It is announced in Dubai last week the winning of Mr. Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group the Excellence Award in the Arab region for the category of "Wise Leadership in the field of Arab banking sector for 2012" granted by the Arab Administrative Development Organization- the Arab League in cooperation with the TatweejAcademy for Excellence Awards in the Arab region . Mr. Adnan Ahmed Yousif received the Purple Ribbon adorned by the Golden Order of Merit with a certificate of privilege in the field of "Wise Leadership in the field of banking sector in the Arab world" in the great coronation ceremony organized under the auspices of His Royal Highness Sheikh Hamdan bin Mohammed bin Rashid Al MaktoumCrown Prince and Chairman of the Executive Council of Dubai and attendance of a number of Arab ministers and ambassadors, and senior officials of banks, financial institutions, companies and invitees. This first event of its kind in the Arab world aims to highlight the role of Arab personalities and leaders who contributed in providing excellent initiatives and achievements in the areas of their businesses. The coronation program also includes highlighting the role of companies winning certificates of excellence in the Arab world and the international quality certificate ISO, specifically at this stage of the Arab region, in order to transfer a positive image of young leaders and show their cultural identity and their commitment to international standards aimed at developing management techniques and wise leadership. On the occasion of winning this Arab distinguished Award Mr. Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group said "while I express my deep pride of this prestigious award, I consider this achievement is not personally to me, but also an achievement for the Kingdom of Bahrain, which devoted a long and rich experience in Arab, Islamic and international banking field, that created favorable conditions for the emergence of banking leaders. It is also a testament to our Islamic banking approach, which is committed to provide products and services that make a real contribution in development of communities in which we operate within the framework of wise and prudent business strategies. I share all my colleagues in Al Baraka Banking Group and our units in this achievement and I consider it as recognition of their efforts " Al Baraka Banking Group is a Bahrain Joint Stock Company Licensed as an Islamic Wholesale Bank by Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic bank providing its unique services to around one billion people and with Standard and Poor's investment grade long term counterparty credit rating of BBB- / A-3 (Short Term). Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of Al Baraka is US$1.5 billion, while total equity amounts to about US$ 1.9 billion. The Group has a wide geographical presence in the form of subsidiary banking Units and representative offices in fifteen countries, which in turn provide their services through more than 400 branches. Al Baraka is currently having a strong presence in Jordan, Tunisia, Sudan, Turkey, Bahrain, Egypt, Algeria, Pakistan, South Africa, Lebanon, Syria, Indonesia, Libya, Iraq and Saudi Arabia.
