Mona Yousuf Khalil Almoayyed, chairman of Ebdaa bank for Micro financing – Bahrain, has been awarded first-rank in Bahrain and ninth place in the world in the Forbes list of the 100 most powerful businesswomen in the Middle East.

Nasser Al-Qahtani, vice-chairman of the Bank and executive director of the Arab Gulf Program for Development (AGFND), hailed the achievements of Mona Almoayyed and topping the Forbes list again, pointing out that it is a Bahraini and Gulf role model for women who are successful in their work, and who are able to shoulder responsibilities and ensure the sustainability and development of the work and achieve the best results.

Al-Qahtani highlighted that these successes confirm Arab women are capable of creativity whenever they are given confidence and a proper place, which indicates the prudent selection of AGFUND to Al-Moayed to lead the Board of Directors of the Ebdaa Bank in Bahrain, making effective efforts in formulating the bank’s policy and strategy and ensuring its stability and growth within the AGFUND banking system for financial inclusion, and interpretation of  the vision of Prince Talal bin Abdulaziz Al Saud - may God have mercy on him - founder of AGFUND "with the support and endorsement  of their Majesties and Highnesses the leaders of the Gulf Cooperation Council countries" and the owner of financial inclusion banks initiative to support women and integrate them into the development process.

Al-Qahtani stressed out that the continuity of Almoayyed’s distinction in her position is a strong catalyst for the continuation of “AGFUND” in its program for empowering women, and making way for her in AGFUND banks to be more creative in creating products that contribute to solving social and economic problems and contribute to achieving sustainable development goals.

Dr Khaled Al-Ghazzawi, chief executive officer of Ebdaa Bank, confirmed that the continuation of Al-Moayed to top Forbes list of the strongest Arab women enhances the enthusiasm of the bank’s executive staff to develop performance and raise productivity levels in line with the directives and aspirations of the Board of Directors and achieve the strategic goals of the bank.

Dr Al Ghazawi said: “We are proud to work under the management and direction of Ms. Almoayyed, and her presence at the head of the Board of Directors of Ebdaa Bank has given us great strength and helped us to overcome many challenges. There is no doubt that the good reputation and prestigious position that Almoayyed has in all circles enhances the bank’s strength and presence in the Kingdom of Bahrain and it helps us accumulate success year after year. "

Dr Al-Ghazzawi pointed out that Almoayyed's maintenance of her position of Forbes to list of the strongest Arab women is due not only to the exceptional economic and commercial capabilities that she possesses, but also to the multiplicity of her creativity aspects and interests in the field of social responsibility and family companies. – TradeArabia News Service