DOHA: The Qatar Financial Centre (QFC) Authority has announced the appointment of Yousuf Al Jaida as Chief Executive Officer (CEO), effective from July 1, 2015, as the organisation continues to progress its mission of developing Qatar’s private sector.
Announcing the appointment, HE Ali Shareef Al Emadi, Minister of Finance and Chairman of the QFC Authority, said: “Yousuf Al Jaida has been instrumental in the last year in driving forward the QFC’s broadened strategy. I firmly believe he will continue this momentum and ensure the QFC continues to contribute to Qatar’s economic diversification.”
Al Jaida joined the QFC Authority in 2010 and previously served as its Deputy CEO and Chief Strategic and Business Development Officer. He assumes his new role at an exciting time for the organisation, as it enjoys increasing success in attracting both local and international firms who wish to expand their operations within Qatar. The QFC has seen a 25 percent YTD (year-to-date) increase in the number of non-financial sector firms licensed and 30 percent of firms are now Qatari entities.
“Over the last year we have grown considerably and in response to the needs of the national economy have broadened our platform to welcome local and international non-financial service firms. I am honoured and delighted to accept the position of CEO. We will continue to work to facilitate the success of our firms and contribute to the development of Qatar’s private sector.”
The QFC Authority also announced that Sheikh Salman Al Thani has been appointed as Chief Strategic and Business Development Officer, effective immediately.
The minister thanked outgoing CEO, Shashank Srivastava for his valuable contribution and years of service to the QFC.
The Peninsula
