Sun 26 Sep 2010 07:52 AM
Hussain Al Fardan
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Hussain Al Fardan

Industry: Banking & Finance

Designation: CBQ's net profit was down 13 percent in the first half of this year, but coming out $225m in the black is still pretty good going for a bank that hopes to expand its offerings in the months and years to come.

Country: Qatar

Occupation: CBQ's net profit was down 13 percent in the first half of this year, but coming out $225m in the black is still pretty good going for a bank that hopes to expand its offerings in the months and years to come.

$181,305

Commercial Bank of Qatar

Qatar

CBQ's net profit was down 13 percent in the first half of this year, but coming out $225m in the black is still pretty good going for a bank that hopes to expand its offerings in the months and years to come. It currently boasts 24 full service branches, 8 full service Islamic branches, 144 ATMs and 4800 points of sale, but that is expected to rise dramatically. The bank will also be expanding its relatively small workforce - which stands at 1241 - but it's this tight rein on staffing that allows MD Hussain Al Fardan to bring in an impressive $181,305 from each of his employees.