NBAD wins top financial excellence award
Abu Dhabi, September 25, 2013
The National Bank of Abu Dhabi (NBAD), has won the prestigious Sheikh Khalifa Excellence Award- Diamond Category affirming the bank’s position as a leader in the financial industry.
Sheikh Hamed bin Zayed Al Nahyan, chairman of Abu Dhabi Crown Prince's Court presented the award to Nasser Ahmed Khalifa Alsowaidi, chairman of NBAD.
“We are proud to win this prominent and coveted award. Winning the Sheikh Khalifa Excellence Award is a valuable recognition of the many exceptional accomplishments and contributions that NBAD has made to the development of not only NBAD but the financial services industry,” said Alex Thursby, group chief executive officer of NBAD.
“The Sheikh Khalifa Excellence Award is an effective gauge of distinction and merit. The Bank’s successes have distinguished NBAD as the leading bank and company.”
Thursby added: “The UAE sits at the heart of West-East Corridor and NBAD’s strategy is to gain a leading role in this space to promote the interest of Abu Dhabi and the UAE in this vital and rising super-region.”
NBAD’s many achievements and successes that were considered for the award included the bank’s annual Global Financial Markets Forum; its risk management framework that has made NBAD one of the world’s 50 safest banks and the safest bank in the Middle East; NBAD i-Trade, an example of NBAD’s innovative products to create value for clients; Nafura secure online channel for corporate clients and NBAD’s partnership with the UAE Ministry of Finance to create E-Dirham payment system.
“Excellence is an on-going journey and it is about putting best practice into action to benefit our customers and our stakeholders,” said Thursby.
“We will continue to utilise the SKEA Diamond Award excellence framework as the springboard for further improvements to create great value for our customers,” he added. – TradeArabia News Service
More Finance & Capital Market Stories
- Dubai inflation hits 4-year high in Nov
- New guidelines for Islamic banks, Takaful
- ADS to enter UK in 2014, starts pricing yuan
- Citadel cuts net loss as regional unrest eases
- Saudi inflation edges up to 3.1pc y/y in Nov
- Kuwait's Investment Dar reaches key debt agreement
- Banks on alert over ATM fraud
- Bahrain's economy bounces back on positive outlook
- Mena inbound M&A value triples to $3.9bn
- DFM opens educational trading floor at varsity