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2011 "ADCB Ambition Award" nominations open to recognise the UAE's most inspiring women

13 July 2011

ADCB asks ambitious women of the UAE to nominate themselves for the USD 10,000 prize, plus more . . .

Abu Dhabi, 13 July 2011: Abu Dhabi Commercial Bank ("ADCB") has announced that the third annual "ADCB Ambition Award" competition opened on 1st July, 2011. The award forms part of the Emirates Woman, Woman of the Year Awards 2011 in association with ADCB and aims to reward ambitious, driven women across the UAE who have a vision for a business or community project that will make a difference. The winning finalist will be announced at the Emirates Woman, Woman of the Year Awards 2011 in association with ADCB in November this year, one of the UAE's most prestigious annual events.

The ADCB Ambition Award is open to UAE nationals and residents over the age of 18 who not only demonstrate initiative, but who have a plan to positively influence the fields of philanthropy or entrepreneurship through visionary projects. Women in the UAE are encouraged to nominate themselves and tell ADCB in 500 words their greatest entrepreneurial or community improvement ambitions and the steps they are taking to achieve it their goals. The top 15 candidates will be shortlisted to go forward for public vote and the top five publically voted women will present their idea in front of the ADCB Ambition Award panel, which includes members from ADCB, Motivate, INSEAD and last year's ADCB Ambition Award winner, on the 9th October 2011.

Martin Scott, Chief Marketing Officer at ADCB, said: "The ADCB Ambition Award represents our branding and core belief in the importance of supporting and stimulating ambition within the UAE. With both the funds and educational tools to make a dream a reality, we believe the ADCB Ambition Award will highlight and recognise clear talent and drive from all walks of life.

"We are very proud to champion our pivotal values through the Award and encourage all women with a goal to pursue their ambitions with passion and conviction."

Ian Fairservice, Managing Partner and Group Editor of Motivate Publishing commented: "The ADCB Ambition Award is an important and very exciting part of the Emirates Woman - Woman of the Year Awards, giving an extraordinary achiever the chance to take a step closer to realising their dreams."

Javier Gimeno, INSEAD Dean of Executive MBA Programmes, commented: "We are delighted to participate in the ADCB Ambition Award again for the second year in a row, and support the development of entrepreneurial activities of women in the UAE. Last year we saw a high number of intelligent and inspiring applicants. By participating in an entrepreneurship course along our participants of the INSEAD Global Executive MBA programme, we hope to provide the winner with knowledge and contacts to pursue her future business ambition. We look forward to recognising the 2011 nominees and wish each entrant the best of luck."

The winner of the ADCB Ambition Award will receive a prize of USD $10,000 from ADCB, investment advice, and vouchers worth AED 2,000 to Burjuman Mall in Dubai, as well as a place on an INSEAD Key Management Challenge which takes place on their Abu Dhabi campus. The Key Management Challenge is a module of the INSEAD Global Executive MBA programme, ranked fourth in the world by the Financial Times. Last year's award winner, Emily Cheyne, was able to develop her website for her business Know How Life and also cultivate her marketing plan and advertising strategy with the help of the cash injection from ADCB. Emily will take her place in the INSEAD Key Management Challenge in October this year and firmly believes the course will enable her to run her business with even more innovation.

Nominations for The ADCB Ambition Award opened on the 1st July 2011 and will remain open until the 15th August 2011. To enter the Award or for more information please visit www.adcb.com/ambitionaward.