First Gulf Bank (FGB), one of the major leading banks in the UAE, was recently named ‘New Market Trailblazer of the Year’ at the prestigious 2014 MENA Insurance Awards ceremony, which was held at The Address Hotel in Downtown Dubai.
The awards were hosted by MENA Insurance Review Magazine and designed to reward top performing insurance players from across the region. Judged by an independent panel of industry experts, FGB was shortlisted for the award in December 2013 and scooped the accolade thanks to its strong customer relationship management and demonstrable growth strategy.
The award also acknowledges the active role played by FGB’s insurance division in driving growth within the sector through the continued development and launch of innovative products and services.
Girish Advani, Head of Mass Market Segment at FGB, said: “Insurance business is all about trust – the trust customers and stakeholders have in our products, services and innovative capability. This award is a true reflection of this.”
The bank’s ‘New Market Trailblazer of the Year’ award-win quickly follows recognition from The Banker magazine, which named FGB as UAE Bank of the Year 2013. During 2013, FGB was also named ‘Best Bank in the United Arab Emirates’ and ‘Best Bancassurance’ at the Banker Middle East Industry Awards, as well as ‘Best Local Bank in the United Arab Emirates’ for the second year running during EMEA Finance’s Annual Middle East Banking Awards. FGB additionally scooped the title of ‘Company of the Year’ and André Sayegh was named ‘CEO of the Year’ at the Gulf Business Industry Awards 2013.