Doha Bank QPSC: Sustainability is the future of investing

Doha Bank hosted an unprecedented online customer event on the 23rd June 2021 on the theme “Investment prospects”

Over 400 guests attended the event on various virtual channels. The prospects were sponsored by the Private Banking division only for their high net worth clients in Qatar.

Slim Bouker, Head of Private Banking “who indicated that these investment perspectives are part of our ongoing efforts to bring market knowledge to our clients”. He also mentioned the partnership with the Bank of Singapore (BOS), Asia’s global private bank. We bring “BOS expertise to the doorstep of our HNW clients here in Qatar”.

Dr Seetharaman, CEO of Doha Bank Group, commented on the global outlook. He said: “According to the World Bank in June 2021, the world economy is expected to grow 5.6% in 2021. Advanced economies are expected to grow 5.4% in 2021 and emerging and developing market economies are expected to grow by 6% in 2021. Significant volatility seen after the recent Fed meeting with the strengthening dollar, weakening precious metals and falling capital markets. Recent rallies in industrial metals have also eased due to the dollar strength The global economy expects to recover from the COVID-19 pandemic, but inflation concerns have hurt capital markets ESG framework has been strengthened globally and in Qatar. Sustainability is the future of investing. ‘

Internationally renowned industry experts were invited by the private bank to the forum which was moderated by Dr Seetharaman, CEO of Doha Bank Group, to cover key topics:

  • Dr Ian Thom, Research Director at Woodmac, spoke about Edinburgh and explained the trends in oil and gas investment and what does this mean for Qatar? Quoted “Qatar has the most competitive LNG in the world and, thanks to the massive expansion of North Field, is one of the few countries in the world where investments in hydrocarbons are increasing.”

  • Qatar Airways Chief Commercial Officer: strengthening, resilience and sustainability. Thierry Antinori explained how Qatar’s flagship was always there for their passengers. “At Qatar Airways, we were very honored to participate in this conference and to take stock of our Covid crisis management. We never stopped flying during the pandemic. It has been since the start of the crisis to be there for our customers who needed us as a reliable and resilient airline to repatriate. Building on our industry leadership in terms of product quality and biosecurity and on trusting relationships with commerce and customers to become the world’s largest internal traffic airline. Sustainability has also been an ongoing goal by deploying B787 and A350 aircraft that generate significantly lower emissions than 4-engine aircraft.

  • From Boston, Nathalie Wallace, Head of ESG Strategy and Development at Mirova (a subsidiary of Natixis Investment Managers) explained ESG trends, the value proposition and added value to portfolios. She said: “Mirova, by being at the forefront of innovation in sustainable finance, helps its clients to evolve their investment portfolios in line with a global economy experiencing a fourth industrial revolution”

At the close of the event, Slim pointed out that Doha Bank supports the views of “capital preservation and growth, our clients deserve diversity in their investment solutions. Together with Bank of Singapore, we strive to maintain lasting relationships with our clients. ‘

Warning

Doha Bank QSC published this content on June 27, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on June 27, 2021 10:58:01 AM UTC.

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