Chairman of Doha Bank wins prestigious award [Gulf Times (Qatar)]
(Gulf Times (Qatar) Via Acquire Media NewsEdge) Sheikh Fahad bin Mohamed bin Jabor al-Thani, chairman of the Doha Bank Board of Directors, has been honoured with the "Best Banking Chairman Qatar" award at the Global Banking and Finance Review Awards 2014.
The Global Banking and Finance Award recognises business organisations and the leaders at their helm for adopting a holistic approach towards building and sustaining both business excellence and developing human resources.
The award highlights the recognition of being a corporate leader who has "continuously channelled energies to create an outstanding work environment for Doha Bank, which promotes commitment, reinforces best business practices and consistently sharpens the skill-sets of its employees to ensure the optimum utilisation of both human resource potential and opportunity capital", according to a statement issued by the bank yesterday.
Under the strategic vision of Sheikh Fahad, Doha Bank has established a "dominant position in the GCC banking landscape and is one of the largest banks in Qatar". It is focused on being a "one stop shop" financial service provider, the statement adds.
The bank has established a footprint across 14 countries with full-fledged branches in Dubai, Abu Dhabi and Kuwait and representative offices in Australia, Canada, China, Germany, Hong Kong, Japan, Sharjah, Singapore, South Korea, Turkey and the UK.
It has also obtained approval for opening a full-fledged branch in India, which will help the bank further capture significant bilateral trade flows with the GCC.
The statement points out that Doha Bank has leveraged on technology solutions, including digitisation, is a pioneer in Green Banking across the GCC and has reached out to the larger community through its corporate social responsibility initiatives.
The bank has exhibited "sustainable growth on various fronts, including total asset growth, loan growth, deposit growth and shareholder's equity growth".
It has been consistently achieving one of the best returns on average equity and return on average assets among banks in the Middle East over the years, the statement adds.
(c) 2014 Gulf Times Newspaper Provided by SyndiGate Media Inc. (Syndigate.info).
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