Dubai: First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has been named ‘Leading Corporate for Investor Relations in the Middle East’ at the 2018 Middle East IR Association (MEIRA) Annual Awards ceremony, which recently took place at the Bulgari Resort in Dubai.
Continuing its winning streak FAB scooped two further awards at the event. The bank was awarded the ‘Leading Corporate for Investor Relations in the UAE’ for the second consecutive year, while FAB’s head of IR, Sofia El Boury, was named the ‘Best Investor Relations Professional in the UAE’, bringing the overall tally to three awards. The wins underscore FAB’s commitment to investor relations best practice.
The awards recognise top Investor Relations leaders in the region for the quality of their work and are based on the results of the MENA Extel Survey - the leading survey of the investment community. As part of the survey, buy- and sell-side analysts vote to pick the top performers in each market every year.
Sofia El Boury, Head of Investor Relations at FAB, said: “We are incredibly proud to have received such recognition from our partners and peers in the investment community. Each award serves as testament to the robust relationships FAB has built, and continues to build upon, with investors and analysts. As we continue to Grow Stronger, these accolades motivate us to achieve even greater heights. We would like to take this opportunity to thank MEIRA for its unrelenting support over the past decade to promoting best investor relations practice in the region, and supporting the development of capital markets.”
In its 10th edition, the MEIRA Annual Conference and Awards is the region’s largest Investor Relations event and brings together locally listed firms, international corporates, investors, research analysts, advisors, as well as representatives of the region's regulatory bodies. The conference provides delegates with a networking platform and encourages dialogue around market challenges and best practices, while educating participants and stakeholders on the importance of investor relations, transparency and corporate governance.
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About First Abu Dhabi Bank (FAB)
FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, and products and services, to provide a customised experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi in Khalifa Business Park, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad.
In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience, and will support the growth ambitions of its stakeholders across countries in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future.
With total assets of AED 692 Billion (USD 188 Billion) as of June-end 2018, FAB is rated Aa3/AA-/AA- by Moody’s, S&P and Fitch, respectively, the strongest combined ratings of any bank in the MENA region. The Bank has been ranked by Global Financeâ as the safest bank in the UAE. In the Top 1000 World Banks 2018 ranking by The Banker Magazine, FAB ranks #1 in the Middle East and #81 in the World by capital strength. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.
For further information, visit: www.bankfab.com
For media inquiries, please contact:
Mira Assaf
Weber Shandwick MENA
Phone: +971 50 3123518
Fax: + 971 2 449 4833
Email: Massaf@webershandwick.com
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