Dubai Bank Wins Banker of the Year Award

[newsroom]

DUBAI, - The Islamic Business & Finance Award 2008 awarded the CEO of Dubai Bank, Mr. Salaam Al Shaksy with the Banker of the Year award 2008 at a Gala ceremony held at the Emirates Towers in Dubai on 13th January, 2009. The award recognized Mr. Al Shaksy's leadership, as a fundamental reason for Dubai Bank's achievements in innovation and excellence, within the global Islamic finance industry.

The Islamic Business & Finance Awards recognize superior performance, innovation and development and the quality of management among the most forward thinking establishments within the Islamic finance industry. Winners are selected by a panel of world-renowned financial experts and the readers of Islamic Business & Finance Magazine.

Speaking at the awards ceremony, Robin Amlot, Managing Editor of CPI Financial, said: "We are proud to organize this prestigious event, highlighting the progress of Islamic finance. As 'Banker of The Year', Salaam Al Shaksy is acknowledged as one of the global leaders of the industry."

Congratulating Mr. Al Shaksy on his award, Mr. Fadel Al Ali, Chairman of Dubai Bank said,

"2008 was a successful year for Dubai Bank, in spite of the extremely challenging and unpredictable global environment. This success has depended on effective leadership and focussed strategic planning and I congratulate Salaam on his contribution towards making Dubai Bank and Dubai Banking Group a success. I believe this award recognizes not only Salaam's achievements but also serves as recognition for Dubai Bank as an institution which continues to thrive, even in tough market conditions."

Accepting the award, Mr. Al Shaksy thanked the jury and stated, "This achievement is the result of our all rounded efforts and the dedication to service demonstrated by the people of Dubai Bank. I would like to take this opportunity to thank our Chairman, Mr. Fadel Al Ali and the Board for their leadership and every employee of the bank for their support. This is an exciting time for Islamic Banking, with an abundance of opportunities for us to further challenge the conventional players".

Mr. Al Shaksy, who has over 23 years of banking experience, joined Dubai Bank in 2008. He is currently CEO of Dubai Banking Group and Dubai Bank. Under his leadership Dubai Bank launched a number of innovative products and services including the UAE's first functionality rich mobile banking service. Prior to joining Dubai Bank, Mr. Al Shaksy held several high profile positions with leading organizations across the region, including that of CEO of Dubai Banking Group and Deputy CEO of Bank Dhofar. His other high profile positions include that of Board Member, Bank Islam, Malaysia, Vice Chairman, Dubai First, Chairman, Oman National Investment Corporation Holding, and Vice Chairman of Shell Oman Marketing.