Abu Dhabi Commercial Bank (ADCB) has won the “Best Corporate Governance Award” for 2015 by leading magazine World Finance.

The World Finance Corporate Governance Awards highlight companies that serve as a benchmark for all companies aspiring to achieve outstanding corporate governance.

Simon Copleston, group general counsel & board secretary at ADCB said: “ADCB is proud to be the recipient of World Finance’s Best Corporate Governance in the UAE, 2015 Award. We aspire to conduct our business according to the highest standards of corporate governance and are always looking to ensure we are at the forefront of the latest developments in this area. Our guiding principles of responsibility, accountability, transparency and fairness inform our approach to good corporate governance.”

The award judges commended ADCB for its leading position in the development of a robust corporate governance framework as well as, amongst other things, its effective and engaged Board of Directors, its promotion of accountability to stakeholders, and its commitment to integrity and innovation.

Nominees and winners are judged on a wide range of criteria, including the system of governance, internal and external audits, stakeholder relations, composition and independence of the board of directors, observance of shareholder rights, risk management, and transparency.  – TradeArabia News Service