Lesha Bank LLC has won “Best Asset Manager in Qatar” at the EMEA Finance Middle East Banking Awards 2022 in recognition of managing strong and diverse portfolio of real estate and private equity assets.

The Bank’s total Asset Under Management (AUM) grew by 36 percent, recording QAR 5.2 billion in 2022 and the total investment portfolio stood at QAR 2.4 billion with a growth of 117 percent in 2022 compared to the previous year.

Held in its 15th edition, the annual awards event was organized by EMEA Finance magazine to highlight commercial, investment and Islamic banks across the Middle East, as well as brokers and asset managers. The EMEA Finance magazine specializes in reporting financial and banking developments in Europe and the Middle East and is directed to an executive level audience.

Lesha Bank’s CEO Abdulrahman Totonji commented: “Alhamdullilah, we are pleased to be recognized by EMEA in Asset Management which will help us cement our leadership and position within the local and regional markets and encourages us to continue offering innovative investment solutions. This accolade proves our employees hard work and dedication that led us to achieve this performance during a critical shift toward a new strategic direction to drive the Bank to achieve its goal of further growth and to be at the forefront of Shari’a-compliant investment banking.” (QNA)

Source: Qatar News Agency