The Qatar Foundation has new executive leaders

By Marc Castro

Sep 24, 2013 05:57 AM EDT

In an announcement, the Qatar Foundation introduced its new president, Saad Al Muhannadi. The announcement was made by His Highness Sheikha Moza.

HH Moza said, "In Engineer Saad Al Muhannadi, we could not wish for a more capable president to continue advancing our mission. As one of the funding members of Qatar Foundation, he is steeped in the esteemed traditions of our organization."

Her Highness further added, "It is now 18 years since Qatar Foundation was founded. From humble beginngings it has grown to bcome the world class institution that we see today, spearheading the nation's efforts on our journey towards a knowledge economy."

Also announced by Her Highness is the appointment of Rachid Al Naimi as the new CEO of Qatar Foundation Investments. The said appointments were reported by the Qatar news Agency.

As for the other announcement, Her Highness said, "Throughout his career, including his most recent position as Qatar Foundation's vice president of administration, he has demonstrated he is a natural leader. I have every confidence that he will be a great success in his new position and I wish him the very best."

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