Arabian Business Power 500 2013
Thu 21 Mar 2013 10:28 AM
Ali Shareef Al Emadi

Ali Shareef Al Emadi

Industry: Banking & Finance

Company: Qatar National Bank

Designation: Group CEO

Country: Qatar

Qatar National Bank, which is currently on an expansion spree with a number of high-profile acquisitions, is set to become the first Arab lender with assets exceeding $100bn, according to new data.

Led by Ali Shareef Al Emadi, QNB said last year that it will pay $1.97bn for 77 percent of National Societe Generale Bank, its latest deal in overseas markets. The deal will boost the bank’s assets by 11 percent to about $107bn, more than double their value at the end of 2009.

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