Posted on March 22, 2014

The First Investor (TFI), Barwa Bank Group's 100% owned investment banking subsidiary, today announced that its Board of Directors has appointed Mr. Yousef Ali Al Obaidan in the capacity of Acting Chief Executive Officer of TFI.

Yousef Ali Al Obaidan, TFI 1 [].jpg"We are once again proud that we were able to identify a candidate from the group for such leadership role, another indication of the strength of the executive management team we have. The selection of Yousef for this role is once again a demonstration of our support to the development of Qatari talent and Qatarization across all levels throughout the Barwa Bank group” said HE Sheikh Mohammed bin Hamad bin Jassim Al-Thani, Chairman and Managing Director.

Since joining TFI in 2007, Yousef has spearheaded the company’s Investment Banking activities including and not limited to equity capital raisings, financial advisory, mergers & acquisitions advisory and transactions. During his tenure overseeing TFI’s investment banking team, the company has offered unique investment propositions to TFI’s client and investor base. 

Yousef brings with him a considerable experience and exceptional local market knowledge gained at Qatari business circles. He has been leading investment banking initiatives targeting investment opportunities through originating and successfully overseeing the establishment of several projects and companies in Qatar. Such initiations included the establishment of SMEET, a premier ready-mix and building materials company in Qatar, the private placement and foundation processes of First Leasing Company (Qatar), and Emdad Holding Company (Qatar).  Since the establishment of Emdad, Yousef has been actively involved in promoting the business as Chairman of the Board.

Yousef graduated with a Bachelor of Arts in Finance and a Master of Arts in Integrated Marketing & Communications from the California State University. Yousef worked at Qatar Petrochemical Company as Head of Customer Finance and was responsible for overseeing customer credit facility management, related credit limit approvals and risk monitoring.