ABK wins «Best Corporate Governance Bank» from Global Business Outlook

Al-Ahli Bank of Kuwait (ABK) is proud to announce its achievement at the Global Business Outlook Awards where the Bank was honored with the title of ‘Best Corporate Governance Bank’. The awards ceremony, held at Jumeirah Emirates Tower, celebrated ABK’s excellence and innovation in the banking and financial sector.

Receiving this accolade is a testament to ABK’s unwavering commitment to upholding the highest standards of corporate governance in the banking sector. Commenting on this achievement, Sana Al-Saqabi, Acting Chief Compliance Officer and Corporate Governance at ABK, said, “We are pleased to receive this recognition which reflects our dedication to maintaining sound corporate governance frameworks and instilling the integrity, transparency, and responsibility values in our culture so as to reinforce the bank’s position as a leading financial institution.”

This award affirms ABK’s continuous efforts in ensuring the highest standards of professional conduct in all its transactions. The bank seeks to adhere to the instructions of the Central Bank of Kuwait regarding the rules and regulations of corporate governance in Kuwaiti banks and adopt them as an institutional culture, and not just as regulatory instructions. Al-Saqabi continued, “It underscores the bank’s commitment to safeguarding shareholders, investors, and stakeholders’ interests and fostering long-term sustainability as part of our ongoing pursuit of excellence in governance.”

This award is one of many accomplishments and accolades that ABK has received this year, adding to the Bank’s impressive track record of years of achievements. In the past year alone, ABK has been recognized for its outstanding performance, innovation, and commitment to excellence in the banking industry across human resources, retail, governance, and corporate banking.

This accomplishment reinforces ABK’s position as a leader in promoting good governance practices within the financial industry. Al-Saqabi concluded, “By setting an exemplary benchmark, ABK aims to inspire and influence its peers and the wider financial community to prioritize and elevate governance standards, thereby contributing to the overall health and stability of the financial sector.”