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Abu Dhabi - FGB, one of the leading banks in the UAE, received the title for"Best Startup Procurement Function Middle East 2015" at the Chartered Institute for Procurement and Supply (CIPS) Middle East awards ceremony, which was recently held at Intercontinental Abu Dhabi.
A CIPS award is the most prestigious recognition in the procurement and supply chain profession. The awards are judged by a panel of industry experts and senior procurement professionals from the public, private and not-for-profit sectors.
Judges based their assessment on thesuccess of a procurement and supply chain management function that was established after January 2013. The function should have demonstrated effective management and innovation, thereby raising the profile of the profession.
FGB scooped up the award after being shortlistedfor best start up function in the Middle East, alongside Atkins and The Dow Chemical Company. FGB was granted the award for its procurement department that was set up in 2013. Theproject's focus was on people development and driving innovation using progressive, technological procurement tools.
CIPS is an international UK based governing body that promotes excellence in procurement and supply chain management. It operates in 150 countries and has 200,000 professionals in its global network.
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About FGB
As a major leading Bank in the UAE, FGB had Shareholder Equity of AED 31.6 Billion as of March 31st, 2015 making it one of the largest equity based Banks in the UAE. Established in 1979 and headquartered in Abu Dhabi, UAE, the Bank offers a full range of financial services to business and consumer sectors throughout an extensive network of branches across the UAE. Internationally, FGB has branches in Singapore and Qatar, representative offices in India, Hong Kong, Seoul and London and a subsidiary in Libya.
Today, FGB is recognised as a world-class organisation committed to maximising value for shareholders, customers and employees as it focuses on delivering banking products and services that meet client needs and support the UAE's dynamic economy. In line with its commitment to excellence the Bank continues to invest significantly in people and technology to provide superior service standards.
FGB received double honours from industry publication Cash Management Matters (CMM) for 'Best Bank Award for Trade Finance and Corporate Banking', in addition to obtaining benchmark status in the CMM Trade Finance Tajara Monitors 2014. The bank was also recognised as the "Most Innovative Service Provider" at the 2015 MENA IR Insurance Awards and received seven 2015 Banker Middle East UAE Product Awards: 'Best Call Centre', 'Best Credit Card', 'Best Personal Loan', 'Best Wealth Management Service/Proposition,' 'Best Offshore Wealth Proposition', 'Best Deposit Account Product' and the 'Best Bancassurance Product' award for the second year in a row. FGB has also recently won two Interactive Media Awards for its My FGB Card and FGB Wealth websites. The bank won awards in the 'Best in Class' and 'Outstanding Achievement' banking categories, respectively.
For more information about FGB, visit the website at: www.fgb.ae
Take a look at FGB's social media profiles using the following links:
Facebook: FGB
Twitter:@FGBConnect
Instagram:FGBConnect
YouTube: The FGB Channel
Linkedin: FGB
For media inquiries, please contact:
Ghaleb Zeidan
Weber Shandwick MENA
Phone: + 971 50 778 2286
Fax: + 971 2 449 4833
Email: GZeidan@webershandwick.com
Jennifer Cain
Weber Shandwick MENA
Phone: + 971 55 4741105
Fax: + 971 2 449 4833
Email: JCain@webershandwick.com
Hiba Haddad
Weber Shandwick MENA
Phone: + 971 56 1679577
Fax: + 971 2 449 4833
Email: hhaddad@webershandwick.com
© Press Release 2015
