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Islamic Banker of the Year Award to be announced at the WIBC

12-05-2007 04:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Mega Events

/ PR Agency: Matrix PR
The Islamic Banker of the Year 2007, one of the global Islamic banking and finance industry’s oldest and most prestigious awards will be announced on 9th December, the World Islamic Banking Conference (WIBC) has announced. The award, which recognizes the industry’s most outstanding achievements, will be handed out at a gala dinner and awards ceremony hosted by JP Morgan during the 14th Annual WIBC at the Gulf Hotel, Manama, Kingdom of Bahrain.

David McLean, Managing Director, WIBC states: “For more than a decade, the Islamic Banker of the Year Award has recognized ground-breaking achievements by the executive leaders of the international Islamic industry. The award has achieved a greater significance in the current climate, with the industry surging into its next phase of development”

McLean also states that the award will be a boost in industry credentials to major banks tackling formidable challenges in the Islamic sector including sustainable and profitable growth, escalating competitive pressures and global aspirations. The award is traditionally awarded to an established Islamic banker who has made notable contributions to the Islamic services industry (during the fiscal year?). Key selection criteria will include the strategy, innovation and leadership as in spearheading the launch of institutions or re-positioning landmark institutions or launching new products or services or driving substantial wholesale Islamic transactions and international involvement and complexity.

“The Islamic Banker of the Year Award is one of the most prestigious awards in Islamic Finance. It recognizes the outstanding efforts of a truly exceptional individual who has helped develop our industry. Ernst and Young is proud to have been associated with the award since its inception.” stated Sameer abdi, Head of Ernst and Young’s Islamic Financial Services Group.

The award is supported by the Central Bank of Bahrain and uses a peer-based voting system amongst a select group of industry leaders. Ernst & Young, the official auditors for the event, applies a series of criteria developed in collaboration with the WIBC to ascertain the final winner. Previous winners include many industry founders and visionaries including Sheikh Saleh Kamal, Prince Mohammed Al Faysal, and more recently by Adnan Yousif, Atif Abdul Malik and Husein Al Meeza.

Additionally two prestigious awards, The Institutional Excellence Award and The Industry Leadership Award will also be presented at the WIBC.

Ends.

MEGA is the market-leading business information firm focused on achieving business results for the Islamic banking & finance industry since 1993. The portfolio of MEGA brands represents the landmark industry conferences and our clients are the leading players in the international financial markets.

For media information, please contact Sharon Pereira or Adil Jaouhari:
Matrix Public Relations
Tel: 0097143430888
Sharon@matrixdubai.com; adil.j@matrixdubai.com

For further information on the event, please contact:
Zainab Hasan
Head – Business Development
Middle East Global Advisors (MEGA)
Tel: +9714 3431200
Email: zainab@megaevents.net

Matrix Public Relations is an independent public affairs consultancy based in Dubai, the dynamic commercial and media centre of the Gulf.

We specialise in providing PR counsel and services to help our clients enhance their brand equity and corporate reputation in the region. By marrying international PR expertise with perceptive local knowledge we are able to plan and implement strategic communications initiatives that really make a difference.

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