Amir Announces New Leadership for Qatar Development Bank Board

Doha, Qatar – February 12, 2025: His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of Qatar, issued Amiri Decision No. 6 of 2025, announcing the restructuring of the Board of Directors of Qatar Development Bank (QDB). This strategic move is aimed at strengthening the bank’s leadership and enhancing its role in supporting Qatar’s economic development.  

The new board will be chaired by the Minister of Finance, with the Minister of Commerce and Industry serving as Vice Chairman. The decision also appoints prominent officials and industry experts as board members, reflecting a diverse blend of government representation and experienced professionals from the private sector.  

Newly Constituted Board Members:

• Secretary-General of the National Planning Council
• Undersecretary of the Ministry of Commerce and Industry
• Dr. Saud Abdullah Hamad Al-Attiyah
• Abdulaziz Ismail Al-Ansari
• Ashraf Abdul Rahim Abu Issa
• Mohammed Abdulaziz Al-Dulaimi

The decision underscores the government’s commitment to ensuring that QDB remains a key driver of Qatar’s development strategy, particularly in promoting small and medium enterprises (SMEs) and promoting a diversified, knowledge-based economy.  

Qatar Development Bank plays a pivotal role in supporting entrepreneurs and businesses through various financing and advisory services. With the restructured board, QDB is expected to continue its efforts to provide innovative solutions, expand its reach, and contribute to Qatar’s Vision 2030.  

A Commitment to Innovation and Economic Growth

The restructured board comes at a time when Qatar is accelerating its national development agenda. The newly appointed leadership is tasked with reinforcing QDB’s position as a catalyst for innovation and business growth. By promoting closer collaboration between key ministries and private sector leaders, the bank aims to better respond to market needs and strengthen Qatar’s competitiveness on the global stage.  

Immediate Implementation and Official Publication

The Amiri decision is effective immediately from the date of issuance and will be published in the official gazette. This formalizes the appointments and sets the stage for the newly restructured board to begin its work without delay.  

Observers expect that the reconstitution of the board will enhance strategic decision-making at QDB and bring fresh perspectives to its operations, further empowering the bank to meet its goals and support Qatar’s ongoing economic transformation.