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Draft:Nasser Ahmad Al Shaibi

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Mr Al Shaibi heading the 13th Meeting of Heads of GCC Financial Markets Regulators’ Committee
Nasser Ahmad Al Shaibi
NationalityQatari
OccupationFormer CEO of Qatar Financial Markets Authority (QFMA)

Nasser Ahmad Al Shaibi is a prominent Qatari executive, who served as the CEO of the Qatar Financial Markets Authority (QFMA) until 2023. Under his leadership, the QFMA aimed to improve and regulate the financial markets in Qatar, ensuring transparency and efficiency in market operations.

Early Life and Education

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Nasser Ahmad Al Shaibi was born in Qatar. He holds a degree in Business Administration and Finance from Qatar University, and later pursued advanced financial management studies at renowned international institutions.

Career

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Al Shaibi began his career in accounting and auditing at Qatargas, where he worked from 1993 to 1998. After several years at the Doha Securities Market (now the Qatar Exchange), he became part of the steering committee responsible for overseeing the establishment of the QFMA in 2005. He served as deputy CEO and acting CEO from January 2006 until May 2009, when he was appointed CEO. He held this position until 2023.[1]

In March 2012, Al Shaibi was appointed to the board of the Qatar Financial Centre Regulatory Authority.[2] Throughout his career, he has been part of several government steering committees, tackling issues such as money laundering, investment funds, and various legal matters.

Under Al Shaibi's leadership, the QFMA has been involved in formulating rules for Qatari firms to start listing bonds and sukuk on the Qatar Exchange, and allowing for them to be traded in the secondary market.[3]

Achievements

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Under Al Shaibi's leadership, the QFMA:

  • Implemented comprehensive regulatory frameworks that enhance market transparency and protect investors.
  • Fostered international cooperation with other financial regulatory authorities.
  • Promoted Qatar as a favorable destination for foreign investments.
  • Introduced innovative financial products and services in the Qatari market.

Contributions to the Financial Sector

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Al Shaibi is known for his contributions to the financial sector both within Qatar and internationally. He has been involved in numerous initiatives aimed at improving financial literacy and market accessibility. His efforts have been recognized through various awards and accolades from industry peers and regulatory bodies.

Personal Life

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Nasser Ahmad Al Shaibi is known for his commitment to community service and philanthropy. He actively participates in various social and economic development projects in Qatar.

References

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  1. ^ "Nasser Ahmed al-Shaibi". MEED. Retrieved 17 July 2023.
  2. ^ "QFCRA Annual Report 2015". QFCRA. Retrieved 17 July 2023.
  3. ^ "CEO Message". QFMA. Retrieved 17 July 2023.
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