Dubai, June 18, 2015

Dr. R. Seetharaman, Group CEO of Doha Bank, was honored with the "Business Man of the Year Award" at the Qatar Today Business Awards held recently in Doha, Qatar. Dr. Seetharaman was awarded for his strong beliefs in management principles and for his dynamic leadership qualities in leading Doha Bank with strong values and firm principles.

On receiving the award Dr. Seetharaman gave insight on what are the key areas which he believes are important in running a financial institution.  He said "The key areas which require thrust are  realignment of business model  in accordance with  structural changes in  environment, building corporate image, sustaining  business growth, grooming people for environment, leveraging on technology, practice corporate social responsibility and manage stakeholder's expectations."

Dr. Seetharaman highlighted on each of the above areas. He said "There is a need to develop a new organization mindset taking into consideration the dynamics in external environment and based on participative leadership from management. The Global Financial crisis had changed the external environment for the financial services industry and resulted in a new financial architecture. Senior management from various business groups, risk, finance and other critical units should believe in the shared vision for effective implementation of strategy. Building and protecting the corporate image of the organization is the key role of today's CEO. Brand management and reputation risk management are vital for today's organization. Sustaining business growth should begin from fulfilling the requirements of the customer. Customer needs are always evolving hence we should always look for innovative ways in fulfilling their needs. There is a need for minimizing people skill gaps, improve motivation levels of staff and create a real time enterprise. Technology should been seen as a tool to improve the offerings for customers. Hence IT and Business linkage should be strengthened to meet the dynamic needs of customers.  The key stakeholders namely investors, board, regulators and customers have their expectations, hence managing their expectations is critical. Last but not the least today organization's have a role in contributing to the society. Hence they should practice corporate social responsibility and encourage sustainable development."

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About Doha Bank
Doha Bank is the largest private commercial bank in the State of Qatar. It was incorporated in 1978 and commenced its banking business (including its International Banking services) in Doha, Qatar on March 15, 1979.

As one of Qatar's leading financial services company, Doha Bank is committed to making banking work for customers and clients like it never has before. Through innovative technologies and the ingenuity of its people, Doha Bank provides individuals and commercial, corporate and institutional clients across Qatar and even internationally, new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose through an extensive network, and multiple access channels.

The Dubai branch of Doha Bank was opened in 2008.

For further information, please contact:
Ms. Tasneem Raza
Watermelon PR
Dubai, UAE
Tel: +971-4-2833655
Email: tasneem@watermelonme.com

© Press Release 2015