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National Bank of Abu Dhabi (NBAD) has won the 2009 Best Investors Relations Company Award for UAE listed companies from the Middle East Investor Relations Society.
NBAD emerged as the winner following its nomination along with five other UAE companies that had been nominated for the award. It was voted as the best in a survey of fund managers and analysts conducted by Thomson Reuters’ Extel Surveys, which was commissioned by Middle East Investor Relations Society.
"We are delighted that National Bank of Abu Dhabi (NBAD) has been awarded the Best Investors Relations Company Award" said Michael Tomalin, NBAD’s Group Chief Executive.
"We consider this award to be a valuable recognition of NBAD’s commitment to the principles of transparency and corporate governance. Successive Boards of Directors have always ensured that the bank adhered to the highest standards of corporate governance and corporate responsibility by translating their intent into a regimen of exemplary practices," he added.
"The UAE, its economy and markets continue to advance in global significance and the country has become a major centre of trade and commerce. Therefore, it is fundamental that the standards of corporate governance should be of a world-class level, something we strive for here at NBAD," said Ms. Amelia Soares, Head of Investor Relations and Corporate Affairs at NBAD.
Abhishek Kumat, from Investor Relations Department at NBAD, accepted the award on behalf of the bank.
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