Tamim Al Kawari Quits Goldman Sachs to Join Qatar’s Qinvest

Tamim Al Kawari said he left as head of Goldman Sachs Group Inc.’s Qatar office to join Qinvest as the Qatari company’s deputy chief executive officer.

Al Kawari didn’t say when the transfer occurred in a telephone interview from the Qatari capital Doha today.

Al Kawari joins Qinvest, which counts Qatar Islamic Bank (QIBK) as its biggest shareholder, as it seeks to form a joint venture with Cairo-based EFG-Hermes Holding SAE in which the Qatari investment bank will hold a 60 percent stake.

Qinvest is also advising Barwa Bank on a share listing and recently helped manage Qatar Islamic’s $750 million Sukuk sale.

To contact the reporter on this story: Robert Tuttle in Doha at rtuttle@bloomberg.net

To contact the editor responsible for this story: Riad Hamade at rhamade@bloomberg.net