VW says Qatar’s Al Jaber to replace Akbar Al Baker on supervisory board

Al-Jaber’s appointment paves the way for confirming Hans Dieter Poetsch to the helm of Volkswagen’s (VW) supervisory board. (Reuters)

Volkswagen said on Wednesday Hessa Al-Jaber, the former IT minister for Qatar, would be nominated to the car maker's supervisory board, replacing Akbar Al Baker, chief executive of Qatar Airways.

Al-Jaber’s appointment paves the way for confirming Hans Dieter Poetsch to the helm of Volkswagen’s (VW) supervisory board, a step which needs shareholder approval.

A person familiar with the matter had told Reuters on Tuesday that VW investor Qatar, which holds a 17 percent stake in the car maker, would nominate Al-Jaber, allowing the carmaker to fulfill legal quotas for women ahead of a key shareholder meeting.

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Last Update: Wednesday, 20 May 2020 KSA 09:48 - GMT 06:48
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