FAB named 'Most Innovative Investment Bank'

11/09/2017 08:26 AST

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has been named ‘Most Innovative Investment Bank’ for the Mena region, at The Banker’s prestigious 2017 Investment Banking Awards.

FAB representatives received the award at a ceremony which was recently held in London, taking home the magazine’s only Investment Banking Award for the entire Mena region.

The Banker’s Investment Banking Awards recognise and reward the industry players which have delivered the most innovative and transformative solutions for their clients and the broader market place over the past 12 months, through pioneering deals, products and advice that has helped to pave the way for stronger, safer and more inclusive investment banking.

André Sayegh, FAB Deputy Group CEO and Acting Group Head of Corporate and Investment Banking, said: “We are proud to be receiving this award for the second year in a row - a title which serves as a testament to the innovation and creativity of our Corporate and Investment Banking franchise, and as a recognition of our market-leading position in the Mena region.”

Sayegh continued: “Throughout the past year, we have achieved a lot having successfully led many transactions for the region's top names, whilst additionally leading deals for international clients looking for access to Mena markets and investors. Looking ahead, we will continue to support the ambitions of our local, regional and international clients, meeting their needs across products and geographies, as we grow stronger, together.”

FAB has received a number of awards and recognitions since FGB and NBAD merged earlier this year. The awards are based on the outstanding achievements and accomplishments of both banks. FAB is proud to carry the legacies of two of the UAE’s leading financial institutions, as it celebrates a new joint identity and vision to grow stronger.

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