Gulf Business

HE ALI SHAREEF AL EMADI

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MINISTER OF FINANCE, QATAR, CHAIRMAN QNB ORIGIN QATAR RESIDENCE QATAR SECTOR FINANCE 2016 RANK 23

After a successful eight years leading Qatar National Bank (QNB) on its journey to become the largest bank in the Middle East and Africa by assets, Al Emadi was appointed the country’s finance minister in 2013. He has since proven his credential­s in both the public and private sectors, as minister and QNB chairman, despite difficult economic conditions. QNB has predicted a 38.9 per cent decline in the country’s deficit this year to $7.8bn but the bank itself posted a 10 per cent rise in net profit for 2016 to $3.4bn. Among his other roles, Al Emadi is deputy chairman of telco Ooredoo.

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