Aamal Company, one of the region’s leading diversified companies, has appointed Rashid Ali al-Mansoori as its new chief executive.
Al-Mansoori takes over as chief executive from Sheikh Mohamed bin Faisal al-Thani, who will continue in his role as Aamal’s managing director and will be focusing on strategic projects.
This transparent segregation of the roles of chief executive and managing director is fully in keeping with Aamal’s ongoing commitment to maintaining the highest standards of corporate governance.
Al-Mansoori has worked extensively in both commercial and government organisations and his considerable experience will add great value to Aamal.
Until recently he was the chief executive of the Qatar Stock Exchange (QSE), where he currently still serves as a board member and a non-executive director of the Qatar Financial Centre (QFC).
He also served on the board of the Qatar Finance and Business Academy and served with distinction as a member of the board of directors of the World Federation of Exchanges, from 2017 to 2021.
Under his leadership, specifically during times of global crises, QSE emerged as one of the leading stock markets in the Middle East and Gulf Co-operation Council region.
"This decision (to appoint al-Mansoori) is in line with Aamal’s ongoing commitment to best practice and the highest professional standards, as demonstrated by our transparency and application of the corporate governance code," Aamal chairman HE Sheikh Faisal bin Qassim al-Thani said.
He said this appointment is also in accordance with the board’s continuity plan to ensure the implementation of its strategic objectives, which have guided Aamal since its establishment.
"I have long admired Aamal’s strength through its diversified business model and the high-quality exposure it provides to Qatar’s growth story, and I now look forward to helping the company build further on its market leading positions as we grow the business for the benefit of all our stakeholders,” al-Mansoori said.
This transparent segregation of the roles of chief executive and managing director is fully in keeping with Aamal’s ongoing commitment to maintaining the highest standards of corporate governance.
Al-Mansoori has worked extensively in both commercial and government organisations and his considerable experience will add great value to Aamal.
Until recently he was the chief executive of the Qatar Stock Exchange (QSE), where he currently still serves as a board member and a non-executive director of the Qatar Financial Centre (QFC).
He also served on the board of the Qatar Finance and Business Academy and served with distinction as a member of the board of directors of the World Federation of Exchanges, from 2017 to 2021.
Under his leadership, specifically during times of global crises, QSE emerged as one of the leading stock markets in the Middle East and Gulf Co-operation Council region.
"This decision (to appoint al-Mansoori) is in line with Aamal’s ongoing commitment to best practice and the highest professional standards, as demonstrated by our transparency and application of the corporate governance code," Aamal chairman HE Sheikh Faisal bin Qassim al-Thani said.
He said this appointment is also in accordance with the board’s continuity plan to ensure the implementation of its strategic objectives, which have guided Aamal since its establishment.
"I have long admired Aamal’s strength through its diversified business model and the high-quality exposure it provides to Qatar’s growth story, and I now look forward to helping the company build further on its market leading positions as we grow the business for the benefit of all our stakeholders,” al-Mansoori said.