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Abdulrahman Totonji named QFB ACEO

Abdulrahman Totonji 
named QFB ACEO

Tribune News Network
Doha
Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorised by the QFC Regulatory Authority, on Monday announced that Abdulrahman Totonji has been appointed as the acting CEO (ACEO) of the bank.
Totonji is a distinguished talent in business, economics, and investments. He has extensive experience in managing local and international real estate investments, which enables him to lead QFB during this critical moment of its history.
He has spent around six years in managing investment portfolio worth a billion Qatari riyal.
Additionally, he gained experience over a period of six years investing in the US real estate market. Abdulrahman obtained his master’s degree in real estate finance from Georgetown University, Washington DC and a Bachelor’s degree in business administration from George Washington University.
The board welcomed the appointment of Totonji as ACEO of the bank in the context of its new vision aiming at maximizing shareholder value. The board also praised Abdulrahman’s expertise in economics and administrative matters.
The board has expressed confidence that Totonji’s experience will help improve the bank’s performance and achieve positive results for the shareholders.
Commenting on his appointment as new ACEO of QFB, Abdulrahman said, “I thank the board of directors for trusting me as QFB’s ACEO at this critical stage. I will work with the board and the executive team over the coming period to support the bank in maximising shareholders’ value and to place the bank on a profitable path again, and we will see the bank grow to new heights.”

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