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23 November 2009

Abu Dhabi Commercial Bank wins Silver Class of The Sheikh Khalifa Excellence Award (SKEA)

Abu Dhabi, 23 November 2009: Abu Dhabi Commercial Bank, ADCB, has won the Silver class category of The Sheikh Khalifa Excellence Award (SKEA) for the finance sector at a spectacular ceremony at the Abu Dhabi National Exhibition Centre on November 23, 2009.  The event was held under the patronage of H.H. Sheikh Mohammed Bin Zayed Al Nahyan, Abu Dhabi Crown Prince, deputy supreme commander of the armed forces.  H.H Sheikh Hazza Bin Zayed Al Nahyan, National Security Advisor, presented the prestigious award to H.E Eissa Al Suwaidi, Chairman of ADCB, Mr. Alaa Eraiqat, the Chief Executive Officer and a group of senior management members of ADCB.

The Sheikh Khalifa Excellence Award, (SKEA), is awarded to companies that have tangibly demonstrated superior organizational excellence through a process of rigouress assessment.

His Excellency Eissa Al Suwaidi, Chairman of Abu Dhabi Commercial Bank commented on the award received by saying On behalf of ADCB, we are honored to have received such a prestigious award. This reaffirms our commitment to providing our customers with the best products backed up by superior service through a system of best practice international standards.

Commenting on ADCB receiving the Award, Mr. Alaa Eraiqat, CEO of ADCB said ADCB has firmly established itself as a symbol of ambition, quality, transparency and innovation over the past few years so we are delighted to receive this recognition from the highest official level. Profitability is not the sole measure of success and winning this award is testament to our ambitions for operational and organizational excellence.

This is the latest award in ADCBs ever growing trophy cabinet, having recently received many international awards and accolades, such as the Best Retail Bank in the UAE and the Gulf States from the Asian Banker magazine, Most Innovative Islamic Finance Deals Award from The Asset magazine, and the Corporate Governance Award from the Hawkama Institute for Corporate Governance.

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