The Qatar Financial Centre Authority (QFC Authority) has appointed Sheikh Salman Bin Hassan Al-Thani as Chief Financial and Tax Officer.
Sheikh Salman Al-Thani was quoted by a press release issued by QFC Authority as saying : "I am honoured to be appointed to this prominent position. The QFC Authority plays a key role in Qatar’s development, contributing particularly to the growth of business and the financial sector. I am looking forward to helping the QFC further strengthen its world-class business environment as a base from which domestic and foreign firms can operate in Qatar and abroad." Shashank Srivastava, Chief Executive Officer of the QFC Authority, said: "We are delighted to welcome Sheikh Salman to the QFC Authority team as Chief Financial and Tax Officer. His considerable experience will be invaluable in building on our success in creating a highly attractive tax environment and robust financial system and ensuring the QFC’s continued progress." Before joining the QFC Authority, Sheikh Salman Al-Thani was Director of Risk Management at the Qatar Central Bank. He also worked for Qatar Petroleum in a variety of roles in the Project Finance Department. Sheikh Salman has a BA degree in Banking and Financial Studies from Qatar University.
Established by the Government of Qatar in 2005, the Qatar Financial Centre ("QFC") is an on-shore centre which has become an integral part of Qatar’s economy and rapid growth story and is fulfilling its mandate to help build a world-class financial and business environment in Qatar, providing a platform for domestic, regional and international growth.
The QFC Authority is the commercial and strategic arm of the QFC. It is responsible for developing and ensuring compliance with the QFC regulations and rules comprising the QFC’s legal and tax environments and it helps firms to quickly establish a physical presence in Qatar and the region. The QFC continues to attract a broad range of leading regulated and non-regulated firms, both domestic and international. QFC-licensed firms benefit from an environment which operates to international standards, with a legal system based on English Common Law, regulation which is risk and principles-based, and a competitive tax regime.