THE REGULATORY AUTHORITY BOARD

The Board of Directors of the QFC Regulatory Authority comprises seven members.

  
Biography
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H.E. Sheikh Abdulla Bin Saoud Al-Thani
Qatar Central Bank Governor

Chairman of the Qatar Financial Centre Regulatory Authority 

His Excellency Sheikh Abdulla Bin Saoud Al-Thani was appointed Governor of Qatar Central Bank in May 2006, having started his career in the Bank in 1981. He was Deputy Governor (1990-2001) and subsequently left to serve as Chairman of the State Audit Bureau (2001-2006), before assuming his current position.
 
His Excellency was appointed as Chairman of the Board of Directors of the QFC Regulatory Authority in March 2012. His Excellency is also Chairman of Qatar’s Financial Stability and Risk Control Committee. He is a Board member of the Qatar Investment Authority and a member of the Supreme Council for Economic Affairs and Investment.
 
He has served as Chairman of the Board and Director of the Qatar Financial Markets Authority (2012-2018), Chairman of the Board of Directors of Qatar Development Bank (2006-2018), Chairman of the Board of Directors of the Gulf Monetary Council (2014), and Chairman of the Governors of the GCC Monetary Agencies and Central Banks Committee (2015). He was appointed as Chairman of the Islamic Financial Services Board (2013) as well as Chairman of the International Islamic Liquidity Management Corporation until December 2013, and is currently a member of both institutions.  
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H.E. Sheikh Mohammed Bin Hamad Bin Qassim Al-Abdullah Al-Thani

Deputy Governor of the Qatar Central Bank

Deputy Chairman of the Qatar Financial Centre Regulatory Authority

His Excellency Sheikh Mohammed Bin Hamad Al-Thani was appointed Deputy Governor and Vice-Chairman of the Qatar Central Bank in March 2018. In April 2018, Sheikh Mohammed was appointed Deputy Chairman of the QFC Regulatory Authority and later that year, Chairman of the Board of Directors of the Qatar Financial Markets Authority. Since 2019, he has served as Deputy Chairman of the Board of Directors of Qatar Development Bank.
 
Prior to his March 2018 Qatar Central Bank appointment, Sheikh Mohammed held a range of senior roles there, including Director of the Risk Management Department until 2012. Following that, for five years, he held the role of Secretary of the Personal Representative of His Highness the Amir for follow-up affairs.
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Mr Michael Ryan
Board Member
 
Mr Ryan is the Chief Executive Officer of the Regulatory Authority. Mr Ryan joined the Regulatory Authority in 2009 from Bank of America Merrill Lynch where he served in a number of senior management positions in London and Dublin, including as Chief Executive Officer of Merrill Lynch International Bank Limited and Country Executive for Bank of America Merrill Lynch in Ireland. Prior to joining Merrill Lynch, Mr Ryan was Vice President at Credit Suisse Financial Products and an associate with Cadwalader, Wickersham & Taft specialising in banking, securities and corporate law. Mr Ryan is a member of Qatar’s Financial Stability and Risk Control Committee, a member of the Qatar National Anti-Money Laundering and Combating the Financing of Terrorism Committee and a member of the Board of Directors of the Qatar Financial Markets Authority. 
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​​Mr Nasser Ahmad Al-Shaibi
Board Member
 
 
Mr Al-Shaibi was appointed a Board member of the Regulatory Authority in March 2012. Mr Al-Shaibi is presently the Chief Executive Officer (CEO) of the Qatar Financial Markets Authority, prior to which he served in a number of roles within Qatar Stock Exchange (Doha Securities Market) from 1998 to 2006 and Qatar Gas from 1993 to 1998.
 
He was the team leader behind the establishment of the Qatar Financial Markets Authority in 2006, and was actively involved in developing the Qatar Financial Markets Authority and the capital market sector in the State of Qatar. He has held many leadership positions in the financial sector such as Vice-Chairman of the Qatar Finance and Business Academy (QFBA) and Board Member in Qatar Central Bank (QCB).
 
At the international level and during his current position, the Qatar Financial Markets Authority gained full membership of the International Organization of Securities Commissions (IOSCO) and became a member of the three specialised committees under the umbrella of IOSCO. He signed a partnership agreement with the Association of National Numbering Agencies (ANNA), as well as joined the membership of the Islamic Financial Services Board (IFSB). At the regional level, he was the President of the Union of Arab Securities Authorities for the year 2012-2013.
 
Mr Al-Shaibi has been a member of numerous national steering committees such as the Financial Stability and Risk Control Committee (FSC) and the Qatar National Anti-Money Laundering and Terrorism Financing Committee (NAMLC). He was also a member of the Founding Committee of the Establishment of Aspire Sports Academy.
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Dr Jeffrey Carmichael
Board Member
 
Dr Carmichael was appointed as a member of the Regulatory Authority Board in March 2012.  He is Chairman of the Regulatory Authority’s Audit and Risk Committee and is a member of the Nominations and Remuneration Committee. Dr Carmichael is the Chief Executive Officer of Promontory Financial Group Australasia (PFGA), an IBM company. Prior to joining PFGA, Dr Carmichael worked as a company director and consultant to the World Bank, the Asian Development Bank and a number of governments on issues relating to regulatory structure, design and effectiveness, debt management and training. Until June 2003, Dr Carmichael was the inaugural Chairman of the Australian Prudential Regulation Authority (APRA), with responsibility for regulating and supervising banks, insurance companies and pension funds. Dr Carmichael’s career includes senior positions in a 20-year career with the Reserve Bank of Australia, seven years as Professor of Finance at Bond Uni­versity, and appointment to a number of government and private sector boards and inquiries, including the Wallis Inquiry into the Australian financial system.
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Mr Jean-François Lepetit
Board Member
 
Mr Lepetit has been a member of the Regulatory Authority Board since March 2006. He is Chairman of the Regulatory Authority’s Nominations and Remuneration Committee. Mr Lepetit was formerly Chief Executive Officer of Banque Indosuez and subsequently Chairman of BNP Pari­bas Group’s Market Risk Committee. He has served as Chairman of the Conseil du Marché à Terme; Chairman of the Conseil des Marchés Financiers; President of the Commission des Opérations de Bourse; Chairman of the French Conseil National de la Compt­abilité (and in this capacity he was also a member of the Collège d’Autorité des Marchés Financiers, Paris); a member of the Comité de la Réglementation Bancaire et Financière; and a member of Comité des Etablissements de Crédit et des Enterprises d’Inves­tissement. Mr Lepetit was a non-executive director of BNP Paribas from 2004 to May 2017.
Mr Daniel L. Glaser
Mr Daniel L. Glaser
Board Member
 
Mr Daniel L. Glaser was appointed as a member of the QFC Regulatory Authority Board in March 2018. Mr Glaser is a member of the Board’s Audit and Risk Committee.
 
Mr Glaser is a Principal with the Financial Integrity Network based in Washington DC. He previously served as Assistant Secretary for Terrorist Financing and Financial Crimes in the U.S. Department of the Treasury's Office of Terrorism and Financial Intelligence from May 2011 through January 2017. As Assistant Secretary, Mr Glaser was responsible for helping to formulate and coordinate counter-terrorist financing and anti-money laundering policies and strategies for the Treasury Department and throughout the U.S. government. 
 
Mr Glaser served previously as Treasury’s Deputy Assistant Secretary for Terrorist Financing and Financial Crimes from November 2004 to May 2011. He was responsible for developing and coordinating policies to protect the U.S. and international financial systems from abuse related to money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction. Prior to these positions, Mr Glaser served as the first ever Director of the Treasury Department’s Executive Office of Terrorist Financing and Financial Crimes. Mr Glaser also served as the Head of the U.S. Delegation to the Financial Action Task Force (FATF) from 2001-2011 and held various positions within the FATF through 2016.
 
Mr Glaser has also previously served as Senior Counsel for Financial Crimes in the Treasury Department’s Office of the General Counsel and as an attorney for the U.S. Secret Service.