A new person helps, after a bad performance patch, even if the those replaced cannot be faulted.
Ahmad al-Sayed became chief executive of Qatar Holding in October 2008. And it has tried to take advantage of the financial crisis by picking up stakes in Barclays, Credit Suisse, Porsche, Volkswagen and Canary Wharf Group. And now buying the whole of Harrods.
Qatar Holding is the prime vehicle for strategic and direct investments by Qatar and is a division of the Qatar Investment Authority, founded in 2005 to diversify the emirate’s assets away from oil and gas.
Suggestion on how to motivate GIC, Temask staffers