Dubai, United Arab Emirates, 23rd June 2011: His Excellency AbdulAziz Al Ghurair, CEO of Mashreq received the Outstanding Contribution to the Industry Award from The Banker Middle East Industry awards 2011. Al Ghurair was chosen as the recipient of the award for his achievements positive impact and continuous contributions to banking & finance industry. Previously, Al Ghurair received the Lifetime Achievement award from The Banker Middle East Industry Awards in 2009.
"The Outstanding Contribution award is chosen by our readers. It reflects the industry's views of the achievements, the positive impact and the quality of service to banking and finance in the MENA region made by the recipient. There is no individual more deserving than H.E. AbdulAziz Abdulla Al Ghurair," said Robin Amlôt, Managing Editor of Banker Middle East.
The award ceremony was attended by senior banking executives and decision makers in the financial industry. The annual event seeks to showcase successful institutions within the region and highlight not only profits, but measure and recognize innovation and development achieved by the most forward thinking institutions in the Middle East, setting the benchmark for excellence amongst the region's financial institutions.
H.E. Al Ghurair commented, "Today's award ceremony is a reflection of the stability the financial industry is witnessing and the direction we are heading. I am honored to receive this award and would like to express my gratitude to the panel of judges and readers who cast their votes for me. The industry in the region is vigilant as we anticipate steady growth in the near future."
Nominees for the Banker Middle East Award were selected by a panel of banking and financial experts, which were then voted by the readers of Banker Middle East magazine. A record number of participants from the MENA region their votes based on overall performance, innovation, and improvements to determine the winners in 27 categories.
Mashreq Al Islami wins Best Islamic Window
Mashreq Al Islami, the Islamic banking division of Mashreq won the Best Islamic Window from The Banker Middle East Industry Awards 2011. The awards are recognized around the world as among the most distinguished within the financial industry.
The survey reflects the opinions of registered readers of Banker Middle East who cast their votes to select the winners from nominated institutions. Winners were chosen based on the institutions' overall performance, innovations, improvements and growth over the last 12 months.
Their decisions were based on institutions' overall performance based on results, innovation, improvement and growth over the last 12 months.
Moinuddin Malim, CEO of Mashreq Al Islami commented, "This award is recognition of our continuous efforts and endeavors to offer innovative Sharia'h Complaint banking services. We have succeeded in delivering products and services that meet customer requirements and adapt to market changes. This distinction is a validation of the leadership position we have achieved since the inception of our Islamic Window."
Mashreq Al Islami continues to expand its Sharia'h Compliant product offerings to cater to customer requirements and further strengthen its Islamic banking proposition.Since the rebranding in March 2010, Mashreq Al Islami has focused on offering a full suite of Sharia'h Compliant products and services, with a host of new products launched for both retail and corporate customers. Mashreq Al Islami also provides Islamic Advisory Services, Structuring Finance Solutions, Sukuk Advisory, Islamic Investment Products, and Islamic Treasury Products.
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About Mashreq:
Mashreq is one of the UAE's leading financial institutions. Founded in 1967 as Bank of Oman, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts, it was the first to launch such products as travelers' cheques, credit cards and ATMs.
Mashreq has received numerous international awards such as the Best Bank in the UAE in 2008 from Euro money and various awards particularly for quality management. It's most recent acknowledgement was Best Consumer Internet Bank in Qatar 2009 & 2010, Best Consumer Internet Bank regionally by Global Finance Awards 2009 and Best Emerging Market Banks Middle East by Global Finance Awards 2010.
As a leading financial Institution in the UAE Mashreq aims to be world class in every facet of its business, including its social responsibility to the community it serves. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining UAE National employees.
For further information, please contact:
Samir Hammad
PR Manager, Mashreq
Tel: 04 -6083701/ Mob. 050-8832021
Email: SamirH@mashreqbank.com
Huda Ismail
Asst. PR Manager, Mashreq
Tel: 04 - 6083629
Email: HudaI@mashreqbank.com
Nancy D'Souza
Hill & Knowlton
Tel: 04 334 4930
Email: Nancy.DSouza@hillandknowlton.com
© Press Release 2011
