Supervision and Authorisation

	Mr Errol Kruger Managing Director, Supervision and Authorisation
	Mr Kruger was appointed as Managing Director, Supervision and Authorisation on 1 August 2011. He has over 34 years of financial services regulatory experience gained with the South African Reserve Bank, where for more than two decades he focused on supervisory matters in senior level appointments as General Manager, Registrar of Banks and Head of Bank Supervision. Mr Kruger has also risen to international prominence promoting sound supervisory standards and practices globally, as a speaker and presenter for various domestic (educational institutions) and international fora, including the Financial Stability Institute of the Bank for International Settlements . In addition to his contributions as an educator, Mr Kruger has also helped shape the future of financial services regulation, first serving on the Core Principles Liaison Group, a sub-committee of the Basel Committee on Banking Supervision, from 2003 – 2009 (aka, International Liaison Group, since 2007) then since 2009, representing his country as a full member of the Basel Committee on Banking Supervision. Mr Kruger is a graduate of the University of Pretoria, South Africa and in 2010 he was awarded the Risk Manager of the Year award from the South African Institute of Risk Management .

	Dr. Ali Al Amari Senior Director, Supervision and Authorisation
	Dr Al Amari brings two decades of regulatory experience to the QFC Regulatory Authority, covering a range of financial services disciplines including risk management, supervision and licensing, Islamic banking, anti money laundering and corporate governance. Dr Al Amari took a Bachelor’s degree in Accounting from Qatar University before going on to take MBAs in finance and accounting and international business from Regis University (USA). He also holds a PhD in credit evaluation process and the role of credit scoring from University College Dublin (Ireland). During his tenure at Qatar Central Bank (“QCB”) Dr Al Amari was responsible for the supervision and licensing of financial institutions as well as leading the implementation of Basel II. He has held a number of senior committee positions working to develop regulation and financial services in the State of Qatar including: Chairman of the founding committee of the Qatar Credit Bureau, President of the National Banks Committee for the implementation of Basel II, QCB official member in the GCC Committee and Arab Committee of supervision, and QCB representative and member of the negotiating team to the national committee for Qatar’s membership in the WTO. Before joining the Regulatory Authority Dr Al Amari was Chief Risk Officer in Barwa Bank where he was in charge of all elements of risk management. In addition and among his risk management responsibilities, he successfully implemented operational risk models, credit rating and scoring models for both corporate and retail banking.

	Mr Prasanna Haran Director, Supervision of Financial Institutions
	Prasanna Haran brings more than 18 years of financial institutions’ supervisory experience to the QFCRA. As an Assistant Vice President at the Federal Reserve Bank of New York, he was responsible for the supervision of large complex banking organizations. Over his near twelve year tenure at the Federal Reserve, he has served as Team Leader and Relationship Manager and spearheaded many an examination of domestic and foreign banking organizations. A speaker at several of the Federal Reserve’s technical assistance efforts world-wide, Mr. Haran is a recipient of multiple Presidents Awards for Excellence for his contributions to Bank Supervision. He holds a Master of Business Administration degree in Finance and Bachelor of Science degree in Accounting from the United States.

	Mr Stephen Cemm Director, Authorisation
	Stephen Cemm has been with the QFCRA since its inception, primarily focussed on Authorisation matters, albeit with some time spent supervising financial institutions and working on policy development. Stephen joined the Regulatory Authority in 2005 from the DFSA where he had performed a similar role. Having contributed to the formative stages of the development of two of the region’s newest regulators, Stephen has been involved in the authorisation of many institutions, including the first in each jurisdiction, in addition to helping to develop the internal operational infrastructure, rules and regulations. Stephen previously held commercial compliance positions in UK and international asset management firms, prior to which he worked in a regulatory capacity at the FSA, the PIA and the ICS. With over 20 years in financial services, Stephen started out as a career banker before focussing on compliance and regulation. A Chartered Associate of the IFS School of Finance (formerly the Chartered Institute of Bankers), and Member of the Chartered Institute for Securities & Investment, Stephen holds a Bachelors Degree in Financial Services from UMIST, as well as various certificates and diplomas in related disciplines.