RIYADH, April 15, 2019 – Alinma Bank CEO, Mr. Abdulmohsen Al-Fares, was recently lauded for his leadership role at Alinma during the 5th annual Top CEO conference and awards, held this year in Bahrain.
The event, which was well attended by numerous CEOs and thought leaders from across the GCC, featured a keynote address by renowned American economist and author, Nouriel Roubini. CEO’s from across a range of sectors were recognized for their contributions over the past 12 months in steering their respective companies to success. Al-Fares was the top Saudi CEO to be recognized in the Shariah-compliant Banks & Financial Institutions category.
Speaking about the honor, Al-Fares thanked Top CEO and expressed his appreciation for the efforts exerted by the collective employees of the bank.
“I am truly grateful for this honor from Top CEO,” said Al-Fares. “Award programs are an important part of the business ecosystem in the GCC, and having access to credible, transparent programs such as Top CEO, provides companies in the region with an effective way to measure performance.”
“I am particularly proud of Alinma’s qualified staff members, whose dedication to excellence has made this achievement possible,” Al-Fares continued. “As CEO, I must set the tone for my organization; but I must then be able to rely on upper management and staff to execute. And our execution in 2018 is something of which we are proud. I look forward to continued sustainable success at Alinma Bank.”
The Top CEO Awards are known for their transparency and strict adherence to competitive formulas in tallying annual CEO rankings in the GCC region. By teaming up with INSEAD Business School, leading global auditor KPMG, and the Hawkamah Institute for Corporate Governance, TRENDS magazine and Mediaquest, which produce the Top CEO conference and awards, have ensured that only the highest standards are applied in the vetting of award nominees.
Alinma Bank has, in the 10 years since its launch, established itself as a leader in sustainable growth in the region, and has been named the fastest growing bank in Saudi Arabia for six of the past seven years. Additionally, Mr. Al-Fares was most recently recognized as the CEO of the Year by the Global Islamic Finance Awards in Sarajevo, and received the same award at the Islamic Retail Banking Awards in Dubai.