Q Life Magazine Q Magazine December 2017 | Page 37

Becoming a global player | | Qatar Investment Authority During this period, flagship investments were made in entities such as Volkswagen, Barclays, Credit Suisse, and Harrods, building an impressive global portfolio and establishing QIA as a world-class investment institution. The Next Phase Under the leadership of HE Sheikh Abdulla Bin Mohammed Bin Saud Al-Thani, who was appointed CEO in December 2014, QIA has evolved its strategy to better meet a changing world characterised by geopolitical instability, higher uncertainty, and technology disruptions. The past decade has been one of almost unmatched growth and development for the State of Qatar. Recognising the incredible opportunities that Qatar’s energy reserves offer, but also understanding that these are ultimately finite resources, the country has used the funds generated by these resources to invest in Qatar’s most valuable and sustainable asset – its people. QIA has a clear and defined role in Qatar’s diversification process, both through its role as a shareholder in leading international companies, and as an organisation that is driving the development of a world-class knowledge-based national economy. QIA is broadening its investment approach, distributing the risks of its international portfolio, supporting the diversification of Qatar’s economy, and always seeking ways to create and sustain long-term value for the State of Qatar and its future generations. 37