Qatar Picks QIA’s Americas Boss to Run $510 Billion Fund
- Fund is expected to receive billions more in gas revenues
- Al Sowaidi joined in 2010, was most recently Americas CIO
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Qatar named Mohammed Al Sowaidi as the chief executive officer of its $510 billion sovereign wealth fund, which is set to acquire even more financial firepower in coming years.
Al Sowaidi, who joined the fund in 2010, was most recently its chief investment officer for the Americas region and helped establish a US office. He replaces Mansoor Al Mahmoud, who’s led the entity since 2018 — longer than a typical four-year term.