Qatar’s leading investment bank, QInvest, has announced the appointment of Nasser Abdullah Al Mahmoud as the new director of the investment banking team as part of its regional expansion plans.

Prior to joining QInvest, Nasser worked at QNB Capital as director and was chiefly responsible for coverage in Qatar as well as managing debt and project finance deals.

He also has previous experience in mergers & acquisition, oil and gas, with Barclays Capital in London and, additionally, undertook a role with the team covering the Mena bonds market from London.

He also held the position of Islamic Corporate Banking head at QNB Al Islami.

Commenting on his appointment, CEO Tamim Hamad Al-Kawari said, “His experience and knowledge will strengthen our capabilities in the investment banking capacity. We are very excited about the continuing growth of financial services in the region and abroad; and we look forward to continually work alongside our clients and be their advisor and financier of choice.”

On his appointment, Al Mahmoud said, “I am impressed by QInvest’s brand name as a main player in the regional investment banking industry. I see tremendous potential for the firm in the growing regional banking market."

A BSEE degree holder in Electrical Engineering from George Washington University (US), and a Masters in Project Management from University of Houston, Nasser was earlier a lead electrical engineer with Qatar Gas.

Al Mahmoud’s appointment complements QInvest’s strategic direction to keep the flow of deal activity across the main lines of business and hence maintain the firm’s league tables ranking, Al-Kawari added.-TradeArabia News Service