Ajman Bank COO inducted into Who’s Who of Financial Technology, Middle East 2011

Press release

Published July 6th, 2011 - 10:26 GMT

Ashraf Shokry, Chief Operating Officer of Ajman Bank receiving the Who’s Who of Financial Technology award

Ashraf Shokry, Chief Operating Officer of Ajman Bank, was today inducted into the Who’s Who of Financial Technology-Middle East 2011. The accolade from the World Development Forum, organisers of the Financial Technology Summit Middle East, recognised Shokry’s dedication, leadership and excellence in financial technology.

Commenting on this selection, Khaled Eid, CEO of the World Development Forum and founder of the Financial Technology Summit, said: “The induction of Ashraf Shokry recognises his commitment to excellence in financial technology and the leading role he is playing to bring business value to the financial industry through the effective use of Information Technology.”

“Ashraf presented a paper on QR Codes at this year’s Financial Technology Summit, explaining how a new innovative technology with low implementation costs has added great value to Ajman Bank. The paper was rated as one of the summit’s best sessions as it inspired the audience and showed them how technology and innovation can make difference. I would like welcome Ashraf to the prestigious group of Who’s Who of Financial Technology and I am confident that this gathering of leading minds will bring added value and innovation to the industry and the region,” concluded Eid.

Shokry said: “Ajman Bank is committed to transforming the offering and experience of Islamic banking. Central to this goal is the adoption of leading-edge financial technology that enhances the customer experience. I thank the World Development Forum for recognising Ajman Bank’s commitment to innovation, and I look forward to working with my industry peers as we strive to stay at the forefront of financial technology.”

Ashraf Shokry joined Ajman Bank in June 2008 as CIO, and now holds the position of Chief Operating Officer. Mr. Shokry has more than 22 years of experience in banking and non-banking operation and information technology. Before Ajman Bank, he was Head of IT at Khaleeji Commercial Bank and Bahrain Islamic Bank in Bahrain. Shokry holds a bachelor’s degree in Electronics & Communication Engineering and a master’s degree in Computer Science, in addition to many certifications from international bodies.

Background Information

Ajman Bank

Ajman Bank is a young, agile Islamic commercial bank that provides a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market’s best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate’s economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organisation in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.