Thursday 28 June 2012

Qatar iron man faces off with Glencore | Reuters

Ahmad al-Sayed, the Qatari investment manager holding the fate of Glencore's (GLEN.L) $26 billion takeover of Xstrata (XTA.L) in his hands, is known as an aggressive negotiator who relishes the big deal.

The lawyer was formerly general counsel at Qatar Investment Authority (QIA), the sovereign wealth fund of the gas-rich Gulf state, before taking the helm as chief executive of Qatar Holding in 2008.

Well-liked and trusted by Sheikh Hamad bin Jassim al-Thani, the Qatari prime minister who is also chief executive of QIA and chairman of Qatar Holding, he has significant influence at the top level where decisions are made.

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