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Sunday, 22 November 2009 | 04:54 UAE time

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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
As of 19 Nov 2009 09:29 GMT (Market Closed)

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

ccsupport@qnb.com.qa

W

www.qnb.com.qa

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 1964 -

MAJOR SHAREHOLDERS

NameCountry
Qatar Investment Authoritycompanies50Qatar
Qatar TelecomcompaniesQatar

PORTFOLIO

NameCountry
Commercial Bank InternationalUAE
Al Jazeera Islamic CompanyQatar
AmwalQatar
Ansbacher CompanyUK
Dlala Brokerage and Investment HoldingQatar
Investment HouseQatar
Mansour BankIraq
Qatar Capital PartnersQatar
Qatar Electricity and Water CompanyQatar
Qatar Insurance Company - QatarQatar
Qatar National Bank - SyriaSyria
Qatari German Company for Medical DevicesQatar
The Housing Bank for Trade and FinanceJordan
Tunisian Qatari BankTunisia
QNB Al IslamiQatar
CommercialbankQatar
Kuwait - Qatari Company for Ijara and InvestmentQatar
Qatar National Bank - SingaporeSingapore

OFFICERS

BOARD OF DIRECTORSPosition
Yousef Hussain KamalChairman
Hamad Bin Faisal Al ThaniVice Chairman
Hamad Bin Jassim Bin Jabor Al ThaniBoard Member
Jassem Bin Abdulaziz Bin Jassem Bin Hamad Al ThaniBoard Member
Hamad Bin Abdullah Bin Khalifa Al ThaniBoard Member
Rashid Misfer Al HajriBoard Member
Ali Hussain Ali Al SadaBoard Member
Bader Abdullah Al DarwishBoard Member
Fahed Mohammed Fahed BuzwairBoard Member
Mansoor Ibrahim Al MahmoudBoard Member
MANAGEMENTPosition
Colin DallasAssistant General Manager - Wealth Management
Salah Salman Al HailAssistant General Manager - Special Projects
Krishnaswamy RanganathanAssistant General Manager - Operations
Youssef Mahmoud Al NeamaAssistant General Manager - International Banking
Ibrahim Mubarak Al SulaitiAssistant General Manager - Business Services
Khalil Al AnsariAssistant General Manager - Human Resources
Enrico Estanislao GrinoExecutive Manager - Head of Syndicated Loans
Hamad Y. Al NuaimiExecutive Manager - Marketing Communication
Hassan MukayedExecutive Manager - Project Finance
Mohammed MoabiExecutive Manager - Economics and Research
Amit DesaiExecutive Manager - Retail Banking Division
Ali AbdulghaniPublic Relations Manager
Ali Shareef Al EmadiChief Executive Officer
Mohammed Ali Al KhulaifiExecutive General Manager and Chief Operating Officer
Ramzi MarieGeneral Manager and Chief Financial Officer
Ali Ahmad Al KuwariGeneral Manager and Chief Business Officer
Vince CookGeneral Manager - Corporate Banking and Capital Markets
Jeffrey AsselstineGeneral Manager - International Banking
Navid GorayaGeneral Manager - Islamic Banking
Douglas BeckettGeneral Manager - Retail Banking
Abdullah Nasser Al KhalifaGeneral Manager - Retail Assets
Ashraf MakramGeneral Manager - Chief Risk Officer
Abdullah Mubarak Al KhalifaGeneral Manager - Corporate Banking
Marwan Maarouf MahmoudGeneral Manager - Information Technology
Abdullah Abbas KamalAssistant General Manager - Private Banking
Fahad Abdullah Al KhalifaAssistant General Manager - Treasury
Majid BurhanAssistant General Manager - Domestic Branches and Retail
SHARIA BOARDPosition
Youssef Al QardawiChairman
Ali Dagi Al QurahVice Chairman
Sultan Al HashimiBoard Member

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