Qatar’s $450 Billion QIA Gets New Chairman After Cabinet Changes
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Qatar’s ruler appointed Sheikh Bandar bin Mohammed bin Saud Al-Thani as chairman of the Gulf state’s $450 billion sovereign wealth fund after his predecessor was named prime minister.
The change atop the Qatar Investment Authority is unlikely to result in tweaks to the fund’s strategy or its investment appetite. Chief Executive Officer Mansoor bin Ebrahim Al Mahmoud is key to the QIA’s investment policy and remains in his role.