IT & Telecommunications

stc Bahrain's Banabeela wins CEO of the Year award

Leading telecom services operator stc Bahrain said it has won top honours at the International Business Magazine 2021 awards; wherein its chief executive officer Engineer Nezar Banabeela clinched the CEO of the Year accolade.
 
The group also won the Best Digital Infrastructure Development award in recognition of its exceptional digital development and achievements in the telecommunications sector. 
 
The recognition reiterates the cohesive vision and forward-focused digital-champion strategy of stc Bahrain in line with the kingdom’s economic vision, with a broader focus on community-development. 
 
It has embraced new opportunities that further consolidated stc Bahrain’s leadership position in technology, services, and social commitment. 
 
On the top honours, Engineer Banabeela said: "This is a huge honour for the entire stc Bahrain team, who have been instrumental in taking forward the company’s digital transformation strategy."
 
"They have been our key drivers, helping us break barriers and cater to today’s fast-moving, digital consumer while enabling us to sustain our market-leading position and reputation for innovation," he noted.
 
Banabeela had been profiled amongst the 40 under 40 Arab Business leaders of the future in a special issue of leading pan-arab business magazine that recognizing leaders who are already making a significant impact on the region and the world today. 
 
This recognition is a true testament to his influence as a leader encourages open communication with his team, empowering them to explore new opportunities and recognize their contribution to the company at all levels, further boosting its future growth.
 
"These awards are also a testament of stc being an integral part of Bahrain’s journey to becoming a smart nation and a digitally enabled society. Driving innovation with new revolutionary technologies, creating a sustainable future for the local community, developing new talent, and building telecom's future has been the foundation of everything stc Bahrain does," he stated. 
 
"We are proud of our journey so far and look forward to contributing even further towards leading Bahrain’s digital transformation nationally and regionally," added Banabeela. 
 
The Bahraini telecom company said while 2020 was a challenging year, under Banabeela’s leadership, the company attained all of its strategic goals in terms of transformation, product launches, customer acquisition, and shareholder value creation. 
 
Working with his leadership team and board, he has successfully transformed the organization into a regional digital powerhouse. 
 
With its comprehensive portfolio of telecommunication, digital, and mobile financial services for consumers, homes, and businesses, stc Bahrain connects people, businesses, and communities on its revolutionary network. 
 
Together, with a broad spectrum of benefits and customizable variations, stc Bahrain offers the utmost flexibility in a world of evolving digital needs, he added.