DOHA: The Russian Direct Investment Fund (RDIF) has appointed three new members, including Ahmad Al Sayed, CEO, Qatar Investment Authority, to the fund’s International Advisory Board.
The other two new members are Gao Xiqing, President of the China Investment Corporation (CIC) and Khaldoon Khalifa Al Mubarak, CEO of Mubadala Development Company.
Prior to his assignment to the Qatar Investment Authority, Ahmad Al Sayed worked as the Managing Director and Chief Executive Officer at Qatar Holding LLC.
Al Sayed has been the Vice Chairman of Qatar Exchange since June 2009.
He has been a Member of the Board of Canary Wharf Group plc since December, 2009, RDFI said in a statement sent from Moscow yesterday. RDIF was established in June 2011 to make equity investments primarily in the Russian Federation.
RDIF’s management company is a 100 percent subsidiary of Vnesheconombank.
In each investment it makes, RDIF is mandated to secure co-investment that as a minimum matches its commitment, thus acting as a catalyst for direct investment into the Russian economy. The Peninsula
