Reported 12 days ago
Qatar has appointed Mohammed Al Sowaidi as the new CEO of its $510 billion sovereign wealth fund, succeeding Mansoor Al Mahmoud. Al Sowaidi, who has been with the fund since 2010 and was previously the chief investment officer for the Americas, is expected to navigate the fund's strategic asset allocation during a critical expansion phase driven by Qatar's rising gas output. The QIA aims to bolster its investments, particularly in the US and Asia, amid a significant increase in global investments from Gulf wealth funds.
Source: YAHOO