sheikh Tamim bin Hamad Al Thani has restructured the Board of Directors of Qatar Investment Authority …

Doha - Qatar

The Emir H H Sheikh Tamim bin Hamad Al Thani issued yesterday Emiri decisions No. 74 and 75 of 2013, restructuring the Board of Directors of Qatar Investment Authority under the chairmanship of the Emir and appointing Ahmed Mohamed Ahmed Al Sayyed as Chief Executive Officer. The members of the board are:

1. H E Sheikh Abdullah bin Hamad bin Khalifa Al Thani, Vice-Chairman

2. H E Ali Sharif Al Emadi —

member

3. H E Sheikh Ahmed bin Jassim bin Mohammed Al Thani — member

4. H E Sheikh Abdullah bin Saud Al Thani — member

5. H E Dr Hussein Ali Al Abdullah — member

The decision stipulates that membership shall be for three years, renewable for another similar period or other similar periods.

The Emir also issued Emiri Decision No. 72 of 2013, amending some provisions of Emiri Decision No. 37 of 2001 establishing the Supreme Council for Economic Affairs and Investment. The Emir is the Chairman of the council. Other members are:

1. The Prime Minister and Interior Minister: Vice Chairman.

2. The Minister of Energy and Industry: Member.

3. The Minister of Finance: Member.

4. The Minister of Economy and Trade: Member.

5. The Governor of Qatar Central Bank: Member.

6. The Economic Adviser at the Emiri Diwan: Member.

7. The Representative of Qatar Investment Authority: Member.

8. The Representative of Qatar Development Bank: Member.

The decision stipulates that the two bodies referred to in items 7 and 8 shall nominate their representatives on the council and the formation of the council may be amended or new members introduced by an Emiri Decision.

Reported by: Caye Global News, QNA

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