The eleventh edition of the Middle East Treasury Summit recently concluded in Dubai, marking a huge success with 30% more delegates than the previous iteration. The event; organised by the Association of Corporate Treasurers, brought together over 800 registered delegates from around the world, including a high number of corporate treasurers, all the major banks, Fintechs and service providers in the region in a gathering that helped facilitate new partnerships and multi-million dollar consultancy deals.

Some of the companies represented included: Dubai Holding, Saudi Arabian Mining Company (Ma'aden), Pakistan State Oil Company, China State Construction Engineering, Majid Al Futtain, Agility Logistics, Chalhoub Group.

The summit featured 20 hours of curated content covering finance, Emiratisation, digitalisation, sustainability, AI, blockchain, green finance, a woman in leadership session with Rola Abu Manneh, Chief Executive Officer, UAE, Standard Chartered Bank and a digital disruption session with Neetan Chopra, Chief Technology Officer, Dubai Holding.

‘I am absolutely thrilled with the Summit and the outstanding feedback we have received from all our attendees.  Our work over the past decade and longer to raise the profile of treasury, educate and inform in the region, has really paid off with the largest numbers ever - and significantly up on last year.  We thank our sponsors, advisory panel on the ground and all those who also believe in the importance of professionalism and integrity in treasury.  Together we are tackling the big issues of education, inclusion, diversity, leadership, ESG and technology, and through our influence hope to ensure financial sustainability in both business and indeed the overall economy.’

Caroline Stockmann, Chief Executive, Association of Corporate Treasurers

Mubadala’s Treasury team have supported and participated in the ACT Middle East Summit for the past 11 years. We find it an invaluable source of information, inspiration and not to mention a great networking opportunity.’

Matthew Hurn, Chief Financial Officer, Alternative Investments & Infrastructure, Mubadala

On Monday 30 September, the great and the good of the finance world came together to celebrate the achievements of the winners of the ACT Middle East Treasury Awards 2019, in a glamorous ceremony also at the Madinat Jumeirah. The awards recognise innovation and excellence in corporate treasury and among those honoured was His Excellency Ahmed Al Sayegh, who was presented the ACT Middle East Treasury Committee Chairman’s Award for his significant contribution to the treasury community.

These ACT events were preceded by the ACT’s Chief Executive running a highly successful leadership seminar on Sunday night, as part of HH Sheikha Shamma bint Sultan bin Khalifa Al Nahyan’s hugely important initiative, Women’s Empowerment and Equality Board (WEBB), to promote the empowerment of women.

The ACT will continue to increase its network in the region, with more events planned next year, including the ACT Middle East Awards and Summit 2020.

About the ACT

The Association of Corporate Treasurers (ACT) is the only professional treasury body with a Royal Charter.

We set the global benchmark for treasury excellence and lead the profession through our internationally recognised qualifications, by defining standards and by championing continuing professional development. We are the authentic voice of the treasury profession representing the interests of the real economy and educating, supporting and leading the treasurers of today and tomorrow.

ACT Middle East Treasury Awards 2019

Full list of WINNERS:

Treasury Management Award - Landmark Arabia

Corporate Funding Award - Majid Al Futtaim Holding

Small Corporate Treasury Team Award - Gulf Pharmaceuticals Industries – Julphar

Large Corporate Treasury Team Award - Saudi Telecom Company

Treasury Professional of the Year Award: Financial Service Provider - Cyril Tabet, Managing Director, Moelis & Co

Treasury Professional of the Year Award: Treasury Supplier - Habib Ghanem, Vice President, Business Development, TreasuryXpress

Treasury Professional of the Year Award: Private Sector - Mona Lockett, Group Head of Treasury, Webcor Group

Treasury Professional of the Year Award: Public Sector - Kata Pasztor, Treasury Manager, Etihad Airways

ACT Middle East Treasury Committee Chairman’s Award - His Excellency Ahmed Al Sayegh


Treasury Management Award - Microsoft

Corporate Funding Award - Schneider Electric

Small Corporate Treasury Team - Aujan Treasury Team

Large Corporate Treasury Team - Etihad Airways

Treasury Professional of the Year: Financial Service Provider - Hanna Khoury, Group Treasurer, Qatar Islamic Bank.

Treasury Professional of the Year: Treasury Supplier - Wassim Kadi, Global Director, SAP

Treasury Professional of the Year Award: Private Sector - Staney Pullolickel, Regional Treasurer, GE

Treasury Professional of the Year Award: Public Sector - Sean de Silva, Project Manager, Sharjah Finance Department, Government of Sharjah

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.