Sunday, 22 November 2009 | 04:54 UAE time
COMPANIES
Qatar National Bank - Qatar
- +163.00 Last
- +0.10 (+0.06%) Today's Change
- 292,058 Volume
- 72.00-163.90 52 Week Range
- +52.60 (+47.64%) 52 Week Change
COMPANY DESCRIPTION
Qatar National Bank, the first commercial bank owned by the nation and the country’s largest, was established in 1964 and has grown to become one of the largest financial institutions in the region.The Qatar Investment Authority owns a 50 percent equity stake in the bank, which has steadily grown to develop among the largest distribution networks in the country.
Qatar National Bank operates 42 branches in the region, 11 of which are dedicated to Islamic finance services.
The bank is rapidly establishing an international presence by acquiring stakes in financial institutions throughout the MENA region, including Tunisia, Algeria, Syria and Iraq. Recently, QNB obtained licences to operate in Sudan and Mauritania.
Net income in the quarter ended March 31 rose 10 percent to $278m on the year. Qatar’s central bank has bought $1.87bn of investment portfolios owned by local banks to protect them against the international financial crisis.
KEY INFORMATION
Industry
Asset Management, Commercial Banks, Investment Banks, Investment Funds
Address
Corniche Street, 1000, Doha, Qatar
T
974 4407407
F
974 4413753
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 1964 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Qatar Investment Authority | companies | 50 | Qatar |
| Qatar Telecom | companies | Qatar |
PORTFOLIO
| Name | Country |
|---|---|
| Commercial Bank International | UAE |
| Al Jazeera Islamic Company | Qatar |
| Amwal | Qatar |
| Ansbacher Company | UK |
| Dlala Brokerage and Investment Holding | Qatar |
| Investment House | Qatar |
| Mansour Bank | Iraq |
| Qatar Capital Partners | Qatar |
| Qatar Electricity and Water Company | Qatar |
| Qatar Insurance Company - Qatar | Qatar |
| Qatar National Bank - Syria | Syria |
| Qatari German Company for Medical Devices | Qatar |
| The Housing Bank for Trade and Finance | Jordan |
| Tunisian Qatari Bank | Tunisia |
| QNB Al Islami | Qatar |
| Commercialbank | Qatar |
| Kuwait - Qatari Company for Ijara and Investment | Qatar |
| Qatar National Bank - Singapore | Singapore |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Yousef Hussain Kamal | Chairman |
| Hamad Bin Faisal Al Thani | Vice Chairman |
| Hamad Bin Jassim Bin Jabor Al Thani | Board Member |
| Jassem Bin Abdulaziz Bin Jassem Bin Hamad Al Thani | Board Member |
| Hamad Bin Abdullah Bin Khalifa Al Thani | Board Member |
| Rashid Misfer Al Hajri | Board Member |
| Ali Hussain Ali Al Sada | Board Member |
| Bader Abdullah Al Darwish | Board Member |
| Fahed Mohammed Fahed Buzwair | Board Member |
| Mansoor Ibrahim Al Mahmoud | Board Member |
| MANAGEMENT | Position |
| Colin Dallas | Assistant General Manager - Wealth Management |
| Salah Salman Al Hail | Assistant General Manager - Special Projects |
| Krishnaswamy Ranganathan | Assistant General Manager - Operations |
| Youssef Mahmoud Al Neama | Assistant General Manager - International Banking |
| Ibrahim Mubarak Al Sulaiti | Assistant General Manager - Business Services |
| Khalil Al Ansari | Assistant General Manager - Human Resources |
| Enrico Estanislao Grino | Executive Manager - Head of Syndicated Loans |
| Hamad Y. Al Nuaimi | Executive Manager - Marketing Communication |
| Hassan Mukayed | Executive Manager - Project Finance |
| Mohammed Moabi | Executive Manager - Economics and Research |
| Amit Desai | Executive Manager - Retail Banking Division |
| Ali Abdulghani | Public Relations Manager |
| Ali Shareef Al Emadi | Chief Executive Officer |
| Mohammed Ali Al Khulaifi | Executive General Manager and Chief Operating Officer |
| Ramzi Marie | General Manager and Chief Financial Officer |
| Ali Ahmad Al Kuwari | General Manager and Chief Business Officer |
| Vince Cook | General Manager - Corporate Banking and Capital Markets |
| Jeffrey Asselstine | General Manager - International Banking |
| Navid Goraya | General Manager - Islamic Banking |
| Douglas Beckett | General Manager - Retail Banking |
| Abdullah Nasser Al Khalifa | General Manager - Retail Assets |
| Ashraf Makram | General Manager - Chief Risk Officer |
| Abdullah Mubarak Al Khalifa | General Manager - Corporate Banking |
| Marwan Maarouf Mahmoud | General Manager - Information Technology |
| Abdullah Abbas Kamal | Assistant General Manager - Private Banking |
| Fahad Abdullah Al Khalifa | Assistant General Manager - Treasury |
| Majid Burhan | Assistant General Manager - Domestic Branches and Retail |
| SHARIA BOARD | Position |
| Youssef Al Qardawi | Chairman |
| Ali Dagi Al Qurah | Vice Chairman |
| Sultan Al Hashimi | Board Member |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Banks Analyst, Dubai, UAE
- Internal Audit Manager, Abu Dhabi, UAE
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- Product Manager, Dubai, UAE
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