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16/03/2025 05:26 AST
Lesha Bank said its CEO has been recognised in the "prestigious Forbes Middle East Top 40 Asset Managers list" for 2025.
"This honor is a testament to the bank's robust asset management capabilities and its success in managing a diversified portfolio across real estate and private equity assets.
"Lesha Bank is especially proud as it stands out as the only financial institution in Qatar to be included in this esteemed list this year for a second consecutive year," the bank said Sunday.
For the fourth consecutive year, Forbes Middle East has published its ranking, spotlighting premier financial firms and advisors within the Middle East region committed to maximising investments. This year, the list highlighted 40 asset managers entrusted with managing assets on a fiduciary basis.
In 2024, Lesha Bank witnessed growth in its total assets under management (AUM), increasing by 39% to QR8.6bn.
The bank's investment portfolio also saw a substantial rise, growing by 12% to QR3.3bn, reflecting its strong performance in a dynamic economic environment.
Lesha Bank invests in various sectors and regions to serve qualified ultra and high net worth individuals, as well as qualified institutional and corporate entities.
The bank's investment portfolio includes significant positions in the US real estate market and various private equity deals across different industries including aviation.
Lesha Bank CEO Mohammed Ismail al-Emadi commented: "This recognition by Forbes Middle East is a significant achievement for our entire team at Lesha Bank. It highlights our collective efforts in managing and growing a strong and diversified investment portfolio.
"We are committed to continuing our pursuit of excellence and innovation in asset management."
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