George Shehadeh appointed CEO of AMWAL |
|
Share With Members!
Doha, March 09, 2009: AmwalAmwal
, the leading investment banking and asset management firm in Qatar has appointed George Shehadeh as Chief Executive Officer. Mr. Shehadeh will be responsible for the continued development and implementation of AmwalAmwal's principal objective of building a world class, Qatar-centric investment banking and asset management firm to participate in and promote the country's economic development and Doha's development as a leading regional asset management centre. Bringing 18 years of investment management experience across developed and emerging markets, George Shehadeh will lead AmwalAmwal to develop and capitalize on the significant investment opportunities within Qatar and its neighboring emerging markets to continue providing its institutional and high net worth clients with world class financial solutions.
Sheikha Hanadi Nasser Bin Khaled Al Thani, Amwal Founder and Chairperson commented on the appointment saying: "We are extremely delighted to have someone of Mr Shehadeh's caliber at the helm of AmwalAmwal. Having served diligently on the Board of AmwalAmwal for two years, he is very well positioned to lead the company and to develop and execute its strategic plans. We look forward to working with him to expand our investment platform and to strengthen our position further across our businesses."
Following his appointment, Shehadeh said: " I am honored to have been asked to become the CEO of AmwalAmwal. While the current environment for investment banking and asset management is very challenging, it also presents outstanding opportunities for well managed and focused firms. I believe that AmwalAmwal is exceptionally well positioned to develop a premier investment management platform for long term domestic and international investors. I look forward to working with all of AmwalAmwal's stakeholders and guide the company to a prosperous future."
Prior to joining AmwalAmwal, Mr. Shehadeh was Managing Director of Principal Investments at SHUAA Capital in Dubai where he was responsible of the company's proprietary investments within the region and globally.
He was also a member of the Board of Directors of AmwalAmwal since 2007 and SHUAA Capital Saudi ArabiaSHUAA Capital Saudi Arabia J.S.C, a company regulated by the Capital Markets Authority in Saudi Arabia.
Prior to joining SHUAA in 2005, Mr. Shehadeh co-founded and acted as CEO of Intrinsic Asset Management, managing both traditional and alternative investment funds since 1999.
Prior to that, he was a fund manager with Merrill Lynch Investment Managers (now a part of BlackRock, Inc.), a provider of global investment management services based in London where he was part of a small team responsible for managing in excess of $25 billion in institutional pension funds.
Mr. Shehadeh began his professional career in 1991 in London with Coast Investments & Development Company, covering private equity investments in Europe. Mr. Shehadeh has a Bachelor of Science degree in Economics from University College London.
-Ends-
About Amwal
Founded in 1998, AmwalAmwal is the first investment company to be licensed by the Central Bank of Qatar operating in two lines of business; investment banking and asset management. The firm has launched the first investment portfolio and the first mutual fund investing in the Doha Securities Market and underwrote the first non-Qatari Initial Public Offering in the country. AmwalAmwal has one of the largest investment teams in Qatar, employing a growing team of talented professionals. The firm benefits from a strong shareholder base comprising of Shuaa Capital, Qatar Foundation, Qatar National Bank, Qatar Navigation and prominent Qatari individual shareholders.
For further information, please contact:
Angie Dakroury
Head of Corporate Communications
Tel: +974 4527503
Email: adakroury@amwalqa.com
Areej Allan
Asst. Manager Corporate Communications
Tel: +974 4527504
Fax: +974 4117426
Email: aallan@amwalqa.com
Amwal
Doha,
Qatar
www.amwalqa.com
© Press Release 2009
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Comment on this article 
Loading ...-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Stories
Companies
| Company Name | Country | Industry |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Zuhair Fayez Partnership Consultants | Saudi Arabia | Construction and Design |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Saudi Electricity Company | Saudi Arabia | Electric Utilities |
| Saudi Telecom | Saudi Arabia | Telecommunications Services |
| Barwa Real Estate Company | Qatar | Landlords and Developers |
| Abu Dhabi Oil Refining Company | UAE | Oil |
| Ministry of Health - Kuwait | Kuwait | Ministries and Municipalities |
| Dubai Electricity and Water Authority | UAE | Electric Utilities |
| Qatar General Electricity and Water Corporation | Qatar | Electric Utilities |
Projects
| Project Name | Country | Sector |
| ENEC - Nuclear Power Plant | UAE | Power and Water |
| Abu Dhabi DOT - Abu Dhabi Metro | UAE | Infrastructure |
| Takreer - Ruwais Refinery Expansion | UAE | Oil and Gas |
| Aramco/Dow Chemical - Ras Tanura Integrated Refinery and Petrochemicals Complex | Saudi Arabia | Oil and Gas |
| SATORP - Jubail Refinery and Petrochemical Complex | Saudi Arabia | Oil and Gas |
| Abu Dhabi Ports Company - Khalifa Port and Industrial Zone (KPIZ) | UAE | Infrastructure |
| Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 | UAE | Industry |
| Dubai RTA - Dubai Metro | UAE | Infrastructure |
| ADNOC/ConocoPhillips - Sour Gas Fields Development - Shah Field | UAE | Oil and Gas |
| Dubai Racing Club - Meydan City - Meydan Racecourse | UAE | Real Estate |