Qatar replaces head of $300b fund | GulfNews.com:
"The Qatar Investment Authority, which manages as much as $300 billion (Dh1.1 trillion) including significant stakes in Barclays, Credit Suisse and London department store Harrods, has appointed a member of the Qatari royal family to replace its chief executive.
Shaikh Abdullah Bin Mohammad Bin Saud Al Thani will take over from Ahmad Al Sayed as the new head of one of the world’s most powerful sovereign wealth funds, according to the Qatar News Agency.
The change comes only a year after Al Sayed took up the role in the days after Shaikh Hamad Bin Khalifa Al Thani passed the reins of power of the Gulf country to his son Shaikh Tamim Bin Hamad Al Thani."
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