The Qatar Financial Centre Authority has appointed Shashank Srivastavan (pictured), formerly acting CEO of the QFC Authority, as its CEO and Board Member.Commenting on the appointment, HE the Minister of Economy and Finance, Yousef Hussain Kamal said: The QFC Authority plays a central role in the growth of Qatar’s financial sector and the realisation of our national development strategy. Shashank Srivastava’s appointment as CEO and Board Member recognises the solid progress Doha made while he was acting CEO towards becoming the region’s leading financial centre. The Board and I are confident that this progress will continue under his leadership.”Abdulrahman Ahmad al-Shaibi, managing director of the QFC Authority and member of the QFC Authority Board, said: “Shashank Srivastava has played a central role in the formation and implementation of the QFC Authority’s strategy of focusing on the hubs of asset management, reinsurance and captive insurance. His experience and deep knowledge will be most valuable in increasing business in all these areas and further raising awareness and understanding of the QFC Authority around the world.”Srivastava said: “I am very grateful to the minister and the Board for the confidence they have placed in me. These appointments are a great honour. I must stress, however, that the success of the QFC Authority is down to the excellent work of everyone here. Together, we will press on with creating a world-class financial centre in Doha.”