XM.com: Outstanding Global Forex Broker

XM.com, an acclaimed online broker, specialises in forex and CFD trading on stocks, commodities, indices, metals, and energies. Established with a commitment to providing superior trading solutions, XM.com has consistently expanded its global reach and technological prowess, setting benchmarks in the industry. Its platforms offer comprehensive trading tools, real-time market analysis, and access to global financial markets. Notably, XM.com supports diverse trading strategies and caters to a wide range of traders, from novices to experienced professionals. It does so by offering flexible account types, tight spreads, and no re-quotes. According to a highly impressed awards judging panel, “XM.com’s dedication to providing innovative educational resources underscores a commitment to client empowerment and trading excellence. Furthermore, as a broker regulated by multiple financial authorities, XM.com maintains stringent compliance standards, ensuring reliability and trust.” Its user-friendly online platforms are designed for optimal trading efficiency, and they are equipped with advanced security measures to safeguard trader information and funds. The continuous and dedicated investment in customer support and platform technology illustrates XM.com’s leadership in adapting sensitively and promptly to the dynamic needs of global trading environments. Its strategy not only enhances user experience but also strengthens its reputation as leader in the competitive forex brokerage landscape. 2023 saw XM.com maintaining a robust growth trajectory, affirming their position as a significant player in the global market. Reflecting on these achievements and market impact, the panel concludes that it is evident why XM.com has earned recognition in 2024 as Outstanding Global Forex Broker.


XM.com: Outstanding Customer Service Global 2024

The pursuit of outstanding customer service lies at the heart of this broker’s offering. XM.com stands as a prominent online trading broker offering extensive resources in forex and CFDs on stocks, commodities, indices, metals, and energies. Renowned for its technological innovation and client-centric approach, XM.com provides a trading environment that is both supportive and efficient, prioritising customer satisfaction. Its commitment to customer service is reflected in XM.com’s 24/5 availability, providing traders around the globe with constant support through live chat, email, and by phone. The multilingual support team is trained to address a variety of issues promptly and accurately, ensuring a seamless trading experience for all its users. XM.com has developed a reputation for resolving queries and providing market insights and technical support, thereby enhancing the trading capabilities of all clients. It offers tailored educational materials aimed at enriching traders' knowledge and skills, further supporting a strategy of fostering informed and confident traders. This approach is not only about addressing immediate customer needs but also about building long-term relationships based on trust and transparency. XM.com’s dedicated efforts in service improvement are continually recognised by the trading community, reflecting its commitment to excellence and client satisfaction. XM.com's robust framework for client support has set a standard in the industry, leading to a consistent increase in client retention and satisfaction. The 2024 award of Outstanding Customer Service (Global) to XM.com is a further testament to its unwavering dedication to clients and an exemplary service-first philosophy always.


Banca Widiba: Best Digital Bank Italy 2024

Banca Widiba has shown a strong commitment to excellence and customer satisfaction since its inception ten years ago. The bank manages over €10 bn in assets and serves 280,000 retail customers with a satisfaction rate of 4.85 out of 5. Banca Widiba is a 100 percent digital bank, offering a complete range of services through a seamless digital platform. This integration extends to 565 financial advisors across Italy, combining digital efficiency with personalised human interaction, earning the nickname "The Human Digital Bank." The bank's dedication to innovation is reflected in numerous awards. Banca Widiba excels in ESG initiatives, integrating sustainable practices across its operations. The bank prides itself on a diverse leadership team, with women comprising 80 percent of its senior directors. This commitment to diversity is supported by research with top universities like the Catholic University of Milan, focusing on gender diversity in financial advisory roles. The bank's robust financial health is highlighted by a return on equity exceeding 30 percent, a cost-income ratio of 45 percent and a CET1 ratio double the regulatory minimum. Banca Widiba's unique positioning within the historic Monte dei Paschi di Siena group enables it to leverage tradition with cutting-edge technology, ensuring it remains at the forefront of banking innovation. The bank's approach to customer experience is pioneering, evidenced by its crowdsourced name "Widiba," reflecting the ethos of engaging customers in meaningful dialogue. The judging Panel congratulates Banca Widiba on the 2024 award Best Digital Bank (Italy).


United Financial Investments (UFICO): Market Leadership in Financial Advisory Services Jordan 2024

United Financial Investments (UFICO) has solidified its position as a leader in Jordan's financial advisory sector through a strategic focus on innovation and market consolidation. Established in the late 1980s, UFICO has consistently adapted to the evolving financial landscape, ensuring its services remain relevant and comprehensive. Under the current CEO, the company has pursued significant growth through three major acquisitions in the past two years, expanding its shareholder base and service capabilities. These strategic moves have enabled UFICO to become the largest financial services provider in Jordan, enhancing its offerings in corporate finance and brokerage services. Notably, the company has led the issuance of $275m in bonds, a significant achievement in the Jordanian market, alongside assisting private companies with debt and equity placements. UFICO has also embraced technological advancements, implementing online onboarding solutions and preparing to launch innovative financial products tailored to the Jordanian market. The company prides itself on a diverse team with extensive experience, and it has made substantial commitments to corporate social responsibility. Recent initiatives include the launch of an international trading application, facilitated by a strategic acquisition to obtain the necessary licensing. With a solid team and a forward-thinking approach, UFICO is well-positioned to navigate the future of financial advisory services in Jordan, ensuring continuous growth and maximising client satisfaction. The CFI.co Judging Panel congratulates United Financial Investments on its progress and winning the 2024 award for Market Leadership in Financial Advisory Services (Jordan).


Artico Equity Team - Serafin Asset Management: Best Sustainable Equity Fund Manager Switzerland 2024

Artico Equity Team, operating under Serafin Asset Management, has emerged as a leader in sustainable investment with its innovative approach integrating high fundamental quality, outstanding ESG scores, and Paris-aligned decarbonisation path within a single portfolio. Since 2021, Artico has ensured all its funds are classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR), emphasising the reduction of greenhouse gas emissions. Artico’s strategy allows investors to transition from non-sustainable global equities to sustainable investments without sacrificing returns. The firm’s systematic approach ensures higher impact by shifting asset allocations towards sustainability and decarbonisation while maintaining strong financial performance.  Artico formed a strategic alliance with Serafin Asset Management, a family-owned business, in 2023. This partnership enables Artico to join a larger team and benefit from enhanced distribution effectiveness. The collaboration is expected to amplify Artico’s market reach as the funds transition to UCITS status, making them accessible to many more investors. This move should attract new business and strengthen Artico’s position as a notable sustainable equity fund manager. Artico's unique proposition lies in combining high fundamental quality, exceptional ESG performance, and a Paris-aligned decarbonisation pathway, ensuring robust performance is maintained. With the transition to UCITS and the partnership with Serafin, Artico is poised to expand its influence and drive growth in sustainable investing. The CFI.co Judging Panel congratulates Artico Equity Team - Serafin Asset Management on winning the 2024 award Best Sustainable Equity Fund Manager (Switzerland).


Anthemis Group: Champion of FinTech Ecosystem Development Global 2024

Anthemis Group has been at the forefront of FinTech innovation, playing a pivotal role in shaping the financial services landscape. Founded in 2010, it has been instrumental in fostering the development of a dynamic and inclusive FinTech ecosystem. Anthemis has created a distinctive investment platform that focuses on nurturing startups poised to revolutionise financial services through digital technology. The firm’s commitment to diversity and inclusion is evident in its investment strategies, with significant capital directed towards companies led by women and people of colour. Anthemis’s unique approach combines capital deployment with strategic advisory services, enabling startups to not only receive financial backing but also benefit from expertise in scaling and navigating complex regulatory environments. The company’s deep-rooted belief in collaboration has led to strong partnerships with major financial institutions, facilitating a seamless integration of innovative FinTech solutions into the traditional financial sector. Anthemis’s influence extends beyond investment, actively contributing to thought leadership and policy discussions that shape the future of financial technology. Its vision of creating a more inclusive and innovative financial ecosystem is realised through a carefully curated portfolio of over 250 companies, each contributing to the transformation of the industry. Anthemis’s leadership in the FinTech space is underpinned by a steadfast commitment to sustainable and ethical investment practices, ensuring that its impact is not only transformative but also socially responsible. The CFI.co Judging Panel congratulates Anthemis Group on winning the 2024 award for Champion of FinTech Ecosystem Development (Global).


AvaTrade: Outstanding Regulated Online Broker 2024

AvaTrade is a distinguished online trading broker, offering a wide array of financial instruments including CFDs, stocks, FX, bonds, indices, ETFs, commodities, and cryptocurrencies. Since its inception in 2006, AvaTrade has expanded globally, establishing a significant presence in numerous countries. UK traders benefit from additional options such as spread betting. AvaTrade is committed to providing comprehensive support to traders of all levels through its various platforms, including WebTrader, MT4/5, DupliTrade, and AvaOptions, as well as mobile trading via the AvaOptions and AvaSocial apps. Renowned for being highly regulated, AvaTrade operates under the strict supervision of multiple top-tier financial authorities such as the Central Bank of Ireland, ASIC, and FSA. The company's innovative AvaTradeGO mobile app offers a seamless trading experience, featuring advanced yet user-friendly charts and numerous indicators. AvaTrade also integrates the Trading Central tool, providing traders with expert market analysis and insights. The AvaProtect™ risk management tool ensures trades are shielded from losses within the protection period, enhancing trader confidence. Educational resources are a key focus, with the AvaTrade Academy offering courses and quizzes tailored to traders of all levels. The company's YouTube channel and daily market updates further support trader education. AvaTrade's partnership with Aston Martin Aramco Cognizant Formula One® Team underscores its dedication to excellence and innovation. AvaTrade’s Trading Signals feature, powered by Trading Central, identifies high-profit opportunities. AvaTrade’s multilingual help desk operates 24/7. The CFI.co Judging Panel heartily congratulates AvaTrade on winning the 2024 award for Outstanding Regulated Online Broker.


Oliver Libby: Impact Investing Trailblazer 2024

[caption id="attachment_12437" align="aligncenter" width="900"] Oliver Libby[/caption]

Oliver Libby, Co-Founder and Managing Partner of H/L Ventures has profoundly influenced impact investing. Since founding H/L Ventures in 2009, Oliver has been instrumental in championing high-growth entrepreneurs, often from underrepresented backgrounds, who aspire to create ventures that benefit both people and the planet. With a commitment to diversity, the executive teams of H/L Ventures' portfolio companies are among the most diverse in the venture capital industry, reflecting Oliver’s dedication to inclusive entrepreneurship. Under his leadership, H/L Ventures has developed a distinctive approach of Daily Active Engagement, which involves providing continuous support to portfolio companies, facilitating business development, talent acquisition, and strategic advice. This hands-on methodology, supported by a core team of nearly 70 professionals and an expert network of approximately 300, has set a new standard in venture capital, fostering deep connections that enhance potential success and returns. Notable companies within H/L’s portfolio include Automotus, Group Black, and Sealed, each exemplifying the firm’s ethos of impactful and sustainable growth. Additionally, Oliver co-founded The Resolution Project in 2007, a non-profit that has launched over 700 young social entrepreneurs across 85 countries. The project supports student entrepreneurs with initial funding and mentorship, contributing to a significant positive impact on over six million people globally. Furthermore, Oliver's foresight and commitment have made H/L Ventures a leader in the field of impact investing, continuously setting new benchmarks for socially responsible entrepreneurship. The CFI.co Judging Panel congratulates Oliver Libby on winning the 2024 award for Impact Investing Trailblazer.


Square Asset Management S.A: Best Real Estate Fund Manager Iberia 2024

Headquartered in Lisbon, Square Asset Management has created an enviable track record over its 18 years of conducting business, and with 1.9bn Euros under management, now accounts for 13 percent of its domestic market share. Our winner is the largest real estate fund asset manager in Portugal and manages the biggest Iberian real estate open-ended investment fund. According to the judging panel, “Because Square’s flagship fund, CA Património Crescente has never reported a negative return since its establishment, and has an outstanding team of 70 top professionals, this manager has been relentlessly recognised as a leader in its industry and has the awards to prove it.” CEO Pedro Coelho has many years of relevant real estate experience and espouses the values of independency, reliability and professionalism. Many of the major Portuguese and international corporates rely on Square, and benefit significantly because of these cherished values. Smaller investors are welcome in our conservative and low-volatility approach towards investments. Looking forward, Square wants to grow its business in Spain and is seeking out a distributor in that country. The panel goes on to say, “A partnership of this kind with Square is likely to be highly productive for the fund manager’s Spanish counterpart, because of this winner’s outstanding achievements and consistent, well-deserved reputation for excellence.” The panel expects to see more great results coming from Square Asset Management S.A and, without hesitation, confirms the 2024 award Best Real Estate Fund Manager (Iberia).


Golomt Bank: Best Bank Mongolia 2024

Established in 1995, Golomt Bank has emerged as a cornerstone of Mongolia’s financial landscape, serving over 1,000,000 customers with comprehensive array of banking solutions tailored to both individual and corporate needs. As Mongolia’s third-largest commercial bank, it boasts an extensive network of 100 branches across the nation, ensuring widespread accessibility and convenience. The bank has been a pioneer in digital banking in Mongolia, introducing a variety of online and mobile banking services that highlight its dedication to customer convenience and technological innovation. Its diverse product offerings include conventional banking services alongside specialized financial solutions like loans to supports woman entrepreneurs, green loans, the first fintech service SocialPay digital wallet, and educated packages designed specifically for the youth, under the Junior brand. These initiatives are part of Golomt Bank’s broader commitment to sustainable banking, evident in its provision of environmentally friendly loans that support responsible financial growth. On the corporate side, the bank offers an array of services ranging from trade finance to bespoke digital product training, all tailored to enhance efficiency and security for business operations. Golomt Bank has also expanded its footprint in international markets, facilitating seamless global transactions for Mongolian companies with reliable and secure payment solutions. The Bank’s recent publication of its unaudited financial results for the first quarter of 2024 further underscores its commitment to transparency and prudent financial management. The panel confirms that this steadfast dedication to innovation, client satisfaction, and sustainable banking practices firmly established Golomt Bank as the rightful recipient of the 2024 award Best Bank (Mongolia).


XMTrading: Most Transparent Broker Global 2024

XMTrading, a leading online forex and CFD broker, has established a commanding presence in the financial trading industry. Founded in2015, XMTrading operates on a global scale, providing outstanding services to clients in over 100 countries. The company is headquartered in Cyprus, with additional offices in the key financial hubs around the world, ensuring a broad reach and a strong connection with its clients. XMTrading's commitment to transparency is reflected in its open communication with clients, providing detailed information on fees, costs, and how the broker earns revenue. This level of openness extends to the company's risk management practices and financial stability. XMTrading's extensive client base, exceeding two million clients, gives clear evidence of the trust and confidence it has earned over the years. The company's robust capital requirement ratios ensure financial stability, further contributing to its reputation as a reliable broker. The broker's dedication to maintaining clear communication and financial integrity has positioned it as a leader in the industry. XMTrading’s emphasis on transparency in all its dealings with clients is a key factor in its success. This approach not only strengthens its relationships with existing clients but also attracts new clients seeking a broker that prioritises honesty and reliability. According to the judging panel, XMTrading is a well-regulated broker that takes its responsibilities very seriously and deserves much praise. Its steadfast commitment to transparency has earned XMTrading the 2024 award Most Transparent Broker (Global).


XMTrading: Most Reliable Broker Global 2024

XMTrading is renowned for its commitment to reliability and transparency in the global trading landscape. The company, established in 2015 and headquartered in Cyprus, has earned an outstanding reputation, and offers sterling services to more than two million clients worldwide. Its focus on ensuring that clients have clear and transparent information at their fingertips is at the core of its operations, from detailing fee structures to explaining its revenue-generating methods. The company’s robust financial resources and stringent risk management practices further solidify its reputation for reliability. This is underpinned by maintaining the healthiest capital requirement ratios in the industry, a testament to XMTrading’s commitment to financial stability. The broker’s dedication to meeting and exceeding regulatory standards has contributed to its impressive client base and operational longevity. Beyond the numbers, XMTrading invests heavily in educational resources and customer support, ensuring that clients receive the guidance and assistance they need at every step of their trading journey. The company’s considered, thoughtful, and intelligent approach fosters trust and long-term relationships with clients across diverse regions, contributing to well-earned status as a leading and responsible global broker. The judging panel, applauding XMTrading  this year, comments that, “Its unwavering dedication to reliability and transparency in all its dealings is exemplary.” XMTrading's success in attracting a vast clientele while adhering to best practices and encouraging open and honest dialogue with clients has led to its recognition in 2024 as Most Reliable Broker (Global).


XMTrading: Best Forex Broker Asia 2024

XMTrading has emerged as a leader in the forex industry, earning a reputation for exceptional customer service, with a dedicated Customer Experience team of over 70 professionals who provide superb support to clients. The company provides support through a wide range of modern media channels, including live chat, and email. This support is localised to the needs of each country, as reflected by the multiple languages offered on their website (including  Thai, Vietnamese,Japanese and South Korean).. The company doesn't just solve problems; it also offers  weekly educational webinars that provide valuable trading insights and a help center with over 300 frequently asked questions. XMTrading is dedicated to modernising its systems and improving turnaround times, with a commitment to providing the same level of service to every client, regardless of their background or experience. Their staff undergoes extensive training, ranging from three to six months — a unique practice in the industry. The company's ethos is centred around helping clients rather than viewing them as mere revenue sources, a mindset that has led to a formidable and truly impressive presence in the forex market.. It also supports various base currencies and allows traders to have accounts in Japanese yen. There is a no-deposit bonus for new Asian customers and a minimum deposit of just $5. Clients have the security of working with a highly regulated broker. XMTrading deservedly wins the 2024 award Best Forex Broker (Asia).


Albemarle Asset Management: Leader in Value-Driven Investment Strategies UK 2024

Albemarle Asset Management, a distinguished UK-based asset manager, has garnered recognition for its exceptional approach to value-driven investment strategies. The company's philosophy is rooted in a comprehensive understanding of the complex system in which it operates, acknowledging the inherent unpredictability of future market conditions. Albemarle's strategy is anchored on two fundamental pillars. The first pillar involves a pragmatic approach to navigating the multifaceted financial environment, leveraging simplicity, experience, and common sense to address the high interconnectivity of variables. The second pillar is a robust analytical framework, emphasising an in-depth understanding of investment targets through meticulous company valuations, management meetings, and on-site visits. This dual approach ensures a profound comprehension of both qualitative and quantitative aspects of potential investments. Albemarle's commitment to sustainability is evident in its stringent selection criteria, avoiding companies in Oil & Gas, Coal and Construction sectors. The company's commitment to ESG (Environmental, Social, and Governance) principles are substantiated by best-in-class Morningstar Sustainability ratings, underscoring its adherence to responsible investment practices and thought leadership in the industry. Its portfolios are concentrated, reflecting a "less is more" philosophy, with a focused selection of investments that have undergone rigorous scrutiny. Furthermore, Albemarle is planning to integrate artificial intelligence to enhance its investment decision-making processes, demonstrating a forward-looking vision in asset management. Albemarle’s plans reflect its truly innovative spirit and dedication to excellence. The CFI.co Judging Panel congratulates Albemarle Asset Management on winning the 2024 award for Leader in Value-Driven Investment Strategies (UK).


FLI Global Ltd: Best Environmental Solutions Partner Europe 2024

FLI Group has been delivering environmental engineering solutions for the private and public sector since 1989. The group comprises a diverse selection of firms pushing the boundaries in land remediation, water and wastewater management and treatment, geosynthetic linings and ecologically-focused engineering and manufacturing. In November 2023 VertaseFLI was the winner of the “Best Sustainable Re-Use of Materials” category in the UK environment analyst Brownfield Awards together with Arup, Vinci and Liverpool City Council for the Liverpool Festival Gardens Landfill remediation project. Circular economy principles are key to the group’s sustainability mandate, which permeates every aspect of its operations. FLI’s contributions to the Liverpool Festival Gardens Landfill remediation will help improve the region’s economic prospects, the community’s social well-being and the resilience of the environment. Another group member, FLI Precast, has been tasked with the design and offsite manufacturing of Europe’s largest underground drinking water reservoir. The new reservoir will boast a capacity of around 43 million litres of water, or about 17 Olympic-sized swimming pools, to future-proof water resources for approximately 250,000 properties. FLI Global is a future-forward company delivering solutions for a rapidly changing world. It shapes product development through continuous innovation to address the most urgent market needs, including rapid-build panelised systems to alleviate housing shortages across Ireland and the UK as well as coastal and river defence systems to cope with rising sea levels and flooding. The CFI.co judging panel presents repeat winner FLI Global with the 2024 Best Environmental Solutions Partner (Europe) award.


Vector Casa de Bolsa: Most Innovative Financial Broker Mexico 2023

This impressive broker dealer and wealth manager offers specialised products and services to institutional investors, companies, individuals, government, and foreign investors. The talented Vector teams provide a highly personalised advisory. Ethical considerations are of paramount importance at Vector and its risk management is exemplary. Vector avoids conflicts of interest. According to the judging panel, “Vector Casa de Bolsa rates highly as an innovator by developing and making sound use of technological advances. The firm invests heavily in AI which it believes to be of critical importance. Vector has a markedly cerebral approach, and its focus is on accuracy and precision, identifying trends and explaining the significance of global analytics. The firm’s products and services deliver world-class solutions”. Vector has received recognition from the financial industry, international award bodies and specialised publications. It is notable for having achieved several financial services “firsts” and is in the vanguard of its industry. Vector’s numbers are impressive with mutual funds nicely outpacing domestic industry averages. The firm has recorded pleasing growth in assets under management. The panel notes that, “Vector shows clear signs of achieving its vision to be a global benchmark for innovative financial solutions. We offer congratulations on its 50th anniversary, an occasion to reflect on some fine achievements. But we feel sure that Vector will spend more time looking to the future and planning further triumphs.” Vector Casa de Bolsa is 2023 winner of the award Most Innovative Financial Broker (Mexico).


National Bank of Greece: Best Corporate Governance Greece 2023

The National Bank of Greece (NBG) has begun to witness results from a transformation over five years in the making. Against a backdrop of geopolitical tensions, lingering pandemic impacts and climate crises, NBG has delivered another year of strong financial performance and responsible governance. The bank exited a restructuring plan in 2022 and has now entered a more extroverted phase. NBG aims to be a catalyst for growth, accelerating progress and prosperity for its clients and the country at large. It continues to push the boundaries of technology while maintaining a human focus. Artificial intelligence, robotics process automation and optical character readers are some of the more recent rollouts, but in-branch assistance will always be available for any tech-averse clients. The bank is committed to reducing its carbon footprint and has expanded perimeters for assessing and disclosing emissions associated with its activities. NBG is implementing science-based decarbonisation targets across carbon-intensive sectors and is earmarking an increasing amount of financing for renewable energy and transition projects. It introduced employee relief measures against the increased cost of living and a reward programme to protect mortgage holders against future increases in reference rates. NGB has established an innovation and sustainability committee to support its long-term vision and adopted ESG risk assessments for suppliers. It is collaborating with expert partners, including EVO Payments, to expand the offering. The CFI.co judging panel presents NBG — a repeat programme winner — with the 2023 award for Best Corporate Governance (Greece).


Boursa Kuwait: Best Capital Market ESG Strategy GCC 2023

Boursa Kuwait is dedicated to advancing sustainable practices within the local capital market, fostering an investment climate that attracts and nurtures sustainable investments. Central to its Corporate Sustainability strategy are the two pillars of Community and Environment.

The Community pillar highlights the company's commitment to social responsibility and ensures that all stakeholders are equipped with the essential knowledge and skills to make sound investment decisions while the Environment pillar focuses on minimising the adverse impact of operations and promoting best practices for environmental preservation.

Boursa Kuwait's initiatives include the publication of comprehensive ESG reports and the development of an ESG Reporting Guide, which supports listed companies in transparent reporting aligned with global standards.

By being a member of the United Nations-led Sustainable Stock Exchanges initiative, Boursa Kuwait promotes corporate sustainability and transparency. Boursa Kuwait’s commitment to these pillars is evident in its robust ESG strategies that align with the State of Kuwait’s national development plan and its “New Kuwait” vision. By fostering an investment environment that prioritises sustainability, Boursa Kuwait attracts a diverse range of participants and investments to the Kuwaiti capital market. Additionally, the company’s educational programs and community initiatives ensure that stakeholders are well-informed and engaged in sustainable practices.

These efforts have culminated in the recognition of Boursa Kuwait's exceptional contribution to the region's capital market sustainability, including its significant role in promoting environmental awareness and stewardship. Boursa Kuwait’s consistent efforts in these areas exemplify its leadership and vision for a sustainable future. The CFI.co Judging Panel congratulates Boursa Kuwait on winning the Best Capital Market ESG Strategy award for GCC (2023).


Boursa Kuwait: Outstanding Contribution to Financial Inclusion GCC 2023

Boursa Kuwait has significantly contributed to enhancing financial inclusion within the GCC region through its strategic initiatives aimed at developing a robust and inclusive capital market. By providing access to a wide range of investment opportunities and promoting financial literacy, Boursa Kuwait ensures that a variety of participants, including smaller investors, can engage effectively in the Kuwaiti capital market. The company's focus on transparency and regulatory enhancements further supports investor confidence and market integrity.

Boursa Kuwait's efforts are fully aligned with the State of Kuwait’s national development plan and its “New Kuwait” vision, which aims to transform the country into an important financial hub. The company’s workshops and educational programs play a crucial role in empowering local and regional investors with the knowledge necessary for informed decision-making.

Boursa Kuwait's proactive approach to financial inclusion demonstrates its commitment to building a more inclusive financial ecosystem. By facilitating access to financial markets and enhancing market participation, Boursa Kuwait is helping to bridge the gap between different economic segments. Its initiatives have not only increased market accessibility but also ensured that financial products and services are more widely available to the underbanked and underserved communities.

This comprehensive approach to financial inclusion has set a benchmark in the region, highlighting Boursa Kuwait’s leadership in driving financial inclusion. Boursa Kuwait’s continuous efforts in education, transparency, and accessibility exemplify its dedication to fostering an inclusive financial environment. The CFI.co Judging Panel congratulates Boursa Kuwait on winning the Outstanding Contribution to Financial Inclusion award for GCC (2023).


Boursa Kuwait: Outstanding Contribution to Female Empowerment MENA 2023

Boursa Kuwait is recognised for its exceptional contribution to female empowerment, reflecting its commitment to gender diversity and inclusion within capital markets. The company has implemented various initiatives aimed at supporting and promoting the role of women in the financial sector.

These initiatives include targeted training programs, mentorship opportunities, and policies that encourage female participation at all levels of the organisation. Boursa Kuwait's efforts are part of a broader strategy to foster a more inclusive workplace and empower women to take on leadership roles. By advocating for gender equality and providing platforms for women to excel, Boursa Kuwait contributes to the socio-economic development of the region. These initiatives are aligned with the global Sustainable Development Goals and support the State of Kuwait’s national development plan and its “New Kuwait” vision.

Boursa Kuwait’s commitment to female empowerment is reflected in its strategic objectives, ensuring that women have equal opportunities to succeed and lead. The company’s focus on diversity and inclusion not only enhances corporate performance but also drives innovation and growth. Through partnerships, community engagements, and policy advocacy, Boursa Kuwait is creating a supportive environment for women in the financial industry.

This comprehensive approach to empowerment has made significant strides in promoting gender equality in the workplace and beyond, underscoring Boursa Kuwait's leadership in this critical area. The company’s dedication to female empowerment serves as a model for others in the region. The CFI.co Judging Panel congratulates Boursa Kuwait on winning the Outstanding Contribution to Female Empowerment award for MENA (2023).


Parque Industrial Duarte: Outstanding Industrial Park Caribbean 2024

Parque Industrial Duarte stands as a testament to the foresight and innovation driving industrial growth in the Caribbean. Established in the 1990s by its founder who envisaged a dedicated industrial community free from the encroachment of residential developments, it has since blossomed into the largest industrial district in the Dominican Republic. With a sprawling 3.5 million square metres strategically located for optimal access to the US, Central America, and South America, the park plays a pivotal role in the region's economic landscape. It supports a diverse range of industries, including food, pharmaceuticals, and logistics, which have flourished, particularly during the challenges posed by the COVID-19 pandemic. The park’s catchy slogan, "Present Value for Your Industrial Future," highlights its focus on enduring impact and client success. The park's wholehearted commitment to sustainability is exemplified by its ongoing transition to an eco-industrial zone in collaboration with the United Nations Industrial Development Organization (UNIDO). This initiative aims to balance economic growth with environmental stewardship, ensuring that all stakeholders benefit equitably. The introduction of rental spaces has further diversified its offerings, attracting new clients who prefer leasing over purchasing. Parque Industrial Duarte also focuses on community engagement, reflecting its commitment to social responsibility. As it expands its footprint, including the development of a logistics park in Punta Cana, it remains a beacon of industrial progress and sustainable development. The CFI.co Judging Panel congratulates Parque Industrial Duarte on winning the 2024 award for Outstanding Industrial Park (Caribbean).


Federal Realty Investment Trust: Best ESG Real Estate Investment Strategy US 2024

This award to Federal Realty Investment Trust marks a significant milestone in its journey towards sustainable real estate investment practices. The judging panel is pleased to confirm that, “Federal’s considered and effective approach to ESG integration in real estate investment is comprehensive.”  It is underpinned by a meticulously crafted programme that features five fundamental pillars designed to navigate the complex landscape of environmental, social, and governance considerations. Notably, the company underscores the importance of attention to detail as a cornerstone of strategy implementation, recognising its pivotal role in ensuring the efficacy and integrity of its initiatives. The issuance of a green bond stands as testament to an unwavering commitment to environmentally sustainable investment practices, demonstrating a proactive stance in financing projects with positive environmental impacts. Federal Realty Investment Trust's steadfast dedication to ESG is deemed essential not only for achieving its sustainability objectives but also for maintaining its leading position within the highly competitive real estate industry. Furthermore, this independent verification solidifies Federal Realty Investment Trust's standing as an industry trailblazer: the largest publicly traded shopping centre company in the United States in terms of solar installations and enhancing the credibility of sustainability initiatives. Federal Realty Investment Trust's multifaceted approach to ESG integration exemplifies its unwavering commitment to driving positive change and fostering sustainability in real estate investment across the United States. The CFI.co Judging Panel congratulates Federal Realty Investment Trust on the well-deserved 2024 award Best ESG Real Estate Investment Strategy (US).


FIRSTavenue: Excellence in Private Funds Advisory UK 2024

FIRSTavenue, established in 2006, operates as a privately held partnership without external investors. The company is dedicated to two primary areas: raising capital for private funds and advising on associated secondary transactions. With a global team of 45 professionals, FIRSTavenue's success over the past 17 years is attributed to its focused approach, particularly within the private funds sector, targeting private credit and private infrastructure. This strategic focus aligns with industry growth trends. FIRSTavenue has pioneered early investments in these asset classes, especially post the 2008 global financial crisis, and has embraced new manager risks, supporting first-time funds that competitors often avoid. The company is known for providing insightful advice to general partners, ensuring the best interests of fundraising efforts. Identifying and capitalising on industry tailwinds has been crucial, with private credit and infrastructure emerging as significant asset classes. FIRSTavenue recognises the expansion of private fund investing globally, noting new centres of growth in Japan, Korea, Greater China, and parts of Latin America. The firm acknowledges the increasing importance of secondary markets, impact investing, and technological advancements like AI and blockchain in the private funds landscape. FIRSTavenue's commitment to innovation is evident in its strategies to navigate the evolving market. The company’s client-centric approach and global reach position it as a leader in the private funds advisory sector. The CFI.co Judging Panel congratulates FIRSTavenue on winning the 2024 award for Excellence in Private Funds Advisory (UK).


Mubasher Capital: Best Financial Trading Platform Middle East 2024

Mubasher Capital, established in Bahrain in 2007, has continually demonstrated its commitment to innovation and excellence in the financial trading sector. The company, licensed as a Category A investment company, offers an extensive range of financial services, including trading across 87 global markets, fixed income solutions, and treasury bills. Over the past year, Mubasher Capital has strategically transformed its objectives, focusing on becoming a leading investment firm. This strategic shift has not only expanded the company's market presence but also enabled the integration of cutting-edge technologies, significantly enhancing overall operational efficiency. One of the company's most notable achievements is the launch of its portfolio management division. This new division has delivered impressive results, allowing Mubasher Capital to engage more effectively with its clients and enrich their investment experience. The company's proprietary trading platform supports a wide range of trading activities and serves a diverse client base that includes investors from over a hundred nationalities. Mubasher Capital is committed to further enhancing its platform by incorporating artificial intelligence, focusing on robo-advisory and algorithmic trading. These advancements are expected to provide clients with unparalleled access to market insights and opportunities, reducing the time and effort required to make informed investment decisions. This forward-thinking approach ensures that Mubasher Capital remains at the forefront of the financial trading industry. The CFI.co Judging Panel congratulates Mubasher Capital on winning the 2024 award for Best Financial Trading Platform (Middle East).


Banco Azteca: Champion of Financial Literacy and Inclusion Mexico 2024

Banco Azteca, a leading financial institution in Mexico, distinguishes itself through an unwavering commitment to promoting financial literacy and inclusion. Established to provide formal financial services to underserved populations, Banco Azteca has provided financial services to approximately 33 million Mexicans, most of whom previously lacked access to these services. Recognising the widespread lack of financial education in Mexico and Latin America, the bank has developed comprehensive programmes to educate individuals about essential financial concepts such as savings, credit, and investment. Its flagship educational initiative, “Aprende y Crece” (Learn and Grow) (bancoazteca.com.mx/educacion-financiera.html y elearningbancoazteca.mx) has reached over 36.5 million people, making complex financial topics accessible through a variety of media, including digital platforms and interactive stories.

Banco Azteca's approach combines traditional and digital banking to meet the diverse needs of its clients, emphasising the importance of personal interaction and technological proficiency. The bank's efforts extend beyond financial services to include advocacy for integrating financial education into the national curriculum, recognising that early financial literacy can significantly impact lifelong financial health. Banco Azteca's innovative use of technology, including artificial intelligence and digital platforms, enables it to tailor educational and financial services to meet customers' unique needs, contributing to a more financially inclusive and secure society. The bank also addresses emerging challenges such as cybersecurity, ensuring its clients are well-equipped to navigate the digital financial landscape safely.

The CFI.co Judging Panel warmly congratulates Banco Azteca on winning the 2024 Award for Champion of Financial Literacy and Inclusion (Mexico).


KwaZulu-Natal Joint Municipal Pension/Provident Funds: Best Pension Fund Leadership South Africa 2024

The KwaZulu-Natal Joint Municipal Pension/Provident Funds (NJMPF), established in 1942, is a pivotal institution providing financial security to municipal employees across KwaZulu-Natal. As a self-administered, non-profit entity, NJMPF oversees three funds: the Superannuation and Retirement defined benefit funds, and the Provident defined contribution fund, serving 30,000 members in 55 municipalities. NJMPF’s stellar short and long-term investment performance has consistently enhanced member and pensioner benefits. Under CEO Bongi Mkhize, NJMPF exemplifies strong governance, surpassing national treasury standards and maintaining pristine audits. NJMPF’s proactive stance on legislative changes, such as the 1 September 2024 law enabling pre-retirement emergency fund access, includes a partnership with the Financial Sector Conduct Authority to deliver financial literacy seminars, ensuring members make informed decisions. NJMPF’s commitment to exemplary governance is further demonstrated through its robust member engagement and a dedicated team that works tirelessly to serve its members. Recognised as one of South Africa's awarded pension funds, NJMPF integrates best practices and robust member engagement, embodying the industry’s gold standard. The fund’s innovative approaches include the introduction of a low-cost living annuity product, tailored to provide affordable retirement income. This initiative, among others, underscores NJMPF’s dedication to improving retirement outcomes for members. NJMPF’s leadership in the pension fund sector is characterised by a democratic and participative management style, fostering a cohesive, co-operative work environment. The CFI.co Judging Panel congratulates KwaZulu-Natal Joint Municipal Pension/Provident Funds on winning the 2024 award for Best Pension Fund Leadership (South Africa).


KwaZulu-Natal Joint Municipal Pension/Provident Funds: Champion of Financial Literacy South Africa 2024

The KwaZulu-Natal Joint Municipal Pension/Provident Funds (NJMPF) stands as a beacon of financial literacy, vital in a region as large and diverse as KwaZulu-Natal. NJMPF’s initiatives are crucial given the new law effective from 1 September 2024, allowing early access to retirement savings for emergencies. The fund has launched an extensive financial literacy campaign in collaboration with the Financial Sector Conduct Authority, delivering workshops across municipalities. These seminars cover the new regulations, tax impacts, and administrative fees, promoting wise financial management. NJMPF’s support includes an information centre offering students a safe environment with access to books, internet, and homework assistance. This centre is essential in areas with limited educational infrastructure. Additionally, NJMPF partners with the National Credit Regulator to educate members on effective credit and debt management. These efforts ensure members are well-equipped to navigate their financial futures. NJMPF’s commitment to member education and innovative approaches underscores its outstanding leadership in financial literacy. NJMPF’s dedication to financial education is evident in its outreach efforts, which include roadshows and interactive digital platforms. The fund’s initiatives empower members with the knowledge to make informed financial decisions, particularly in light of the new legislation. By fostering a culture of financial literacy, NJMPF helps members manage their finances more effectively, reducing dependency on high-interest loans and improving overall financial wellbeing. The CFI.co Judging Panel congratulates KwaZulu-Natal Joint Municipal Pension/Provident Funds on winning the 2024 award for Champion of Financial Literacy (South Africa).


Eccelsa Aviation: Best Private Aviation Terminal Operator Europe 2024

Eccelsa Aviation, established in 2002, operates the sole Fixed Base Operation (FBO) in Olbia, Sardinia, and has distinguished itself through exemplary service to passengers and customers. The company has consistently invested in personnel and equipment to ensure the highest standards for all aircraft and passengers selecting Northern Sardinia as their destination. Eccelsa Aviation's dedicated terminal was meticulously designed to offer comfort, safety, security, and practicality, catering to the specific needs of its users. The team, comprising 55 highly trained professionals, provides round-the-clock service, ensuring that all requests are met, and that no arrival or departure is denied, even during peak periods when up to 200 private jet movements are experienced daily. This operational capability is unique within the Mediterranean and European regions, reflecting the company's commitment to excellence. Eccelsa Aviation's ability to handle private aviation traffic without limitations or airport restrictions is testament to its superior management and service quality. The company's dedication to the highest service standards ensures a seamless and efficient experience for all, contributing to the region's attractiveness as a premier holiday destination. The team’s attention to detail and customer-focused approach extends to offering bespoke services such as a concierge service and luxury transportation. The team’s commitment to service excellence and operational efficiency has solidified Eccelsa Aviation's reputation as a leader in the private aviation industry, consistently surpassing expectations. The CFI.co Judging Panel congratulates Eccelsa Aviation on winning the 2024 award for Best Private Aviation Terminal Operator (Europe).


IDFC FIRST Bank: Best Mobile Banking App India 2024

IDFC FIRST Bank has revolutionised the banking landscape in India with its innovative and customer-centric mobile banking app. Designed to cater to a diverse range of banking needs, the app boasts an intuitive user interface and user experience (UI/UX), facilitating seamless transactions and financial management. The app allows users to aggregate balances from various accounts, make investments, and set up goal-based investment plans, offering personalised financial advice based on individual risk profiles. One standout feature is its ability to provide a single view of all accounts, enhancing convenience for users. Additionally, the app's security measures, including SIM binding and real-time security checks, ensure robust protection of user data and financial information. The app's performance is also optimised with a 'lazy load' feature, enabling fast loading times and a smooth user experience. IDFC FIRST Bank's commitment to digital innovation is further evidenced by its top position in the issuance of FASTag, a product that uses RFID technology for toll payments. This achievement underscores the bank's capability to integrate cutting-edge technology with practical banking solutions. The app's comprehensive functionality extends to both the high-net-worth individuals and those at the bottom of the pyramid, ensuring world-class banking experiences across the spectrum. With over 70 percent of its customers actively using the app for most of their transactions, IDFC FIRST has set a high benchmark in digital banking. The CFI.co Judging Panel congratulates IDFC FIRST Bank on the 2024 award Best Mobile Banking App (India).


Türkiye Kalkınma ve Yatırım Bankası: Green Finance Innovator Award Türkiye 2024

Türkiye Kalkınma ve Yatırım Bankası plays a pivotal role in Türkiye’s financial landscape by aligning its operations with the country's long-term development plans. Specialising in medium and long-term credits, the bank collaborates with local financial institutions to secure funding for the private sector, helping businesses overcome challenges and enhance their capacity for green finance. The bank’s mission extends to capital market development through investment banking activities, aimed at product differentiation and deepening market volume. This includes providing advisory services to foster local and foreign direct investment, supporting companies making financial and business decisions. Türkiye Kalkınma ve Yatırım Bankası is also active in venture capital financing, managing multiple funds, and taking equity stakes in startups to support their growth from seed stage to SME. The bank uniquely focuses on sectors like renewable energy and carbon emission reduction, aligning with its commitment to ESG principles. It also facilitates the integration of refugees into the workforce and supports the IPO process for companies entering the capital markets. Distinct from other banks, Türkiye Kalkınma ve Yatırım Bankası has not financed coal projects in over 50 years and upholds a rigorous commitment to impact investment principles. By engaging in policy creation and maintaining a grievance redress mechanism, the bank ensures a positive environmental and social impact. Furthermore, the bank is committed to sustainable development goals, offering tailored financial solutions to meet evolving market needs. The CFI.co Judging Panel congratulates Türkiye Kalkınma ve Yatırım Bankası on winning the 2024 award for Green Finance Innovator (Türkiye).


GKSD Investment Holding - Gruppo San Donato: Excellence in High-Growth Investment Strategies EMEA 2024

GKSD Investment Holding Group – Gruppo San Donato in Italy exemplifies a strategic focus on elevating advanced healthcare through investment in cutting-edge medical research, technology, and professional training. Under the leadership of Kamel Ghribi, the group prioritises making quality, compassionate healthcare accessible to all, not just the wealthy. Its integrated model includes education through Vita-Salute San Raffaele University, renowned for its master's and PhD programs, thereby addressing the global need for qualified healthcare professionals. The group’s pioneering work in gene and stem cell therapy, along with notable firsts in robot-assisted operations, underscores a commitment to innovation. Additionally, the GKSD provides sustainable infrastructure solutions, highlighted by projects like the off-grid IRCSS Ospedale Galeazzi Hospital in Milan. The group’s strategic expansion is evident in its operations across Italy, Poland, Romania, and Iraq. A key partnership with Generali Insurance in Italy aims to establish 70 smart outpatient clinics, enhancing healthcare coverage nationwide. Significant mergers, such as acquiring The American Heart of Poland and ScanMed Group, further solidify its influence. Humanitarian efforts extend to Syria and Lebanon, while GKSD also manages hospital concessions in Iraq and is expanding organically in Romania. GKSD's commitment to sustainable healthcare incorporates state-of-the-art technology and continuous research investment. Its environmental initiatives include waste-to-energy projects and comprehensive waste and water treatment programmes. The 360-degree value chain created around the healthcare component, from services to educational and environmental initiatives, reflects core values of professionalism, integrity, teamwork, innovation, and dedication to a better future for humanity and the planet. The CFI.co Judging Panel congratulates GKSD Investment Holding Group - Gruppo San Donato on winning the 2024 award for Excellence in High-Growth Investment Strategies (EMEA).


GraceKennedy Financial Group: Excellence in Digital Financial Innovation Jamaica 2024

GraceKennedy Financial Group (GKFG) delivers a comprehensive suite of financial services throughout Jamaica and the wider Caribbean. The Group’s offerings span banking, insurance, investments and money services including remittances, catering to diverse customer needs with well-recognised brands fundamental to daily life.

Recognising an over reliance on cash, and a fear of formal banking, GKFG embarked on a digital innovation journey aimed at financial inclusion and customer focus.

 A key achievement is the introduction of a mobile wallet – GK ONE - with a companion prepaid card in partnership with Visa, enabling remittance recipients to access and utilise funds seamlessly across multiple platforms. The card facilitates online transactions  and is accepted at hundreds of ATMs  locally and thousands of merchants locally and internationally, enhancing financial fluidity.

Moreover, leveraging simplified due diligence regulations, the GKFG developed a user-friendly digital entry system simplifying customer onboarding and broadening financial access.

The strategic vision extends to creating a financial services super app, which will eventually allow users to access all GraceKennedy Financial Group services within one digital ecosystem. This digital expansion not only addresses immediate financial transactions by allowing customers to collect their remittances on their phones but also essential financial products like bill payments, and insurance purchases thus bolstering financial resilience among users.

The company's leadership is lobbying for regulatory frameworks and pioneering digital integration has also facilitated partnerships with other financial entities, broadening the reach and impact of GKFG’s innovations.

As GKFG continues to expand its digital footprint beyond Jamaica, it remains committed to financial inclusion, economic development, and community support. The CFI.co Judging Panel is delighted to congratulate GraceKennedy Financial Group on winning the 2024 award for Excellence in Digital Financial Innovation (Jamaica).


Old Mutual Zimbabwe: Outstanding Contribution to Financial Empowerment Zimbabwe 2024

Old Mutual Zimbabwe is a prominent player in the financial sector, demonstrating unwavering commitment to financial literacy and empowerment across the nation. The company has developed and implemented a range of innovative financial products and services tailored to meet the diverse needs of Zimbabweans. These initiatives include extensive financial education programmes aimed at improving financial inclusion and literacy among underserved communities. Additionally, Old Mutual Zimbabwe has invested significantly in digital financial solutions, enhancing accessibility and convenience for customers. The company’s efforts extend to providing comprehensive insurance and investment services that promote economic stability and growth. Through partnerships with local businesses and international entities, Old Mutual Zimbabwe supports entrepreneurial ventures and sustainable development projects, further contributing to the nation's economic progress. Its commitment to corporate social responsibility is evident in its active participation in community development initiatives, focusing on education, health, and environmental sustainability. The company's Value Creation Challenge has been particularly impactful, fostering innovation and entrepreneurship across the country. Old Mutual Zimbabwe also plays a crucial role in the nation’s economic resilience by continuously adapting to market demands and supporting local talent. The company’s resilience in navigating economic challenges while maintaining a customer-centric approach has solidified its reputation as a leader in financial empowerment. Its dedication to fostering a sustainable and inclusive financial ecosystem is a testament to visionary leadership. The CFI.co Judging Panel congratulates Old Mutual Zimbabwe on winning the 2024 award for Outstanding Contribution to Financial Empowerment (Zimbabwe).


Cifi: Most Innovative Infrastructure Investment Partner LATAM & Caribbean 2024

Founded in 2001 to cater to the underserved middle market of infrastructure in Latin America and the Caribbean, Cifi is a leader in innovative infrastructure investment. Operating from a base of experience and a network of strategic alliances with multilateral and private financial institutions, Cifi has carved a niche in project finance that transcends traditional lending. Its approach combines robust financial support with strategic advisory services, ensuring that each project is not only financially viable but also socially and environmentally sustainable. Cifi's expertise extends to the creation and management of targeted funds, such as local currency funds designed to mitigate exchange rate risks. These funds demonstrate Cifi's commitment to local economies while minimising exposure to volatility. A hallmark of Cifi’s strategy is its deep engagement with institutional clients, advising them on channelling their investments into projects that offer stable returns and positive societal impacts. This role has become increasingly critical as these investors seek not only financial gains but also opportunities to contribute to sustainable development within their regions. Additionally, Cifi is at the forefront of new technologies, such as the pioneering use of wind and solar energy in Guatemala a now successfully exited project to current solar distributed energy projects in Brazil and Mexico, positioning them as leaders in renewable energy within the infrastructure sector. Its commitment to sustainability is further endorsed via accreditation by the Green Climate Fund, underscoring its alignment with global environmental goals. CFI.co Judging Panel congratulates Cifi on winning the 2024 award Most Innovative Infrastructure Investment Partner (LATAM & Caribbean).


STAG Fund Management: Excellence in High-Impact Private Equity Investments Portugal 2024

STAG Fund Management has demonstrated a keen understanding of the intricacies and potential within the private equity sector, especially in the context of high-impact investments. The firm's strategic approach focuses on harnessing diverse opportunities across various geographies and industries, reflecting a commitment to long-term value creation. Founded with the ambition to integrate global insights into the Portuguese market, STAG Fund Management has effectively leveraged its team's extensive international and local experience. This strategy has facilitated a differentiated investment approach, setting the firm apart from its peers. Their portfolio includes a mix of sectors such as renewable energy and real estate, underscoring a commitment to sustainable and socially responsible investing. By engaging in projects that not only promise financial returns but also contribute positively to the environment and society, STAG Fund Management embodies a holistic investment philosophy. Its innovative use of technology, including AI and blockchain, enhances operational efficiency and transparency, further solidifying its reputation as a forward-thinking entity. The firm's alignment with the Portuguese Golden Visa programme also highlights a role in attracting foreign investments, contributing significantly to the local economy. STAG Fund Management’s emphasis on partnering with global experts ensures that the company will stay at the forefront of industry developments, continuously evolving strategies to meet the dynamic needs of the market. The CFI.co judging panel heartily congratulates STAG Fund Management on winning the 2024 award for Excellence in High-Impact Private Equity Investments (Portugal) and looks forward to their continued success.


United Bankers Plc: Excellence in Alternative Investment Strategies Nordics 2024

[caption id="attachment_12518" align="aligncenter" width="1000"] CEO: Patrick Anderson[/caption]

United Bankers Plc is a distinguished financial institution headquartered in Finland, renowned for its innovative asset management solutions and expertise in alternative investment strategies. The company has built a solid reputation for managing a diverse array of assets, including forest and forest sector investments, real estate, private equity, and infrastructure. By employing a meticulous approach to market analysis and strategic asset allocation, United Bankers Plc consistently delivers good risk-return ratio for its clients. Its investment strategies are underpinned by a deep understanding of market dynamics and a commitment to sustainability, ensuring that investments are both profitable and ethically sound. The firm emphasises responsible investment practices, recognising the importance of environmental, social, and governance (ESG) factors. This commitment has attracted investors seeking long-term value aligned with their ethical standards. United Bankers Plc leverages its expertise in real assets and the forestry sector as part of its wealth management for clients. An innovative approach ensures it remains at the forefront of the asset management industry in the Nordics. United Bankers Plc’s dedication to client satisfaction is evident in its personalised service and transparent communication, fostering strong and lasting relationships. The firm’s ability to adapt to changing market conditions and identify lucrative investment opportunities sets it apart from competitors. Its track record of success and commitment to excellence has established a leadership role in the Nordic asset management sector. The CFI.co Judging Panel congratulates United Bankers Plc on winning the 2024 award Excellence in Alternative Investment Strategies (Nordics).


EOS Capital Partners: Outstanding Contribution to SME Economic Empowerment Greece 2024

EOS Capital Partners, a leading alternative asset manager in Greece, has played a pivotal role in strengthening the country’s SME sector through strategic investments and active management. Managing two funds, with AUM of €370m as of 30/06/2024, their first fund, with €150m of committed capital, has achieved successful exits and substantial returns. The second fund, with c.€220m of committed capital to date (targeting €250m by end of 2024), focuses on both SMEs and larger mid-cap companies. EOS Capital Partners prioritises companies with robust fundamentals, solid management teams, and significant growth potential. Their hands-on approach ensures that capital is deployed efficiently, resulting in outcomes such as doubling sales, creating over 1,500 jobs, and improving productivity by 70 percent across their portfolio companies. EOS Capital Partners also stands out for its commitment to sustainability, integrating energy efficiency, water conservation, and alternative energy initiatives into their investments. As an Article 8 fund, they promote environmental and social characteristics while monitoring relevant KPIs to ensure measurable impact. Additionally, EOS Capital Partners offers flexible transaction structures, tailoring investments to the specific needs of companies, whether through strategic minorities, majorities, or partnerships. Its ability to bridge the gap between early-stage companies and larger private equity investments further indicates leadership in Greece’s SME sector. With a focus on fostering innovation and growth, EOS Capital Partners exemplifies a modern approach to investment that drives success while contributing to broader economic and social development. The CFI.co Judging Panel congratulates EOS Capital Partners on winning the 2024 award for Outstanding Contribution to SME Economic Empowerment (Greece).


Globalturk Capital: Excellence in Facilitating International Expansion and Investments Türkiye 2024

[caption id="attachment_12525" align="aligncenter" width="900"] Founder and Managing Partner: Barış Öney[/caption]

Globalturk Capital, founded in January 2011, has dedicated itself to assisting Turkish companies in their global expansion and foreign direct investors’ entry to Türkiye. This focused investment advisory firm differentiates itself from traditional mergers and acquisitions and private equity advisors through a holistic approach, promoting strategic growth with a long-term vision, like a merchant bank. The firm supports private equity investors who invest in companies it advises with a vested interest during the post-transaction period. As a gateway for private capital in Türkiye and environs, Globalturk Capital’s unique model fosters harmony between local companies and international direct investors. The firm’s strategic partnership with Global Private Capital Association – GPCA, based in New York (formerly Emerging Markets Private Equity Association – EMPEA) underscores its influential position in facilitating international investments. It actively engages in significant efforts to enhance global integration, hosting large events and roundtables in key financial hubs like London, Washington DC, New York and Istanbul since 2015 often featuring high-profile participants including top-level private capital executives, advisory service providers, corporates and Turkish and UK political leaders and ministers. Globalturk Capital also supports regional development by enhancing interaction and corporate collaboration, particularly in collaborating with GPCA, the London Stock Exchange Group and international financial corporations, and producing insightful reports on the investment and business landscape covering Türkiye and environs and broadcasts those reports to the global investment and business community. Globalturk Capital has been contributing to Türkiye’s economic development by promoting Türkiye as a unique investment destination to foreign capital via such global investor gatherings and report publications. The firm’s commitment to supporting Türkiye and environs in fostering private capital interaction is unparalleled, and its role as a key player in cross-border mergers and acquisitions is well-recognized. The CFI.co Judging Panel congratulates Globalturk Capital on winning the 2024 award for Excellence in Facilitating International Expansion and Investments (Türkiye).


Krungthai Bank PCL: Best Social Impact Bank Thailand 2024

Established in 1966, Krungthai Bank PCL set out to support the economic development of the country and is dedicated to improving the financial and social wellbeing of the population. The Bank has become part of the daily life of the Thai people. It is eager to improve the competitiveness of the country, help reduce inequality and conduct business in an ethical and sustainable manner. The Bank’s current five-year plan calls for improved accessibility for grassroots customers and encourages staff members to adapt and learn new skills. Innovative modern technology harnessed by Krungthai addresses customer needs and is helping to raise standards of living. The Paotang App serves not only customers but the broader population too. Open architecture allows partners to integrate their offerings into the platform. Significantly, Paotang helps government deliver financial and economic stimulus packages. The Health Wallet in Paotang provides easier access to universal healthcare for citizens. The App is democratising investment opportunities. Krungthai supports government initiatives in public services. Our winner is committed to financial inclusion, with particular concern for the elderly, disabled and those of low income. It promotes financial literacy and best financial practice for customers. The judging panel remarks that, “Krungthai is dedicated to establishing a circular economy, recognising the benefits accruing to people, the planet and profits. Its strategy is well thought out and beautifully expressed.” A repeat winner over many years, the panel has no hesitation in confirming Krungthai Bank PCL as 2024 winner of the award Best Social Impact Bank (Thailand).


MAC SA: Best Stockbroker Tunisia 2024

MAC SA stands out as a prominent player in the Tunisian financial sector, offering a comprehensive range of investment solutions including asset management, stock brokerage, corporate finance, investment research and private equity. The company’s expansion extends to West Africa, where its Ivorian subsidiary has made significant strides in the WAEMU region, further solidifying MAC SA ‘s regional influence and reach. To meet the evolving needs of its clients and to pursuit international growth, MAC SA is applying for a license in Paris to establish itself as a global brand, enhancing North-South investment flows between Europe, Africa and the Middle East. The company also intends to acquire a fund management startup to accelerate its development. To enhance its research capabilities, MAC SA will partner with an international research Firm to broaden its research coverage across Africa and middle east. This strategic move positions the firm as a bridge connecting investors across these regions. The CFI.co judging panel congratulates MAC SA on winning the 2024 award for stockbroker (Tunisia), celebrating its unwavering dedication to excellence and strategic growth ambitions.


MAC SA: Best Asset Management Team Tunisia 2024

MAC SA, a leading Tunisian Financial services group, has cemented its reputation over three decades. With over $300 m in assets under management, the firm is recognized as one of Tunisia’s top asset management companies, driven by a strong commitment to innovation and client-focused services. Its flagship fund, FIDELITY SICAV PLUS, has consistently delivered superior risk-adjusted returns, earning multiple industry awards and accolades for outstanding performance. Demonstrating a commitment to innovation and with a customer satisfaction-oriented strategy, the company has recently launched a loyalty program for its clients who subscribe to FIDELITY SICAV PLUS, a credit card that allows them to access their savings at any time, along with a life insurance policy offering a capital of 20,000 Tunisian dinar in case of disability or death. This initiative aims not only to retain existing clients but also to attract more investors and savers to a product that is not widely known, despite being the current top-performing savings product with a low level of risk. The success of MAC SA and its strong performance both in its home market and beyond is due to a skilled and efficient team with a strong sense of belonging. Moreover, MAC SA's independence allows it to provide objective advisory services free from conflicts of interest, while its flexibility and responsiveness to market trends enable it to adapt swiftly and meet evolving client needs in the financial sector. In 2024, for the second consecutive year, the CFI.co judging panel warmly congratulates MAC SA on winning the 2024 award for best asset management team (Tunisia).


Citadel Investment Services: Excellence in Strategic Portfolio Construction South Africa 2024

Citadel Investment Services, a prominent player in the South African wealth management landscape, has demonstrated remarkable acumen in strategic portfolio construction. The firm’s investment philosophy, anchored on the principles of valuation, asset allocation, and diversification, reflects its commitment to delivering consistent and tailored outcomes for clients. Citadel recognises that valuation is crucial in making sound investment decisions, and it prioritises asset allocation as the primary driver of returns. The firm’s emphasis on diversification ensures robust risk management, enabling it to navigate market volatility effectively. Citadel's client-centric approach is evidenced by its impressive 99 percent client retention rate, underscoring the trust and satisfaction it has cultivated over the years. Additionally, the company integrates ESG considerations into its investment process, aligning its strategies with long-term sustainability goals without compromising fiduciary responsibilities. Citadel’s innovative use of technology, including AI and machine learning, further enhances its portfolio management capabilities, positioning it as a forward-thinking leader in the industry. The firm also actively collaborates with external consultants to ensure comprehensive ESG scoring and compliance, demonstrating its commitment to ethical and responsible investing. Citadel continues to evolve its strategies in response to emerging market trends, ensuring it remains at the forefront of portfolio construction in South Africa. The company’s dedication to innovation, ethical investing, and client satisfaction firmly establishes its reputation as an industry leader. The CFI.co Judging Panel congratulates Citadel Investment Services on the 2024 award for Excellence in Strategic Portfolio Construction (South Africa).


Eric Sturdza Investments: Excellence in Global Equity and Fixed Income Strategies UK 2024

Eric Sturdza Investments, a boutique asset management firm, has distinguished itself in the investment landscape by consistently delivering innovative strategies and robust performance across global equity and fixed income markets. The firm is dedicated to identifying and partnering with industry-leading portfolio managers, particularly those with a niche focus, to offer differentiated products that stand out in a crowded marketplace. This approach is exemplified by the firm's decision to streamline its product offerings, closing underperforming funds while successfully launching several targeted strategies, including a US long-short fund and a Vietnam equity fund. These new funds have garnered significant investor interest, with the Vietnam fund surpassing $78m in assets under management, reflecting the firm's strategic focus on emerging markets with high growth potential. In addition to its innovative product development, Eric Sturdza Investments has also implemented a Total Expense Ratio (TER) cap across all its funds, ensuring competitive costs for investors and aligning the firm's interests with those of its clients. The firm’s proactive approach to product innovation and cost management has led to positive net inflows, setting it apart from many of its peers. Eric Sturdza Investments continues to explore new opportunities, such as the planned launch of actively managed certificates, further demonstrating its commitment to meeting evolving investor needs and market demands. The CFI.co Judging Panel heartily congratulates Eric Sturdza Investments on winning the prestigious 2024 award for Excellence in Global Equity and Fixed Income Strategies (UK).


MBH Bank: Best ESG Bank Hungary 2024

MBH Bank, formed in May 2023 through the merger of MKB Bank, Budapest Bank, and Takarékbank, is Hungary’s second largest banking group. It serves nearly two million clients and employs around 9,000 staff across 500 branches. The bank excels in corporate lending, SME financing, leasing, and Agri-Food business, while delivering modern, accessible financial services to retail, corporate, and institutional customers. MBH Bank is dedicated to sustainability, embedding ESG principles into its lending, investment practices, and operations. The bank's ESG strategy, introduced in 2022 and updated in 2024, focuses on five pillars: sustainability as a business opportunity, ESG risk management, carbon neutrality, governance transparency, and employee welfare. A dedicated ESG department oversees these efforts, ensuring compliance with regulations and tracking emerging trends. MBH Bank has implemented innovative projects, such as green financing, biodiversity support programmes, and the launch of its own Net Zero project, which assesses its carbon footprint across all business activities. The bank also introduced ESG training for all employees, strengthened its ESG data management systems, and received high ESG ratings in 2023. It plays a crucial role in Hungary’s sustainable economic transformation, partnering with national parks to promote biodiversity, reforestation, and wildlife conservation efforts. MBH Bank demonstrates responsible corporate governance, ensuring ethical, transparent, and sustainable practices across its operations. Its commitment to sustainability is evident in its green finance initiatives and environmental projects. The CFI.co Judging Panel congratulates MBH Bank on winning the 2024 award for Best ESG Bank (Hungary).


Loita Capital Partners: Pioneer in African Financial Markets Indian Ocean 2024

Loita Capital Partners, with its strategic base in Mauritius, commands a formidable and truly impressive presence in the landscape of African financial markets. Established in 1992 and operational by 1993, this company has cemented its reputation over three decades as a leading force in investment banking specifically tailored for African businesses. Loita Capital Partners offers a comprehensive array of services including debt and equity financing, mergers and acquisitions advisory, and venture capital initiatives. Its focused expertise spans vital sectors such as healthcare, media, agriculture, transportation, energy, and information technology, all of which are pivotal to the continent's development objectives. The firm’s influence extends across the African continent with operational offices in key regions, ensuring a broad and impactful reach. Moreover, Loita’s strategic emphasis on industries like healthcare, agriculture, and energy not only underscores its commitment to fostering regional development but also aligns seamlessly with the broader goals of economic empowerment and sustainability in Africa. According to the judging panel, “The future appears robust for Loita Capital Partners as it plans to expand operations into West Africa, a move that promises to enhance capabilities and extend its impact even further.” This expansion strategy is poised to leverage the company's extensive experience and deep-rooted understanding of the unique dynamics of the African financial landscape. Such strategic and targeted growth initiatives are what distinguish Loita Capital Partners and provide the reason for the 2024 award Pioneer in African Financial Markets (Indian Ocean).


Scottish Friendly: Best Mutual Insurer UK 2024

Emerging from a year marked by economic turbulence, Scottish Friendly stands out for its unwavering commitment to core purpose: empowering customers and their families to achieve financial wellbeing. Its dedication is evident across multiple facets of operation. Firstly, its mutual status ensures a focus on customer value, not shareholder profits. This is reflected in the "Special Members' Share" profit distribution, directly benefiting policyholders. Furthermore, Scottish Friendly actively invests in creating user-friendly digital tools that equip customers with the knowledge to make informed financial decisions. Recognising the evolving needs of its customers, Scottish Friendly recently undertook a comprehensive strategic review, reaffirming existing strengths and identifying growth opportunities. A key focus is expanding offerings through strategic partnerships, with the Unisure deal demonstrating commitment to this goal. An agreement in April 2023 confirmed Scottish friendly as mutual insurer for Unisure’s UK Group Life division (alongside Allianz). Additionally, Scottish Friendly pursues complementary acquisitions. Understanding that positive customer experience is paramount, Scottish Friendly invests heavily in improving digital services and fostering employee development, achieving "Very Good Company to Work For" status. This recognition speaks to its commitment to creating a supportive environment, translating into a superior customer experience. Beyond financial metrics, Scottish Friendly shows a strong commitment to social good, investing in initiatives such as supporting children's mental health. Combining resilient financial performance with strategic focus and a customer service ethos, Scottish Friendly, a repeat winner, is declared 2024 winner of the award for Best Mutual Insurer (UK).


NCB Capital Markets: Best Investment Banking Solutions Caribbean 2024

NCB Capital Markets provides investment products and services for institutions and individual clients. This firm is one of the major stockbrokers in Jamaica and offers outstanding wealth advisory and asset management services. Off-shore facilities are available via related companies in the Cayman Islands. Core values include transparency, client satisfaction, team entrepreneurism, and respecting the dignity of all clients. The efficient geographical spread of activities, and depth of understanding is quite amazing. The Trinidad office also handles the firm’s business in the Dutch Caribbean. Similarly, the Guyana office reaches out in South America. In each hub it operates, NCB Capital Markets has been responsible for major transactions. No other financial institution in the Caribbean can lay claim to a more impressive record. The firm has developed capabilities to operate at every layer of capital markets, often in contrast to the competition. NCB Capital Markets sponsors major industry conferences in Jamaica, Trinidad, and Guyana. The Guyan gathering – in October 2023 – was the first such conference to be held in that country. With its leading role in Caribbean capital markets, the firm’s presence ensures greater sophistication, improved overall efficiency and commendable transparency. In an often-troubled world, the stability of the Caribbean is a key factor in the success of our winner. The firm, which has such a secure hold on English-speaking Caribbean will be seeking further growth in South and Central America. NCB Capital Markets receives the 2024 award Best Investment Banking Solutions (Caribbean).


Applied Science Private University: Most Innovative Community Impact Research University Middle East 2024

Applied Science Private University's innovative approach to community impact research has significantly contributed to its recognition as a leading institution in the Middle East. The Jordanian university's focused research initiatives address pressing regional and global challenges, engaging with a wide array of stakeholders to deliver practical solutions and sustainable outcomes. Its projects span diverse fields such as renewable energy, water resource management, and public health, reflecting a deep commitment to societal welfare and environmental sustainability. Through collaborations with local communities, government bodies, and international organisations, the university has not only enhanced the applicability of its research but also ensured it drives tangible benefits for society. The integration of community feedback into research processes further illustrates its inclusive approach, ensuring that the projects are both relevant and impactful. This strategy has not only fostered community development but also positioned the university as a hub for pioneering research in the region. The commitment to using research as a tool for social change is a hallmark of Applied Science Private University's mission. The efforts of the university in this important field have been noticed with appreciation by the CFI.co judging panel over the years. The panel considers that this centre of academic excellence has been a trailblazer in motivating other bodies to improve their performance in advancing academic and scientific research. Applied Science Private University is our 2024 award winner and named Most Innovative Community Impact Research University (Middle East).


Applied Science Private University: Digital Transformation Leader in Higher Education Middle East 2024

Applied Science Private University has been a pioneer in digital transformation within the Middle East's higher education sector. Its comprehensive digital strategy encompasses innovative teaching methodologies, state-of-the-art learning technologies, and a robust digital infrastructure that supports both faculty and students. The university's investment in advanced learning management systems and digital research tools has greatly enhanced the quality of its educational offerings. By integrating artificial intelligence and data analytics into operations, it has improved academic outcomes and operational efficiency. These technological advancements have not only enriched the learning experience but also prepared students to thrive in a digital-centric world. Moreover, the university's proactive approach to online education, particularly during challenges such as the COVID pandemic, demonstrated its capacity to adapt and lead in times of crisis. This commitment to embracing and leveraging digital innovations continues to set Applied Science Private University apart as a leader in transforming education through technology. The judging panel congratulates this university for responding to the critic developments in cybersecurity and cloud computing (a dedicated department was created in 2021/22). This came in response to the high rates of cyber-crime and associated hacking risks. According to the judging panel, “The quality of work coming out of this department is exemplary. This initiative will equip a generation to better protect itself from security breaches and vulnerabilities.” Applied Science Private University in Jordan rightly earns the accolade Digital Transformation Leader in Higher Education Middle East 2024.


Applied Science Private University: Best University Internationalisation Strategy Middle East 2024

Applied Science Private University in Jordan has established a formidable and truly impressive presence in higher education internationalisation in the Middle East. With a comprehensive approach to embedding global perspectives into its curriculum, the university has not only attracted a diverse student body but also fostered numerous international collaborations. These initiatives have significantly enhanced its academic offerings and research opportunities, thus broadening the educational horizons for its students. Its strategic partnerships with universities and research institutions across various continents have facilitated a robust exchange of ideas, resources, and cultural insights, contributing markedly to the global competence of graduates. Furthermore, the university's dedication to providing international students with a supportive and inclusive learning environment exemplifies its commitment to global education standards. The active participation in international conferences and symposia underscores its endeavour to remain at the forefront of global educational trends. By effectively leveraging technology and cultural exchange, Applied Science Private University has not only enhanced its own prestige but also enriched the academic landscape of the Middle East. The judging panel applauds this university’s insistence on being a “home away from home” for its international students. It is committed to making Applied Science Private University the first choice for these young people. Students and faculty are exposed to best international academic practice and there is a clear focus on diversity and inclusiveness. Applied Science Private University is worthy winner of the 2024 award Best University Internationalisation Strategy (Middle East).


HANetf: Best ETF Specialist Team Europe 2024

Europe's first white-label ETF platform, London based HANetf, is transforming how asset managers access the ETF market. Founded by industry veterans Hector McNeil and Nik Bienkowski, HANetf empowers firms to launch ETFs without the usual barriers to entry. With a growing portfolio of 30+ ETFs and ETCs listed across Europe and Mexico, HANetf is a true innovator. It has  pioneered groundbreaking products like Europe’s first Bitcoin ETP and the sustainable Royal Mint Gold ETP. With a full MiFID license, offices in London and Dublin, , HANetf hassolidified its status as a pan-European business.  Its  dedicated team of over 40 professionals and local presence in markets such as Italy, Germany, France etc ensures robust support and tailored solutions for clients. A commitment to excellence has fuelled rapid growth, nearly doubling assets under management to over $4 billion as of August 2024 in just a year. HANetf's mission is to democratise the ETF landscape, making it accessible to asset managers of all sizes and fostering a wider range of investment choices. Its innovative strategies and commitment to financial futures of investors make this platform  an undeniable force in the industry. The CFI.co Judging Panel is proud to award HANetf the 2024 title of ETF Platform Champion Europe. Its remarkable achievements exemplify the transformative power of innovation and collaboration in the world of ETFs and the strong market position already achieved will continue to drive success.


TGE Polish Power Exchange: Best Commodities Exchange ESG Strategy Europe 2024

TGE Polish Power Exchange is Poland’s leading commodities trading platform, distinguished by its robust integration of environmental, social, and governance (ESG) principles. The exchange has embedded ESG considerations into its core operations, aligning seamlessly with regulatory frameworks and advancing technical capabilities. TGE has been supporting the energy transformation for years by offering guarantees of origin for renewable energy and cogeneration. In the future, Polish Power Exchange also plans to enable trading guarantees for heat, cold, biomethane and hydrogen. This proactive stance is evident in its engagement with both national and international regulatory bodies, where TGE advocates for enhanced market transparency and the promotion of sustainable practices. The exchange’s commitment to ESG extends beyond compliance, reflecting a deep-seated organisational culture that prioritises social responsibility and environmental stewardship. TGE’s strategic initiatives include developing indices for renewable energy sources and creating innovative products that drive sustainability, thereby contributing to the broader goals of energy transition within Europe. Additionally, TGE is eager to share its knowledge with other players. In September 2023, TGE signed an agreement with the Ukrainian Energy Exchange to strengthen cooperation and exchange experience in the development of the exchange market in Ukraine.

TGE’s holistic approach ensures that it not only meets but consistently exceeds the expectations of a modern commodities exchange, positioning it as a global leader in the adoption of sustainable practices. This comprehensive strategy underpins its operational resilience and long-term growth, securing its place at the forefront of the industry. The CFI.co Judging Panel congratulates TGE Polish Power Exchange on winning the 2024 award for Best Commodities Exchange ESG Strategy (Europe).


Bank One Limited: Best Custodian Bank Indian Ocean 2024

Bank One Limited, a Mauritian commercial bank established in 2008 through a joint venture between CIEL Finance Limited and Kenya's I&M Group PLC, leverages its significant presence in sub-Saharan Africa to diversify and broaden its client base into regions including Madagascar, Kenya, Tanzania, Rwanda, and Uganda, positioning Mauritius as a burgeoning private wealth hub for the continent. With a robust custodian network that spans over 50+ countries and Euroclear as its main depository, the bank provides clients — ranging from individuals to financial institutions — with unparalleled access to expert insights on both local and international levels, ensuring the safety of securities and assets off-balance sheet while utilising Euroclear's high credit ratings for secure settlements. In 2023, Bank One's Private Banking & Wealth Management recorded a landmark year. Its B2B custody platform, initiated in 2017, has significantly boosted the bank's assets under management to over one billion USD, supported by expansions and new partnerships leading regional financial institutions. The bank places a high value on its experienced team and strong cross-border partnerships, continuously driving forward digital innovation in its services, exemplified by its cutting-edge custody portal which offers instant reporting and real-time pricing through Bloomberg. The CFI.co Judging Panel congratulates Bank One Limited on winning the 2024 award for Best Custodian Bank (Indian Ocean).


Bank One Ltd: Best International Banking Services Indian Ocean 2024

Bank One Ltd, operating from Mauritius, has substantially shaped the financial landscape of the region through innovative and responsible banking. With a deep commitment to sustainable development, it has become instrumental in promoting green financing and integrating Environmental, Social, and Governance (ESG) principles across operations. The bank’s strategic focus on impact financing directly aligns with the Sustainable Development Goals (SDGs), specifically targeting poverty alleviation and education. In 2023, Bank One managed significant financial transactions, facilitating short-term funding between $50m and $100m, primarily focusing on Stanbic Bank in Nigeria and CRDB in Tanzania. These efforts were tightly linked to commodities that meet ESG criteria, fostering the advancement of the SDGs in critical sectors such as food, pharmaceuticals, solar energy, and consumer goods. Bank One has cemented its presence across many countries, including Nigeria, Ivory Coast, and South Africa, through strategic partnerships and extensive regional coverage. The bank's excellent products range from syndicated facilities and trade finance to cash management and treasury hedging products. Bank One has launched various sustainable finance products, such as Green Bonds and Social Impact Loans. According to the judging panel, “This winner’s ethical conduct and transparency are obvious.” All this has strengthened Bank One’s position as a leader in international banking and also as a champion of environmental stewardship and responsible banking. In recognition of its outstanding contribution to the sector Bank One Ltd is named 2024 winner of the award Best International Banking Services (Indian Ocean).