Enterprise Seychelles Agency: Outstanding Contribution to MSME Growth Africa 2022

Enterprise Seychelles Agency (ESA) was established to provide entrepreneurs with the services and support needed to grow their business. ESA acts as a liaison between Government bodies and Seychelles start-ups and MSMEs to strengthen partnerships, organise training and promote an ecosystem of gender-balanced entrepreneurship. It facilitates businesses’ access to raw materials, cutting-edge technology and other products, while supporting them through ongoing training and know-how to establish a foothold in international markets. The agency has played a key role in continuing efforts to improve the ease of doing business and is helping to push the economy towards more responsible and sustainable practices. Many of the highlights from the Seychelles’ archipelago centre around the blue economy, such as sustainable fisheries, rock oyster farming and organic seaweed solutions for agriculture and health. The agency ensures entrepreneurs are aware of the funding opportunities available to them. It has consolidated information on eight financing programmes geared towards Seychelles’ businesses, including a green loan programme, a seed capital grant scheme, the blue investment fund and a subsidised loan to invest in energy efficiency and renewable energy technologies. ESA is helping to ensure that MSMEs are able thrive and this in turn creates an attractive environment for international investment. The agency has built a strong and experienced team that understands how to ensure that government and the private sector work together to drive sustainable growth. The CFI.co judging panel announces Enterprise Seychelles Agency as the 2022 award winner for Outstanding Contribution to MSME Growth (Africa).


Venturance Alternative Assets: Best Growth Equity Investment Strategy Chile 2022

Venturance Alternative Assets is led by three executive partners and supported by a team of managers, analysts, associates and back-office personnel. The firm was founded in 2010 and is headquartered in Santiago, Chile. Since its inception, Venturance Alternative Assets has been working with investors and entrepreneurs to facilitate value creation for its portfolio companies and the country. Venturance is a specialised investment manager focused on alternative assets, including private equity and debt, venture capital, real estate, agriculture and mining. The firm has established several private equity funds to direct investments to growth-stage companies in niche industries that have demonstrated a noteworthy evolution of products and services. Venturance takes a direct approach to alternative investments by negotiating directly with clients rather than involving the banks or other external entities. It brings together dedicated professionals with experience in the direct management of real assets across different industries. To date, the firm has invested in eight companies across nearly as many industries, including retail, food and technology. The team benefits from a horizontal hierarchy that promotes collaboration among professionals with diverse backgrounds across industries and asset classes. Venturance actively engages with portfolio companies through medium- and long-term initiatives to deliver operational, commercial, financial and strategic improvements. The firm continues to uncover fresh investment opportunities in Chile and hopes to expand its footprint across Latin America in the future. The CFI.co judging panel presents Venturance Alternative Assets with the 2022 award for Best Growth Equity Investment Strategy (Chile).


Hungarian Investment Promotion Agency: Best Strategic Investment Partner Europe 2022

Hungary is open for business — and actively courting foreign direct investments (FDI). The Hungarian Investment Promotion Agency (HIPA) has been working with foreign investors to make full use of the country’s supportive business climate, competitive taxation environment and highly-skilled workforce. HIPA aims to be a one-stop-shop for foreign investors. It tailors incentives to each project and assists investors along every step of the way. Between 2014 and 2021, HIPA closed 1,822 deals worth nearly €30bn of FDI, which has created around 116,000 new jobs. The past year broke previous records, with FDI totalling €5.9bn across 422 projects and creating 13,883 new jobs. The projects comprised 326 COVID-specific projects and 96 large-scale projects, including the biggest greenfield FDI project launched up till 2021 in Hungary. The €1.9bn investment from South Korea’s SK Innovation will be used to build a battery plant employing 2,500 people. In July 2022, HIPA announced a €1bn investment from Mercedes-Benz to install assembly and body shop production lines. In August 2022, it announced a €7.3bn deal from Chinese company CATL (Contemporary Amperex Technology Ltd) to break ground on an EV battery plant, which is expected to be Europe's largest so far. According to Eurostat, nearly half of the total value added in the Hungarian business economy is generated by FDI. In 2021, Asian investors claimed 60 percent of the investment volume and German-speaking countries a third of the large-scale projects. The CFI.co judging panel presents HIPA with the 2022 award for Best Strategic Investment Partner (Europe).


Jusan Bank: Outstanding Contribution to Diversification of the Economy Kazakhstan 2022

Jusan Bank has been recognised in numerous international programmes, but it’s most honoured to repeatedly earn the trust and business of clients. The bank increased assets by more than half over the previous year, claiming nearly seven percent of the market share. Its loan portfolio has grown threefold over a 12-month period, while the volume of overdue NPL loans (90 days or more) has dropped from 44 percent to 9.47 percent. Over the year, deposit volume rose by more than half, the retail client portfolio more than quadrupled and the customer base in the SME segment doubled. The bank’s ecosystem of digital services now attracts over a million active users monthly — and it expects those figures to continue their rapid rise. Jusan Bank has developed a suite of services for small and micro businesses that’s helping to formalise the Kazakh economy. The bank saw the number of users on its business app increase nearly fourfold and the POS terminals in its network multiply fivefold in 2021. It now serves some 145,000 business entities. Jusan Bank has a moderate risk appetite for SME lending and takes pride in helping smaller players transition to larger markets and operations. The bank allocates portions of its profits to finance educational initiatives and humanitarian projects that support the socio-economic development of the country and its people. The CFI.co jury recognises repeat winner Jusan Bank with the 2022 award for Outstanding Contribution to Diversification of the Economy (Kazakhstan).


Oracle: Best Cloud-based Integration Solutions Global 2022

Founded in 1977, Oracle has become a master of the cloud. The company serves 430,000 customers in 175 countries. It designs, manufactures and sells software and hardware products as well as complementary services related to financing, training, consulting and hosting. Oracle has reinvented itself several times over the past four decades, reliably interpreting trends to seize opportunities and maintain a market-leading position. It reported revenue of $42bn in the 2022 fiscal year. Some of that was fuelled by 150 strategic acquisitions, which cost the company more than a $110bn. Over the past decade, Oracle has invested over $64bn in R&D and been granted more than 18,900 patents worldwide. The company markets its enterprise cloud solutions as the fastest path to modernising a business’ workflow and accelerating growth. Oracle’s cloud integration services allow businesses to migrate critical workloads with ease and speed. They can build cloud-native applications using Oracle’s developer and deployment services. Oracle has established cloud data centres in more than 40 regions, ensuring businesses can run workloads with confident continuity. Its automated cloud services help to reduce operational overhead, while over 80 compliance programmes ensure companies stay current with global, regional and industry regulations. Oracle’s cloud environments are protected with built-in security features, and its cloud computing is powered by renewable energies. It offers a free tier to encourage the building, testing and deployment of cloud applications. The CFI.co judging panel presents repeat programme winner Oracle with the 2022 global award for Best Cloud-based Integration Solutions.


KBC Group: Best Bank Europe 2022

Since its launch in 1998, KBC has aimed to become one of the best-performing financial institutions in Europe. The Belgium-based group has proven that it has the market position, liquidity and leadership to reach its goal. It focuses on banking and insurance services for retail, SME and mid-cap clients in Belgium, Czech Republic, Slovakia, Hungary and Bulgaria. First quarter results for 2022 were the best in the group’s history, thanks to prudent provisions at the onset of the pandemic that helped it to not only survive, but thrive. This summer, KBC became the first Belgian bank to issue a social bond. It also established a partnership allowing app users to compare energy prices and switch providers. KBC runs the business with a view for long-term stability. It has achieved exemplary growth — which never comes at the cost of profitability or sustainability. KBC Group received a nod from the European Central Bank for its climate review. The group advocates for climate responsibility, starting with the CEO and filtering throughout the ranks of 40,000 employees. KBC boss Johan Thijs has been nominated multiple times by Harvard Business Review as one of the best-performing CEOs in the world. Thijs has a background in data science and brings to banking the type of constant disruption made famous by market-creating tech companies, like Google or Amazon. The CFI.co judging panel is pleased to recognise KBC Group — a repeat programme winner — with the 2022 award for Best Bank (Europe).


Nordea Asset Management: Best ESG Team Europe 2022

Nordea Asset Management (NAM) forms part of a group with roots dating back to 1820. As the investment arm of Nordea Group, NAM integrates ESG commitments throughout the decision-making process to deliver returns with responsibility. Sustainability ranks high among Nordic values, and NAM levers its global reach and strong capital position to create positive impacts and drive change. As of March 2022, responsible investments (RI) make up 64 percent of NAM’s total AUM — €175bn of €273bn — representing a five percent jump over a one-year span. The company has a dedicated RI team with 27 ESG analysts. NAM practices active asset ownership and engages with investees to support and encourage their sustainability journey. In 2021, NAM initiated 1,033 engagement topics and voted at over 4,200 general meetings. It has a perfect track record voting in favour of climate resolutions. NAM recently introduced a Global Climate Engagement fund to target companies that could contribute to energy transition despite having a less-than-ideal carbon footprint. The company is currently collaborating on 36 RI initiatives, including seven projects or pledges that it joined in 2021. It’s a founding member of the Net-Zero Asset Managers initiative and helped to co-develop a framework for net-zero investments alongside other members of the Institutional Investor Group on Climate Change. NAM first registered on the CFI.co judging panel radar in 2014, and the jury has been impressed with its progress ever since. Repeat winner Nordea Asset Management claims the 2022 Best ESG Team (Europe) award.


Deloitte Cyprus: Best International Financial Advisory Team Cyprus 2022

Deloitte Cyprus forms part of a global organisation with a 150-year history, 286,000 employees in 150 countries, and four out of five Fortune-500 companies as clients. The company works with public and private sector clients, offering specialised services in risk and financial advisory, audit and assurance, consulting, tax, legal, family enterprise and international markets. The financial advisory team supports local businesses and international players in Cyprus, conducting the necessary feasibility studies and due diligence to help them fuel growth, mitigate risks and maintain regulatory compliance. Deloitte Cyprus has assisted companies with the assessment of project sustainability and the development of ESG strategies. Deloitte is proud to be involved in the green energy transition and creation of a new port in Cyprus. Strong collaboration across Deloitte’s global offices gives the team a competitive edge in research, networking and deal execution. Deloitte Cyprus offers assistance with M&As, divestitures, private placements, privatisations, equity capital and business valuation. It’s a rock of reliability in moments of financial crisis, stepping in to guide reorganisation and restructuring solutions to ensure the turnaround of a struggling business. Despite ongoing Covid complications, Deloitte Cyprus has successfully concluded the majority of projects that were put on hold by the pandemic. The company is walking clients through major changes to the Cypriot tax environment, including a new transfer pricing regime. The CFI.co judging panel presents Deloitte Cyprus — a programme winner for the third consecutive year — with the 2022 award for Best International Financial Advisory Team (Cyprus).


National Bank of Greece: Best Corporate Governance Greece 2022

National Bank of Greece (NBG) is a leading financial institution with a 181-year legacy of responsible corporate governance. The group employs 8,800 professionals through a network of branches and subsidiaries at home and abroad. NBG has earned the trust of six million customers, who rely on its broad range of individual, private, business, corporate and investment banking services. NBG aims to be the first-choice financial partner for customers, employees and investors by pursuing a future-forward vision rooted in innovation and sustainability. Among others, in 2022 NBG established a new Board committee to monitor long term trends and developments in the digital and ESG sphere — and provide respective feedback to the Board assisting in the formulation of implementation strategies. NBG follows best practices in corporate governance and aligns its corporate governance and sustainable development policies with national regulations and international standards. It’s a leading financer of clean energy and green economy projects. The group’s continuous investments in IT infrastructure are delivering results: NBG had over 2.5 million active digital banking users last year. Staff is always on-hand to help clients make the shift to online banking, as clients are moving more and more towards digital channels. NBG has a highly diverse Board of Directors, including members from different nationalities and backgrounds and maintains high independence and gender diversity levels on its Board. The CFI.co judging panel presents National Bank of Greece — a repeat programme winner since 2016 — with the 2022 award for Best Corporate Governance (Greece).


ATLAS Infrastructure: Best Climate Impact Responsible Investor UK 2022

Since its launch in late 2017, ATLAS Infrastructure has focused exclusively on listed infrastructure companies. ATLAS differentiates itself with its specialised focus, deep industry expertise and global coverage from its offices in London and Sydney. ATLAS integrates detailed climate change policy scenarios and emissions benchmarking at within its investment process. ATLAS’ Climate Advisory Board brings together experts to collaborate on pressing sustainability challenges. The founding director of Oxford’s Sustainable Finance Programme, Ben Caldecott, forms part of the board. So does Amandine Denis-Ryan, who oversees system change and capability at the leading climate change think-tank in Australia. The remaining board members have backgrounds in economic strategy, scenario modelling and energy innovation. The firm recently expanded the investment team — now 15 strong — improving on its already-impressive analytical capabilities. It has begun to work with the Institutional Investors Group on Climate Change (IIGCC) and non-profit Ceres as a thought leader on emissions forecasting and science-based targets. ATLAS is scheduled to present at the IIGCC’s Infrastructure Guidance event and Ceres’ Paris Alignment Investor Working Group. The firm promotes knowledge sharing and has been working with large institutional investors like Blackrock and LGIM to impart some of the lessons learned from its climate-centred approach. Climate commitments don’t come at the expense of investor returns. Over the past year, the firm has outperformed the broader listed equities index by approximately 20 percent. The CFI.co jury presents three-time winner ATLAS Infrastructure with the 2022 award for Best Climate Impact Responsible Investor (UK).


JP Morgan: Best CSR Banking US 2022

American multinational JP Morgan is pursuing a Corporate Social Responsibility plan designed to uplift communities through ongoing investments, business initiatives and philanthropic commitments. The investment bank and financial services holding company has more than 200 years of history and a presence in over 100 markets worldwide. The company levers its capital, data and expertise to fight climate change and develop long-term solutions that promote sustainability. It organises formation programmes to equip people with the skills and tools to advance in their personal and professional lives. It partners with small businesses and entrepreneurs to fuel job creation. JP Morgan is helping clients to achieve financial stability and meet long-term financial goals by developing innovative fintech tools, expanding financial coaching programs and supporting non-profits that empower people to save, pay down debt and build wealth. It designates investment and philanthropic capital and forges partnerships to help build stronger communities. The company has taken a stance against racial inequality — and pledged to spend $30bn to level the playing field. It is committed to breaking down barriers of systemic racism and driving inclusive economic growth, particularly in black and Latinx communities. JP Morgan’s commercial banking division contributes to the group’s CSR objectives through its day-to-day lending activities. The bank supports companies with a sustainable mindset and invests in affordable housing. The CFI.co judging panel has praised the company’s good deeds in previous programmes — and reaffirms its bragging rights in 2022 with the Best CSR Banking (US) award.


The AES Corporation: Best ESG Power Producer Global 2022

AES is a Fortune 500 energy company, delivering global scale and local impacts on four continents. The US-based company is headquartered in Arlington, Virginia and operates in 14+ markets, including in the United States, Central America, South America, Europe, and Asia. AES pulls from 41 years of history to develop energy solutions that fit the needs of its customers and the communities in which it operates. Some highlights from the company’s early years include the first documented US carbon offset programme, the first utility-scale battery energy storage in the world and the first to provide ancillary grid services for energy storage. Over the past year, AES has marked numerous milestones in its mission to accelerate the clean energy transition. It formed the US Solar Buyer Consortium with three other leading solar companies, investing upwards of $6bn to boost US domestic solar manufacturing. It signed a deal to provide renewable energy to Amazon and expanded on an agreement with Microsoft to supply California data centres with renewable energy. AES pioneered a first-of-its-kind robot to accelerate solar construction and has stated its intent to remove coal assets from its portfolio by 2025. It has invested $10m in over 100 social impact initiatives, which has benefitted more than three million people worldwide. The CFI.co judging panel has previously recognised the crucial role played by AES in driving the green energy transition. The jury continues to be impressed with company’s ability to unite people worldwide in the fight for a more sustainable future — and reaffirms AES’ bragging rights for the 2022 global award for Best ESG Power Producer.


Barrick Gold: Most Innovative ESG Mining Solutions Global 2022

Barrick Gold understands that ESG criteria must be measured before they can be properly managed. The Canadian company has mining operations in 18 countries across North and South America, Southeast Asia and the MENA region. It recently expanded carbon calculations to include the scope-three emissions produced throughout its value chain. Barrick is working with tech partners to cut emissions. It’s testing a new assay method that has delivered improved samples as well as savings in energy, emissions and time. Barrick department representatives collaborate in site-specific teams to combat climate change, bringing diverse perspectives together to implement actions. Sustainability performance and incentives for senior and operational leaders are interlinked and accounted for 25 percent of long- and short-term incentive schemes in 2021. Barrick implements measurable conservation actions to increase biodiversity across its sites and promotes circular economies to create value from waste. The company invests in the socio-economic development of its host countries and allocates funding as recommended by its Community Development Committees (CDCs). Elected committees unite the local leaders and community members — including women and youth — that best understand the region’s needs. One Barrick representative also comes to the table. In 2021, Barrick invested over $26.5m through its CDCs in five priority areas: education, health, food, water and local economic development. For the third consecutive year, the CFI.co judging panel has found reason to celebrate the sustainability credentials of the company — and announces Barrick Gold as the 2022 global award winner for Most Innovative ESG Mining Solutions.


Wing Bank (Cambodia) Plc: Best Social Impact Bank Cambodia 2022

Since its launch in 2008, Wing Bank (Cambodia) has worked to provide all Cambodians with convenient access to digital financial solutions that improve their daily lives. The bank has experienced a remarkable transformation in a relatively short span, evolving from a third-party processor to a specialised bank and, since last Autumn, a fully licenced commercial bank. Wing brought in a new CEO, Han Peng Kwang, a specialist with 25 years’ experience in commercial banking, to lead the bank in the next phase of its journey. The bank puts its customers at the heart of operations, prioritising their needs and promising quick responsiveness. Wing sees its employees as the pillar of the bank, and has created a progressive work culture where they can realise career aspirations while making positive community impacts. The bank helps to strengthen communities by delivering cost-effective mobile money services that promote financial inclusion, catalyse growth and reduce social inequalities. All the above is tied together by strong corporate governance standards that protect and balance shareholder and stakeholder interests. Wing recently expanded the product line to include loans and savings accounts. It also helps clients cover unexpected expenses by allowing salaried employees to draw a cash advance on their wages. During the Covid pandemic, Wing partnered with the ministry of affairs to distribute funds to the hardest-hit populations. The CFI.co judging panel congratulates repeat winner Wing Bank (Cambodia) on claiming the 2022 award for Best Social Impact Bank (Cambodia).


MAC SA: Best Stockbroker Tunisia 2022

Over the past 30 years, MAC SA has evolved into a multidisciplinary financial services company specialising in stock market intermediaition, corporate finance, financial engineering, asset management and Investment research. MAC SA was founded in 1992 and benefits from a cohesive team with extensive experience in financial markets. MAC SA is the stock market leader and is ranked among the top three asset management firms in the country. The Tunis headquartered financial company has proven efficient in helping individual, corporate and institutional clients to navigate COVID crisis by focusing on clients and tailoring services to meet their needs. MAC SA has reoriented the business model to target more bond issuance, levering its expertise as a deals arranger to help companies et countries climb out of debt. It’s also getting more business from M&A markets, as crisis-hit companies turn to MAC SA for help consolidating activities or lining up potential buyers. Following the path of the parent company, MAC AFRICAN SGI, the Ivorian subsidiary of MAC SA, and after a few years of existence, is currently ranked among the top 5 brokerage companies in the WAEMU region and has recently signed a partnership with a local company to develop its asset management capacities. Business is flourishing in a post pandemic world, and MAC SA is proud to contribute towards the region’s recovery and competitiveness. MAC SA feels confident that it will be able to adapt to changes in the industry by identifying market trends and swiftly responding to tweak an offering where needed. The CFIco judging panel presents MAC SA a repeat programme winner- with the 2022 award for best Stockbroker (Tunisia).


Export-Import Bank of Thailand: Best Product Innovation for Sustainable Development Thailand 2022

The Export-Import Bank of Thailand (EXIM Thailand) rejects antiquated business models that put profits over people and planet. To support the transition to a green, low emissions and climate-resilient global economy, EXIM Thailand has played an important role in financing such green growth initiatives. One of the latest flagship projects - Solar Orchestra - aims to equip the country's industrial rooftops for solar energy production. Industrial companies benefit from financial support by EXIM Thailand in collaboration with partners including PTT Public Company Limited Group, a major oil player and the biggest energy producer in the country, which cover financing of the equipment, and over the next seven years, collect carbon credits to offset the carbon footprint across its portfolio. Afterwards, the rooftop solar equipment belongs to the factory owner. The programme promotes collaboration between larger and smaller enterprises while also contributing to a greener energy landscape, and, by supporting carbon credit registration for Thai entrepreneurs, driving forward carbon-neutral economy. EXIM Thailand has also launched "EXIM Biz Transformation Loan" to support investment for improvement of efficiency in production process with offering of low interest rate credit line. Further, EXIM Thailand offers business owners financial and non-financial support to align operations and objectives with rapidly evolving ESG expectations. EXIM Thailand's financial facilities including export credit insurance help Thai businesses reach global markets confidently, while its one stop service centre for SMEs guide them through the export process. One EXIM CSR programme - allowing farmers to "play" in a sandbox ecosystem where agricultural products are transformed, packaged, launched online and successfully exported to global markets - has been praised by both public and privates sectors for improving small farmers' lives, raising their income and expand the level of sustainable livelihoods in rural areas. The CFl.co jury presents EXIM Thailand with the 2022 Best Product Innovation for Sustainable Development (Thailand) award.


Nasdaq: Most Innovative Compliance Management System Global 2022

When Nasdaq began operations in 1971, it introduced the world's first electronic stock market as a quotation system without the option to perform electronic trades. The global system is headquartered in New York and has the second-highest market capitalisation of traded shares worldwide. It gives investors and businesses access to global markets and levers data to extract insight and drive growth. Nasdaq helps global brands accelerate valuation strategies, activate ESG implementation and improve corporate governance. It has developed technology to uphold, expedite and secure markets. Nasdaq business solutions tackle financial crime across a range of compliance silos, organisations, regions and data pools — detecting and fighting nefarious activity as it occurs. Financial crime, according to the UN, is a multi-trillion-dollar enterprise that funds and enables narcotics trafficking, modern slavery and other types of criminal activity. Financial crime damages trust in markets and illegitimately enriches an individual or group. Nasdaq lends a hand to companies attempting to assess vast amounts of data to effectively detect anomalies and prioritise areas for investigation, helping to distinguish between a false alarm and a critical discovery. The exchange believes that a holistic approach to financial inclusion can assist in mitigating the advancement of financial crime. With Nasdaq, businesses can better understand the challenges, build awareness, promote financial inclusion and drive financial empowerment to build long-term financial well-being, freedom and stability. The CFI.co judging panel presents repeat winner Nasdaq with the 2022 global award for Most Innovative Compliance Management System.


TotalEnergies Azerbaijan: Outstanding Contribution to Sustainable Transformation Azerbaijan 2022

[caption id="attachment_10925" align="aligncenter" width="900"] Managing Director and Country Chair of Total Energies in Azerbaijan: Regis Agut[/caption]

TotalEnergies is a multinational French company created in 1924 — and now driving an energy transformation in 130 countries. In Eurasia, straddling Western Asia and Eastern Europe, TotalEnergies works within company’s climate-centered transformation strategy to deliver affordable, clean energy. The company has a history of supporting national energy resilience by developing oil and gas assets, but it's been pushing to clean up the portfolio. TotalEnergies has been active in Azerbaijan since 1996, primarily through its gas operations. In 2015, TotalEnergies sales were split between approximately 65 percent petroleum products and 33 percent natural gas. Last year, the energy mix rebalanced at around 44 percent petroleum, 48 percent natural gas, seven percent (mostly) renewable electricity and two percent biomass or hydrogen. The company continues to phase out oil production and is looking to natural gas as an ideal transitional solution in the net-zero journey. TotalEnergies identifies opportunities in international markets, working with government and business partners to boost renewable energy production. Transformational strategies are driven by the SDGs and aligned with climate targets. TotalEnergies plans to increase renewable energy capacity to 35 gigawatts by 2025 and 100 gigawatts by 2030 globally while TotalEnergies Azerbaijan is focused on development of renewable portfolio in the country. The company is working with the Azerbaijan - France Chamber of Commerce to build a sustainable energy roadmap for the nation and its people. It supports gender equality initiatives and invests considerable resources to educate and promote local talent. The CFI.co judging panel announces TotalEnergies Azerbaijan as the 2022 award winner for Outstanding Contribution to Sustainable Transformation (Azerbaijan).


Jusan Bank: Best Bank Kazakhstan 2022

Jusan Bank has demonstrated the vision and strength to thrive in challenging macroeconomic environments. Over the past three decades, it has gained a deep understanding of consumer banking requirements and responded with an array of product developments and fintech partnerships. It serves retail, business and private banking clients. Jusan Bank refers to 2021 as a breakthrough year of quantitative growth that has laid the foundation for a qualitative transformation of the entire group. It has made significant progress on the recovery of the loan portfolio acquired from troubled Tsesnabank and fast-tracked a merger with ATFBank. Swift integration of services following the merger ensured maximum retention of clients. It has prioritised continuous investments towards the development of Kazakhstan’s financial ecosystem, which has prompted the national bank to recognise Jusan Bank as strategically important. Jusan Bank takes a holistic approach to ensure balanced risk management. It has exceeded regulatory minimums for capital adequacy and current liquidity ratios, respectively at 28 percent and 211 percent. In terms of equity and liquidity, Jusan Bank ranks among Kazakhstan’s top three banks, as underscored by the “stable” outlook assigned by Moody's. The bank’s governance policies are rooted in responsibility. It has prevented the bankruptcy of two substantial financial institutions, built a modern financial ecosystem from scratch and adopted increasingly ambitious ESG standards. It allocates sizable support for national education and science initiatives. The CFI.co judging panel presents Jusan Bank — a repeat programme winner — with the 2022 Best Bank (Kazakhstan) award.


Ahli United Bank: Best Global Network Bank GCC 2022

Ahli United Bank B.S.C. (AUB) boasts an extensive network of 157 branches in eight countries. The group is headquartered in Bahrain with a well-established presence in Kuwait, the UAE, Oman, Iraq, Egypt, Libya and the UK. Performance figures for AUB point to an excellent recovery from Covid-caused challenges,. AUB reported a net profit attributable to its equity shareholders of $340.9m and a return of average equity of 15.3 percent for the six-month period ending on June 30, 2022. Bank leadership believes that AUB’s strong performance underscores its resilience and ability to deliver sustainable core earnings on a consistent basis — despite volatile market conditions. The bank cites its multi-market investments, robust risk management, cost control measures and cross-border business flows as the secret to its success. AUB recently concluded an agreement with Citibank to acquire its consumer banking business in Bahrain which will further enhance AUB shareholders’ value. AUB is currently in the process of a transaction with Kuwait Finance House through a share-swap deal which is expected to be completed by October of this year. The deal will see the combined entity’s global assets rise to more than $115bn, positioning it as one of the largest Islamic banks in the World. The CFI.co judging panel presents Ahli United Bank — a repeat programme winner — with the 2022 award for Best Global Network Bank (GCC).


IDFC FIRST Bank: Best Sustainable Banking Strategy India 2022

IDFC FIRST is building a world-class bank that’s guided by ethics and powered by technology to be a force for social good. The bank was formed by a 2018 merger between erstwhile IDFC Bank and Capital First, combining the strengths of infrastructural financing with retail lending for consumers and micro-entrepreneurs. IDFC FIRST Bank prioritises customers’ needs and pushes for innovation throughout the product line-up. It was the first universal bank in India to offer a savings account with monthly interest credits. It introduced credit cards that are free for a lifetime and waived fees for many banking services. IDFC FIRST customers appreciate the convenience of paying toll, fuel and parking charges with India’s first RFID (radio frequency identification) tag. The bank’s business strategy is rooted in sustainability, inclusion and sound corporate governance. It incorporates ESG considerations across all aspects of the value chain and recently appointed a dedicated head of ESG and consumer lending. IDFC FIRST believes the nation’s net-zero initiatives will open significant financing opportunities in areas like climate adaptation and green economies. The bank levers its capital, digital innovation and talent to deliver meaningful impacts across the operational ecosystem. The CFI.co judging panel has praised the bank in past programmes, deeming IDFC FIRST as India’s most transformed bank in 2020 and its most promising new bank in 2019. For the second consecutive year, the jury has awarded IDFC FIRST Bank with the title of Best Sustainable Banking Strategy (India 2022).


Stantec: Best Gender Inclusion Strategy North America 2022

Stantec continues to build on the legacy created by its founder, Dr. Don Stanley, the first Canadian to earn a PhD in environmental engineering. From its start as a sole-proprietor operation in 1952, Stantec has evolved into a global design, engineering and sustainable consulting firm with a network of 26,000 employees and 400 offices across six continents. The company consistently ranks among the top ESG performers worldwide. Stantec manifests a motto of “better together” by forging strong partnerships and fostering a corporate culture of inclusion, diversity and equity. Stantec has introduced flexible working structures and created a fund to help employees facing financial hardship. It conducts analyses to identify and close gender and minority pay gaps. Stantec has been included on Bloomberg’s Gender-Equality Index for three consecutive years and was praised by Forbes as a female-friendly and diverse employer. Stantec’s Employee Resource Groups offer networking and development opportunities for its diverse workforce: women; Black, Latino and Asian people; indigenous peoples; the LGBQT community; people with disabilities; and military and veteran advocates. Stantec was recognised in 2021 as one of the world’s 100 most sustainable corporations. It received a prime ESG rating from the Institutional Shareholder Services and an A- from the Carbon Disclosure Project. The CFI.co judging panel has unanimously voted for Stantec — a repeat programme winner — in the 2022 award category for Best Gender Inclusion Strategy (North America).


Unity WTW: Best Sustainable Insurance Solutions Team Central America 2022

Regional insurance broker Unity Willis Towers Watson (Unity WTW) has established an expansive presence throughout Central America. The company’s network of market-leading insurance providers caught the attention of US-based Willis Towers Watson, a global advisory, broking and solutions company with a 195-year history and a presence in 140 countries. Willis Towers Watson acquired Unity Group (formerly Unity Ducruet) in 2020. The parent company strengthened its foothold in Central America while its subsidiary gained access to a broad global network. Unity WTW provides insurance products to more than 300,000 individual clients and 5,000 businesses, including around 700 multinationals. It processes over 200,000 health, motor and liability claims annually and has experience handling larger claims. The broker combines standardised processes and its own methodology to create a Personalised Risk Overview and determine insurance conditions and costs. Unity WTW levers the regional expertise of its people with the global vision of its parent company to develop data-driven analytical solutions that can help organisations to shape strategy, improve resilience, motivate staff and maximise performance. It aims to enhance the customer journey by investing in continuous tech innovation. Unity WTW uses client relationship management programmes, web platforms, microsites, dashboards, digital claims tools and mobile apps to provide customers with the most convenient and secure service possible. The CFI.co judging panel is pleased to present Unity WTW — a repeat programme winner — with the 2022 award for Best Sustainable Insurance Solutions Team (Central America).


The Co-operative Bank: Most Ethical Bank UK 2022

The Co-operative Bank is a purpose-driven financial institution that puts customers first and principles into action. The bank is celebrating 150 years of ethical banking and has strong commitments to the planet, its people, and the communities it serves. The bank isn’t a co-operative in the traditional sense, but its ethical policies fall within that business ideology. Since 1992, The Co-operative Bank has sought customer feedback to shape policies and lead by example as the only ethical alternative on the high street. The bank’s ethical mandate is fully underwritten by its shareholders and celebrated by its customers and partners. The bank has been beyond carbon neutral for over 15 years running - every year it adds an additional offset of 10 percent to address historic emissions. In 2021 The Co-operative Bank recycled 70 percent of its operational waste and reduced energy consumption by 18 percent year-on-year. It relies on renewable sources to power operations and promises that clients’ money will never be used to finance fossil fuels, oppressive regimes or unethical labour practices. The bank believes in collective responsibility and isn’t afraid to turn away business that doesn’t adhere to the same standards. With its market-leading ESG credentials and financial strengths, the bank is proving that sustainability just makes good business sense. In recognition of 150 years of proactive business practices, the CFI.co judging panel unanimously voted for The Co-operative Bank as the 2022 award winner for Most Ethical Bank (UK).


Liechtenstein Bankers Association: Outstanding Contribution to Good Bank Governance Liechtenstein 2022

Liechtenstein is an Alpine paradise known for its political stability and economic prowess. Liechtenstein Bankers Association strives to maintain and improve on the country’s renown as one the most prestigious and respectable financial hubs in the world. The association unites 12 Liechtenstein banks, which collectively have more than 5,000 employees and CHF 425 billion in assets under management worldwide. The association launched a new multi-year strategy, Roadmap 2025, that lays out guidelines for Liechtenstein banks to achieve growth through sustainability and innovation. It sets ambitious goals and is making good progress on all metrics. The association implements science-based standards to avoid and reduce CO2 emissions as well as offsetting projects to cover unavoidable emissions. Liechtenstein Bankers Association has fulfilled its net-zero commitment for 2021 and 2022 emissions through a carbon retirement partnership with a REDD+ project in Colombia. It commemorated the occasion with 500 non-fungible tokens (NFTs) in collaboration with KlimaDAO, Swappable / TrustSwap. Initially, the NFTs could only be claimed by employees of member banks, making them ambassadors of the Roadmap 2025 strategy, but before end of November  2022, the tokens will become publicly available. Liechtenstein has passed some of the most transparent and comprehensive blockchain legislation in the world, providing a secure and trustworthy environment for cryptocurrencies, tokens and other digital assets. In recognition of its ongoing efforts towards sustainability and digitalisation, the CFI.co jury declares Liechtenstein Bankers Association as the repeat winner of the Outstanding Contribution to Good Bank Governance award (Liechtenstein, 2022).


Nordea Finance: Most Innovative Climate Impact SME Finance Scandinavia 2022

As the largest finance company in the Nordics, Nordea Finance plays an outsized role in leading the region’s green movement. It serves over a million clients across the Nordics and has extended more than €21bn in credit volume for personal and corporate vehicles, business equipment, retail financing and corporate factoring invoices. The Nordic market is a global frontrunner in sustainability, and Nordea Finance is committed to strengthening an already stellar reputation. It sets clear climate targets and pursues them with uncompromising vision and passion. By 2030, Nordea Finance intends to halve its internal emissions and slash emissions across investment and lending portfolios by 40 to 50 percent. It’s fuelling green transport by financing electric and hybrid cars, EV charging stations and e-mobility solutions, like bikes and scooters. It’s helping to move households away from carbon polluting practices by financing renewable energy upgrades, like solar panels and heat pumps. Nordea Finance has identified sustainable megatrends in the household market that will impact future business. Increased regulation will require more comprehensive tracking and reporting of carbon emissions — an area where Nordea is already ahead of the curve. It capitalises on evolving consumer behaviours and big data analytics to drive the change and unlock a business-first approach to sustainability. The CFI.co jury has been inspired by the ambitious ESG commitments set — and superseded — by Nordea Finance, a repeat programme winner of the award for Most Innovative Climate Impact SME Finance (Scandinavia, 2022).


Norvestor: Best Sustainable Equity Investor Nordics 2022

Since its launch in 1989, private equity firm Norvestor has been backing innovative companies seeking to solve global challenges. The firm targets Nordic companies with inspired leadership and revenues ranging between €25m to €250m. The firm has a large and experienced team, with offices in Oslo, Stockholm, Helsinki, Copenhagen and Luxembourg. Norvestor has integrated ESG considerations throughout the investment process due to its potential as a driver for sustainable growth and competitive advantage. Potential investments are assessed through a risk-reward matrix and subject to extensive screening. Norvestor takes a structured approach to promoting sustainable business practices by first establishing a baseline of the portfolio company’s footprint. The fund manager then collaborates with portfolio companies to identify methods of reducing carbon emissions and amplifying positive contributions to people and the planet. Ongoing monitoring and transparent disclosures ensure all investments continue to contribute to the SDGs. It forges partnerships with portfolio companies to fuel growth over a three- to six-year holding period. Norvestor has completed six successful exits in recent times, including four investments averaging a nearly fivefold gross multiple of invested capital. Over the past year, the firm has worked with portfolio companies to implement over 100 priority projects designed to deliver outsized ESG impacts alongside business benefits. Norvestor companies continue to chip away at carbon intensity, now down half from 2018 levels. The CFI.co judging panel recognises the ongoing efforts of Norvestor — a repeat programme winner — with the 2022 award for Best Sustainable Equity Investor (Nordics).


Gate Capital: Best Corporate Finance Advisory Team Middle East 2022

Founded in 2009, Gate Capital is recognised as one of the well-established Corporate Finance and Advisory firms in the Middle East. Gate takes a blended approach to corporate finance advisory supported by multi-disciplinary industry experience and a global network of investment partners. Gate Capital has proven itself capable of structuring complex transactions and innovative funding solutions that have solidified its sterling regional reputation, with an impressive track record  and more than $1.5bn of successfully closed transactions since inception. The firm works with a large variety of clients,  from large corporations and family offices to start-ups and  SMEs. Gate Capital has recently successfully advised on a Goldman Sachs investment in Sunset Hospitality, a milestone achievement for the investment landscape in the Middle East, thus cementing Gate’s capabilities to respond to fleeting market opportunities with an experienced team that delights in customising solutions to client needs. Furthermore, the firm has built a venture investment banking arm that has widened exposure beyond the typical corporate finance sphere. Gate Ventures gathered five leading portfolio companies in additive manufacturing, food & agritech and healthtech over the past 12 months. The Dubai-based firm is tapping into the regional talent pool to give start-ups  the most personalised handholding solutions possible throughout their journey  Gate Capital dedicated team members sit with business leaders to understand their requirements  and chart a path to achieve optimised objectives. Gate Capital strives to deliver longevity and resilience in the face of turbulent market conditions and takes on the role of CIO for many of its clients. The firm aims to become a one-stop shop for businesses, with a wheelhouse of expertise that covers debt and capital structuring advisory, corporate, governance and strategy tailoring  as well as transformation solutions , financial feasibility studies and market in depth study along with business planning. The CFI.co judging panel presents Gate Capital — a repeat programme winner — with the 2022 award for Best Corporate Finance Advisory Team (Middle East).


Beer & Young: Best SME Growth Capital Solutions UK 2022

Beer & Young (B&Y) has found its niche as a corporate finance boutique in the UK, where SMEs account for 99.9 percent of the business population. The firm is driven by a multidisciplinary team of entrepreneurs, accountants, bankers and investors dedicated to helping UK businesses fuel growth and overcome challenges. Founded in 1998, the firm connects entrepreneurs to a network of active investors and private equity funds looking for good business opportunities. The B&Y team can be reached round-clock by mobile phone and stays in close contact with clients and investors to create win-win solutions that match funding needs with capital providers. B&Y investors contribute more than just capital in a crunch; they bring the business know-how and contacts that can propel an SME to the next level. The firm targets SMEs with up to £50m in turnover and fewer than 100 employees. Funding ranges from £250,000 and £25m in equity or debt. Over the past eight years, B&Y has helped cash-constrained SMEs raise growth capital and urgent funding to the tune of £34m in equity and £43m in debt. B&Y has seen an uptick in business from quality companies struggling with cash pressures and working capital woes. It races to secure funding in turnaround situations when the timing is most critical, often raising capital within two to six weeks. The CFI.co judging panel announces Beer & Young as the 2022 award winner for Best SME Growth Capital Solutions (UK).


Continental Reinsurance PLC: Most Innovative Reinsurer Africa 2022

From its Nigerian roots, Continental Reinsurance has evolved over the past three decades into a truly pan-African player. Since its launch in 1985, the company has become one of the few African reinsurers with the resources and skills to challenge the multinationals operating on the continent. The history of Continental Reinsurance is marked by strong corporate governance and international best practices and always with a key focus on innovation. The reinsurer’s commitment to above-board operational standards has proven fundamental in attracting capital from international investors, including some prominent names from South Africa and America. Continental Reinsurance has earned the trust of its clients as well as the market. It is benchmarked against the highest international standards and has achieved the “AM Best” rating for 13 years. The reinsurer has an AM Best Financial Security Rating of B+, and a Long-Term Issuer Credit rating of BBB-, which is a couple of notches above the Sovereign rating of Nigeria. Continental Reinsurance credits its success to the calibre of its people, who bring unmatched experience and strength to the team. Together, they have built a formidable entity with a diverse portfolio and far-reaching ambitions. It has six offices and several specialist subsidiaries located across the continent. The portfolio spans more than 50 countries and features a mix of relevant product focus areas, including large Commercial, Industrial, Engineering, Energy and other property installations, infrastructure development, and Agriculture, to support Africa’s food security. The company leads by example on ESG issues and strives to deliver sustainable value to shareholders and stakeholders alike. The CFI.co judging panel announces Continental Reinsurance PLC as the 2022 award winner for Most Innovative Reinsurer (Africa).


Agency for the Promotion of Investment and Exports: Outstanding Contribution to Trade Africa 2022

APIEX (Agency for the Investment Promotion and Exports) aims to strengthen Mozambique by promoting trade, attracting foreign direct investments (FDI) and supporting exporters. The government-owned agency was established in 2016 as the result of a merger between the Investment Promotion Centre, Special Economic Zone Authority and Institute for Export Promotion. Mozambique’s target sectors for FDI are agriculture, infrastructure, manufacturing, tourism, energy, oil and gas.

The agency presents Mozambique as an ideal FDI opportunity. The country’s economy has been driven by capital formation and has demonstrated a sustained period of GDP growth. Mozambique ranked as the second-highest FDI destination in Sub-Saharan Africa in 2015. According to UNCTAD’s World Investment Report 2022, African countries received a record $83bn of FDI in 2021. Of that total, $5.1bn went to Mozambique, representing a 68 percent increase in FDI over the previous year.

APIEX provides prospective investors with the necessary information to enter the Mozambique marketplace with confidence. It coordinates with potential partners to promote the development of special economic zones and industrial free zones. It offers fiscal incentives and provides guidelines for partnerships. Free SME trade courses prepare local entrepreneurs to expand, covering topics like export markets, negotiations, logistics, e-commerce, sustainability standards and building competitiveness. Online tools help identify markets and products with untapped potential. Useful documents concerning the regulatory framework can be accessed via the digital library. APIEX wins the 2022 award for Outstanding Contribution to Trade (Africa).


Appian Capital Advisory: Best ESG Mining Investment Strategy Global 2022

Since its launch in 2012, Appian Capital Advisory has been investing in Metals and Mining operations and related infrastructure that support the green energy transition such as copper, nickel and rare earths. Headquartered in London, but with offices globally, the firm has helped its portfolio companies and local stakeholders develop 8 assets into production in the last 4 years alone. Appian's strategic vision revolves around ESG from an end product perspective as well as a social license to operate perspective. Appian considers the social and environmental impacts of all potential investment projects as part of a 360-degree due diligence process to create shared benefits with host communities. At present, there are three active mining operations, extracting nickel, copper and cobalt from two sites in Brazil and one in West Africa. The firm manages two equity funds and has eight international locations, alongside US$2bn in assets under management, including co-investment. Appian has created 4,650 jobs directly and over 11,000 indirectly. Its workforce is 16 percent female with 85 percent of employees recruited locally. In 2019, the company’s philanthropic arm, Appian Way Charity Foundation (AWCF), decided to focus on educational projects that would deliver the greatest impact per dollar spent. The AWCF approved a US$1.7m budget to implement teacher training programmes expected to benefit 120 teachers and 8,000 students. It also donated US $25,000 to the Young Mining Professionals Scholarship Fund to support post-secondary and post-graduate studies in the field. The CFI.co judging panel announces Appian Capital Advisory as the 2022 global award winner for Best ESG Mining Investment Strategy.


Banca Generali: Best Sustainable Private Bank Italy 2022

Banca Generali, a private bank founded 22 years ago, is leading Italy’s financial market towards more sustainable practices. The bank is responsible for €80.4bn in AUM, with ESG AUM accounting for 15 percent of managed assets. ESG considerations form the central pillar of Banca Generali’s development and growth plans. In recognition of the bank’s ongoing commitment to responsible investments, it has been promoted by the financial research and index provider, MSCI, which raised its ESG rating from BBB to A in November 2022 and also by Sustainalytics with ESG Risk Rating update to "negligible". Banca Generali’s MSCI ESG rating has been upgraded four levels over the past five years. In October 2021, Euronext and the Borsa Italiana, where Banca Generali was listed in 2006, included the bank on the newly formed MIB ESG index, which recognises Italian blue-chip companies with exemplary ESG practices. Banca Generali has assembled a top-notch team to ensure clients’ needs and ambitions are met. Nearly half the bank’s workforce is female, and all its consultants are trained in sustainable finance. Banca Generali excludes companies that violate the UN’s Global Compact from its investment universe and pursues opportunities that can align traditional financial returns with tangible contributions towards the SDGs. It operates on a business model that creates shared value for all stakeholders centred around quality service, innovation and sustainability. In 2021, its activities generated over €1bn in global added value. The CFI.co judging panel presents repeat programme winner Banca Generali with the 2022 award for Best Sustainable Private Bank (Italy).


Peabody: Best ESG-Responsible Mining Company Global 2022

Peabody, the largest non-state-owned global coal company, reported $3.3bn in revenue for 2021 and believes coal has a place in the global energy mix as a means to provide affordable energy, steel and concrete.

The company aspires to reach net-zero emissions by 2050 and has prioritised several ESG areas crucial to reaching that goal including announcing a short-term goal of reducing Scope 1 and 2 emissions from its operations by 15% (from 2018 levels) by 2026. Peabody recently announced a 50 percent stake in R3 Renewables, which plans to develop over 3.3 gigawatts of solar photovoltaic production and 1.6 gigawatts of battery storage capacity over the next five years.

Peabody is taking steps to reduce environmental impacts, preserve biodiversity, cut greenhouse gas emissions, optimise resources, and reduce waste. Over the past five years, the company has restored more than 1.1 acres of mined land for every acre disturbed. It scores high on the social side as an employer of choice committed to diversity and inclusion, health and safety, community engagement, defence of human rights and maintaining a strong supply chain. Peabody's new CEO, Jim Grech, brings over thirty years of industry experience to the leadership team. The CFl.co judging panel presents Peabody - a repeat programme winner - with the 2022 global award for Best ESG-Responsible Mining Company.


La Trobe Financial: Best Investment Management Team Australia 2022

La Trobe Financial takes pride in a well-earned reputation for strong portfolio performance. The Australian firm has refined its signature approach over seven decades of institutional and retail experience. As a diversified credit asset specialist, La Trobe Financial serves clients primarily through its two complimentary business segments: investments and loans. The Asset Management segment of La Trobe Financial is responsible for $8.5bn of the Group’s $15bn in AUM — and, since its inception, has never lost a single cent in pooled offerings. The firm stands in a class of its own, with a track record of impeccable performance driven by a team of committed investment experts. The team takes a bottom-up approach to investor relationships, providing them with deep insights and transparent portfolio management. The firm’s CEO, Chris Andrews, sets the tone for the team, reminding them of the sacrosanct pact with their clients: “Everything we do is predicated on the fact that we are managing other people’s money, we are trusted stewards of people’s futures.” As such, the team tends to build granular pools that lend themselves to a built-in conservatism. This strategy has proven successful across economic cycles. Despite the pandemic-induced volatility in financial markets, La Trobe Financial achieved strong results. It has carefully navigated the uncertainty of the past 12 months and feels confident that its portfolios can withstand the market volatility caused by current conflicts and inflationary pressures. The CFI.co judging panel presents La Trobe Financial — a repeat winner — with the 2022 Best Investment Management Team (Australia) award.


PGM Global Inc: Best Global Portfolio Strategy Team North America 2022

PGM Global brings over 50 years of experience in the securities industry to help clients master international markets. It has established a homebase in North America, with headquarters in Montreal and an office in New York, but its reach and expertise extends worldwide. The boutique firm operates a trading desk — 24 hours a day, five days a week, $78bn annual trading volume — that plays a crucial part in the execution of transition management services. It works with institutional investors to execute trading in equities, fixed income and currencies. In addition to trading and transition, the PGM team also specialises in global macro research. The team distils global macro trends into concise trades ideas tailored to client’s needs. Despite the current economic environment, PGM Global has found 2022 to be an active year with an uptick in projects. Clients appreciate the high calibre and extensive scope of PGM’s research capabilities. The team is travelling more since Covid restrictions have loosened, prospecting internationally for new clientele and establishing touchpoints across its operational sphere. PGM Global strives for excellence in all endeavours and has won the loyalty of its clients — as well as a nod from the CFI.co judging panel. PGM Global, a repeat programme winner, claims the 2022 award for Best Global Portfolio Strategy Team (North America).


PGM Global Inc: Best Transition Management Team North America 2022

[caption id="attachment_10957" align="aligncenter" width="900"] Patrick Belland, CFA, CEO & President at PGM Global Inc. with Lord JD Waverley, Chairman of CFI.co[/caption]

PGM Global is a boutique investment firm with headquarters in Montreal and an office in New York. It specialises in securities trading, transition management and global macro research. PGM Global runs its trading desk day and night throughout the workweek, reaching $78bn in annual trade volume. PGM’s transition management service brings all investment types — equities, fixed income and currency — across its trading desk. The firm assists clients to update the structure of their portfolios in the most efficient and cost-effective manner possible. It conducts an exhaustive pre-transition analysis to chart a smart trading strategy, with special attention paid to managing the opportunity cost. It helps clients save time and money through competitive commissions, strategic executions, coordinated custodial communication and well-managed risk exposures. It settles transition trades with prompt efficiency and offers flexible-reporting options that promote transparency and reduced operational risks. PGM’s transition management projects increased more than 40 percent over the previous year. The firm continues to add new clients from around the globe. In 2022, PGM Global helped clients make small tweaks and wholesome changes to their portfolios as well as trimming when necessary. PGM Global first registered on the CFI.co radar in 2019, earning praise from the judging panel for its transparent pricing schedule and conflict-free executions. The company continues to find favour in the awards programme, as the jury has unanimously voted for PGM Global in the category of Best Transition Management Team (North America, 2022).


LCN Capital Partners: Best Sale-Leaseback Investment Strategy Global 2022

LCN Capital Partners has a proven track record in the primary sale-leaseback and build-to-suit markets. Unlike most competitors, the investment committee of LCN Capital Partners is run by its cofounders, Edward LaPuma and Bryan Colwell. This nimble setup enables the firm to make investment decisions with speed, confidence and confidentiality. Founded in 2011, LCN Capital Partners provides tenant-clients with non-bank funding and investment partners with long-term, inflation-protected returns. The company manages eight funds and six portfolios containing over $6bn in real estate assets. It targets corporate tenant-clients and mission-critical real estate across the US and Europe. LCN Capital Partners has dozens of professionals working out of offices in New York, Luxembourg, London, Amsterdam and Cologne. LCN Capital Partners cultivates long-term, mutually beneficial relationships with tenant-clients and investors. The company was happy and humbled to achieve a 100-percent reinvestment rate on its third fund. Repeat investor participation enables the company to provide tenant-clients with the capital to fuel growth. Direct relationships and open communication helped LCN Capital Partners maintain tenants and collect rent throughout the Covid pandemic. LCN leadership has no intentions of tinkering with a formula that’s proven successful for nearly three decades now. The company will continue to uphold its underwriting criteria and provide for investment partners, which will in turn provide tenant-clients with the capital that they need. The CFI.co judging panel congratulates LCN Capital Partners on claiming the 2022 global award for Best Sale-Leaseback Investment Strategy.


MAP S.Platis: Best Financial Services Advisory Cyprus 2022

Over the past two decades, innovation has been key to the success of MAP S.Platis. It’s an integral part of the Group’s DNA, permeating all its products and services.

MAP S.Platis is a leading financial services consulting group with clients including regulators, banks, funds and fund managers, investment firms, brokers, fintech firms, insurance firms and payment and electronic money institutions. Its expert team, which comprises over 400 high-calibre professionals, provides tailored solutions in licensing, regulatory compliance, risk management, internal audit, human resources, regulatory technology, information technology, business resilience, information security (including cybersecurity), governance, executive training, and innovation consulting to financial and other firms in the UK, Cyprus, and the EU.

MAP S.Platis works closely with regulators and the financial services industry to bridge the gap and identify trends, and also challenges the misconception of compliance as a business obstacle by identifying issues and solutions with passion, creativity, and professionalism.

This pioneering Group has also developed comprehensive and cutting-edge regulatory reporting solutions, provided through its regulatory technology firm, MAP FinTech, and has also established the European Institute of Management and Finance (EIMF), a leading provider of premium courses, professional and executive education, eLearning, and tailored learning solutions with an emphasis on the financial and professional services sector.

The CFI.co judging panel welcomes MAP S.Platis to the awards programme circle of winners, as Best Financial Services Advisory (Cyprus, 2022).


Active Capital Reinsurance: Best Specialised Reinsurance Solutions Global 2022 & Best Reinsurer Emerging Markets 2022

Active Capital Reinsurance (Active Re) is celebrating 15 years of fruitful operations based on strong ethical principles, global partnerships and client allyship. The insurance and reinsurance company is headquartered in Barbados with business development offices in Miami, Panama City and Madrid. The company’s founder, Juan Antonio Niño Pulgar, leads with the belief that businesses thrive when they turn customers into allies and ensure benefits are shared by all. The company has developed a specialised portfolio of solutions covering affinity, property, engineering, energy, marine hull & cargo, credit & surety, liability and alternative risk transfer. Active Re deployes a skilled and strategically located workforce — encompassing more than 50 reps and nine languages — to serve insurance companies and reinsurance brokers in over 112 countries. The company is reaping the benefits of a diversification and globalisation campaign that began in 2015 and continued to unlock new markets and distribution lines over the next five years. It now offers services in Latin America, the Middle East, Eastern Europe, Asia Pacific and North Africa. Its underwriting capabilities and financial strength are underscored by the positive outlook affirmed by the international credit rating agency, AM BEST. Active Re first registered on the CFI.co radar in 2018, and the judging panel has consistently commented on its upward momentum since then. The CFI.co jury reaffirms Active Re’s champion status in 2022 for dual awards in the categories of Best Specialised Reinsurance Solutions (Global) and Best Reinsurer (Emerging Markets).

https://www.youtube.com/watch?v=pWYLG05oiAQ&amp;t=2s

Active Capital Reinsurance (Active Re) is celebrating 15 years of fruitful operations based on strong ethical principles, global partnerships and client allyship. The insurance and reinsurance company is headquartered in Barbados with business development offices in Miami, Panama City and Madrid. The company’s founder, Juan Antonio Niño Pulgar, leads with the belief that businesses thrive when they turn customers into allies and ensure benefits are shared by all. The company has developed a specialised portfolio of solutions covering affinity, property, engineering, energy, marine hull & cargo, credit & surety, liability and alternative risk transfer. Active Re deployes a skilled and strategically located workforce — encompassing more than 50 reps and nine languages — to serve insurance companies and reinsurance brokers in over 112 countries. The company is reaping the benefits of a diversification and globalisation campaign that began in 2015 and continued to unlock new markets and distribution lines over the next five years. It now offers services in Latin America, the Middle East, Eastern Europe, Asia Pacific and North Africa. Its underwriting capabilities and financial strength are underscored by the positive outlook affirmed by the international credit rating agency, AM BEST. Active Re first registered on the CFI.co radar in 2018, and the judging panel has consistently commented on its upward momentum since then. The CFI.co jury reaffirms Active Re’s champion status in 2022 for dual awards in the categories of Best Specialised Reinsurance Solutions (Global) and Best Reinsurer (Emerging Markets).

https://www.youtube.com/watch?v=pWYLG05oiAQ&t=2s


MTR Corporation: Best Public Service Financial Management Team Hong Kong 2022

MTR Corporation started out as the Mass Transit Railway provider for Hong Kong, but over the past 47 years, the company has expanded its operational scope and geographic footprint. MTR pursues a “rail-plus-property” business model that has enabled it to create synergies and diversify revenue streams. MTR Corporation leads and coordinates property development, negotiating with governments on greenfield land rights before opening tender packages to partners. MTR oversees the design and construction, while the development partners typically cover the land premium and development costs. The company now has a global footprint stretching from Hong Kong to the UK, Sweden, Australia and mainland China. MTR’s diversification has proven crucial as waves of Covid variants continue to threaten people’s health and companies’ solvency. The corporation has promised to “ride out the tough times together with the public”. It froze fares for the 2022/23 financial year — just as it has over the past two years. It introduced a fare reduction of 1.85 percent last year, and has also extended a special fare rebate of 3.8 percent till the first of January, 2023. It’s offering more than $600m worth of fare promotions this year, in addition to the usual $2.2bn in concessions the corporation bears on an annual basis. MTR keeps cities moving by investing in hi-tech innovations, like robot cleaners and smart sensors. The CFI.co judging panel presents repeat winner MTR Corporation with the 2022 award for Best Public Service Financial Management Team (Hong Kong).


MTR Corporation: Most Innovative Transport Solutions Global 2022

Since its launch in 1975, MTR Corporation has shown a penchant for strategic investments at the most opportune moment. From its base in Hong Kong, the multinational company aims to connect communities and foster growth through the provision of caring services and value creation for all stakeholders. MTR (Mass Transit Railway) Corporation invests in technology and infrastructure to support cities of the future. It continues to pursue digital transformation to bring customers smart mobility as well as smart operations and maintenance for better efficiency and environmental benefits, including carbon reductions. It combines these efforts to deliver smart city services to communities through ongoing property projects along railway lines. It partners with tech start-ups at home and abroad to create opportunities for young talent. These areas of key focus propel the company forward on its mission to keep cities moving. MTR Corporation and MTR Academy (a global training hub for railway management and operation) has announced a Memorandum of Understanding with The Hong Kong Polytechnic University to explore innovative solutions that advance the performance of railway assets, operations and maintenance using smart sensing technology. MTR Corporation collaborates with academia to amplify research impacts. The company has allocated over $38m for investment in start-ups over the next few years, with more funding reserved for similar projects in the future. The CFI.co judging panel has unanimously voted for MTR Corporation — a repeat programme winner — in the 2022 global award category for Most Innovative Transport Solutions.


Nazca: Best ESG Transformative Technology Investment Team Latin America 2022

Nazca was created for entrepreneurs by entrepreneurs. Since its launch in 2014, the VC firm was focused on providing Latin American founders with the funding, networking and knowledge sharing to propel their business forward. It targets bold leaders with tech-enabled business models in fintech, mobility, education, health, e-commerce, among others. Nazca walks hand-in-hand with start-ups as they seek to scale, providing early-stage capital, guidance and an environment conductive to growth. The fund manager aims to uplift entrepreneurs while laying the groundwork for tech-enabled ecosystem in Latin America. Nazca’s investments generate meaningful impact in most Latin American countries, such as Mexico, Peru, Chile, Colombia and Argentina. The IFC announced a $10m equity investment in Nazca’s second fund in July 2020 and a $15m investment in its third fund in June 2022. The Nazca III fund surpassed its target size of $150m. Nazca refers to IFC’s recurrent backing as a catalyst for the transformation of industries across Latin America. It has embraced ESG from the onset, and the companies in its portfolio share that same passion. One of its start-ups is tackling private- and public- sector problems using data science. Others are addressing last-mile logistics, circular economies, carbon credits, on-demand learning, smart mobility and financial inclusion. The CFI.co judging panel – inspired by the firm’s values system and success stories – announces Nazca as the 2022 award winner for the Best ESG Transformative Technology Investment Team (Latin America).


Architas: Best Multi-Manager Investment Solutions Europe 2022

Uncertainty is a constant challenge in today’s world, but diversified fund management can smooth investment performance when financial markets get volatile. Architas is a specialist multi-manager, offering investment funds which combine a broad range of asset classes, with a view to achieving this safety net of diversification. With a focus on long term investing, Architas aims to support clients in volatile markets. In addition, Architas is committed to ESG integration within their investment process and demonstrates an ongoing commitment to sustainable investing with the launch of sustainability focussed funds.

Architas is an independent fund manager, but also part of the AXA group, a multinational insurance and investment company with a presence in 50 countries and a long-held belief in sustainable investing. This allows them to take advantage of the size and scale of the AXA group, whilst still being agile to quickly take advantage of opportunities they see. Architas was established in 2008 and, with headquarters in London, now has operations across Europe and Asia. Architas oversees €28.6bn in AUM, helping individuals and institutions to achieve their financial goals through an investment process that’s geared to benefit clients and the wider community over the long term.

The CFI.co judging panel announces Architas as the 2022 award winner for Best Multi-Manager Investment Solutions (Europe).


ID Clear (KPEI): Best Exchange Transactions Clearing Services Southeast Asia 2022

ID Clear (KPEI) is designated by the Indonesian government to function as a self-regulatory clearing and guarantee institution in collaboration with the national bourse and securities depository. The non-profit is dedicated to the ongoing development of the Indonesian capital and financial markets to ensure safe, efficient, fair and transparent operations. All profits are redirected towards this development mandate. KPEI maintains close contact with regulatory bodies in order to bolster market faith, protect investor interests and guard against systemic risk. These efforts enable the organisation and its clearing members to make the maximum contribution to the Indonesian economy. KPEI’s principal services are centred around the clearing and settlement guarantee of securities — equity, fixed income and futures — exchange transactions. Over the past two decades, it has marked several milestones that have extended its partnerships and allowed the organisation to deliver other value-added services. It offers clearing services for alternative market trading, securities borrowing and lending, collateral management, as well as guarantee and risk management services. It aims to inspire trust in the Indonesian money market. It accomplishes this objective by always acting with integrity and remaining consistent in words as well as deeds. It promotes open dialogue with clients and addresses their needs with proactive responsiveness. KPEI adheres to prudent risk management principles and fosters a corporate culture of mutual respect and support. The CFI.co judging panel congratulates KPEI on claiming the 2022 award for Best Exchange Transactions Clearing Services (Southeast Asia).


Elaia Partners: Best Deep Tech Venture Partner Europe 2022

Over the past two decades, Elaia Partners has backed more than 100 tech and deep tech ventures. It has helped to take three companies from seed funding to unicorn status and completed over 50 successful investment exits. The VC partner works closely with universities to maintain a productive pipeline of science and technology innovators.  They look for disruptors in the fields of biotech, climate change, cloud infrastructure, cybersecurity, data digital acceleration, digital health, digital life sciences, digital transformation, fintech, insurtech and remote human organisation – amongst others. Elaia Partners benefits from a diverse and gender-balanced team of 40 scientists, entrepreneurs and business-savvy people working from offices in Paris, Toulouse, Barcelona and Tel Aviv. With €700m under management, they span geographies and tech sectors. Elaia Partners operates according to a financial-first, impact-driven philosophy, seeking to become an enabler of tomorrow's leaders and to create a multiplier effect in their industries. It goes beyond the role of shareholder and board member to serve as an advisor and sparring partner. Elaia Partners is a signatory of the Principles for Responsible Investments and integrates ESG considerations across the investment cycle. It targets entrepreneurs developing  technologies  that transform the future and engages with portfolio companies to accelerate change. The CFI.co judging panel congratulates Elaia Partners, the 2022 winner of the Best Deep Tech Venture Partner (Europe) award.


Hellenic Republic Asset Development Fund: Best Asset Development Strategy Europe 2022

Hellenic Republic Asset Development Fund (HRADF) has been entrusted by the Greek government as a strategic partner in the funding and development of critical infrastructure projects. The organisation strives to spur growth across the Greek economy and to bolster the country’s international credibility. From 2011 through 2020, HRADF helped facilitate 48 privatisations and contributed to the creation of 20,000 full-time jobs. These projects have generated over €9bn in proceeds and a spill-over effect of more than €20bn. That translates to upwards of €1bn in GDP per year. HRADF engages in dynamic asset development and remains involved to successfully conclude transactions and transition projects into the private sector. HRADF has been designated by the state as a Ports Planning Authority over the 10 regional marine ports in its portfolio. It assisted in the privatisation of 14 Greek airports by successfully concluding an international tender process that secured €463m in investments, created 11,600 jobs and contributed an annual impact of €630m in GDP. HRADF coordinates with investors and government agencies towards the creation of public-private partnerships. It prepares project finance and works with public budgets to expedite procurement processes. HRADF stipulates a commitment to ESG progress in its founding laws, with prioritisation given to achievement of the European Green Deal objectives and the UN’s SDGs. It promotes sustainable finance, circular economies, blue growth, green innovation and climate technologies. The CFI.co judging panel presents HRADF with the 2022 award for Best Asset Development Strategy (Europe).


Wesco International: Best Sustainable Supply Chain Strategy US 2022

Wesco International pulls from a 100-year legacy to build, connect, power and protect the world. The company was established as the distribution arm of the Westinghouse Electric and Manufacturing Corporation, bringing lighting and electrical products to municipal and business clients across the US. Consumer products were introduced in the 1940s while the following decades marked a period of institutional evolution. The separation of WESCO from Westinghouse in 1993 signalled a turning point in the development of the company. Between 1994 and 1999, Wesco completed several corporate acquisitions and in 1999 the company became publicly traded. In 2020, it acquired Anixter, an industry leader with complimentary capabilities in data communications, security, wire and cable. The Anixter acquisition was a transformational move that expanded Wesco’s global footprint and unlocked new possibilities along the value chain. Today, the new Wesco has emerged as number 200 on The Fortune 500™, with $20bn in annual revenue. Wesco now has more than 18,000 employees in 53 countries and nearly 1.5 million products in the line-up. It continues to fuel growth by focusing on sustainability and a customer-centric business model. As a responsible corporate citizen, Wesco aims to contribute to a more sustainable future through ESG-focused operations and initiatives. It engages with supplier partners to implement increasingly ambitious sustainability standards. In 2021, Wesco achieved a 23 percent reduction in the intensity of greenhouse gas emissions and a three percent improvement in fuel efficiency. It made Bloomberg’s Gender-Equality Index again and was recognised by Barron’s as one of The World’s Most Sustainable Companies. The CFI.co judging panel congratulates Wesco International, the 2022 award winner for Best Sustainable Supply Chain Strategy (US).


FWU Group: Best Long-Term Savings Solutions Europe 2022

[caption id="attachment_11012" align="aligncenter" width="900"] Alexander Dirrheimer[/caption]

The customer-centric focus of FWU Group is underscored in its name: Forward You. Since its launch in 1983, the life insurer has operated according to the values of a family-run company and fuelled development with progressive agility. It’s a tech-enabled company with people at its heart, from its dedicated staff to the million customers it serves worldwide. The Munich-based company has established a presence in Europe, the Middle East and Far East Asia. FWU approached the challenges of Covid as an opportunity for improved customer service. It implemented tech upgrades for better customer engagement and regulatory compliance. Rather than wait for new regulations to come out, FWU anticipates changes to consistently remain ahead of compliance headwinds. The group has retired all paper-based applications, and now 40 percent of insurance sales are conducted through digital channels. The enhanced customer experience has boosted sales results. FWU is never content to rest on its laurels and goes through extensive testing before introducing new products. The FWU team takes the time to understand customers’ wants and fears to match products to their needs. The product line is structured for transparency and long-term solutions. FWU adapts its data-driven “Quant” investment approach into suitable strategies for each client’s risk profile and preferences. The CFI.co judging panel presents repeat winner FWU Group with the 2022 award for Best Long-Term Savings Solutions (Europe).


MauBank: Best Digital Transformation in Banking Mauritius 2022

MauBank’s investment in the digital ecosystem has helped deepen its relationship with customers through improved products and services, cross-selling and faster integration, which has driven financial returns and supported innovation. The bank has reviewed its priorities following the pandemic and pursued its digital roadmap for greater operational efficiency, service quality and customer experience. Leveraging the introduction of the Instant Payments System by the Bank of Mauritius, MauBank’s mobile application WithMe now includes new functionalities that allow users to access accounts in other domestic banks from the application and make instant transactions 24/7. Today, WithMe has a remarkable array of features, including card activation and PIN management, that allow customers to serve themselves anywhere and the bank is continuously working on bringing the latest payment technologies to give convenience of choice. The online lending platform processing vehicle leasing applications end-to-end was further developed to accommodate credit card applications. Unique in Mauritius, it delivers instant in principle approval to the applicant. The digital platform allows applicants to upload documents, checks their credit information with the Central Bank (Mauritius Credit Information Bureau) through an API, and can reject or give approval instantly for a credit card application in four phases and inform the end user within minutes. The bank has also revamped the management of cybersecurity risk to tackle the new factors that accompany such changes in service delivery. MauBank is confirmed as recipient of the 2022 award: Best Digital Transformation in Banking Mauritius.

[caption id="attachment_11096" align="aligncenter" width="600"] CEO Premchand Mungar[/caption]


Central Bank of Bosnia and Herzegovina: Best Central Bank Governance CEE 2022 & Outstanding Contribution to Economic Development Bosnia & Herzegovina 2022

Central Bank of Bosnia and Herzegovina (CBBH) has been serving the interests of the country and its citizens over the past 25 years contributing to macroeconomic, monetary and financial stability, providing stability of the domestic currency. More recently, with the commitment of the entire staff led by Governor Senad Softić, Ph.D., it has overcome the pandemic and geopolitical challenges to ensure the stability and convertibility of the domestic currency, keep cash circulating throughout the country and increase foreign exchange reserves. It ended 2021 with the highest foreign exchange reserves ever recorded. New treasury machines aid in checking the authenticity, accuracy and reliability of banknotes.

Transparent communication increases awareness and inspires public trust. During the first year of the pandemic, the CBBH had around 6,000 media releases. It also hosts informal sessions with media professionals and regularly organises financial education and inclusion initiatives. It outlines the benefits of official remittance channels for the BH diaspora, half of which were relying on unofficial channels that were blocked during the pandemic. The CBBH led the reform of the country's payment transactions system. According to Transparency International's (CPI), for the year 2022, BH took a low rank in Europe. In such an environment, the CBBH has strengthened and improved the compliance function, established independent channels for anonymous reports of non-conformities and corruption, supporting its integrity. Rating agencies refer to the CBBH as an important economic anchor in the country, with activities and policies that align with global best practices.

The CFl.co judging panel announces CBBH as the award winner in two categories: Best Central Bank Governance (CEE 2022) and Outstanding Contribution to Economic Development (Bosnia & Herzegovina 2022).


Argumento: Best Multimarket Fund Investment Strategy Brazil 2022

Since its launch in 1999, Argumento has followed a mandate of helping clients make better use of their resources. What started as a small family office has evolved in investment scope and team capacity. The Brazilian firm launched its first fund for public distribution in 2014 — ARG I — which is still delivering respectable returns today. Argumento’s second multimarket fund, ARG HIKE, was presented two years ago. Both funds follow a bottom-up approach regarding positions with a simultaneously top-down perspective over multiple asset classes, including currencies and commodities as well as domestic and foreign interest rates and equities. Argumento credits its aptitude for agricultural commodities — particularly those harvested domestically — to the founding family’s history in the agroindustry. Argumento stakes positions in accordance with thoroughly researched macro views, resulting in small correlation to the Brazilian hedge fund industry. The firm’s disciplined investment process has proven robust throughout economic cycles and geopolitical challenges. It maintains a steady investment pace and focuses on a book of 15 to 20 positions. Hedging mechanisms, arbitrage operations and active derivatives strategies help the firm achieve its objective of absolute long-term gains and profitability above the Interbank Deposit Certificate benchmark. Shareholders appreciate the simplicity and transparency of Argumento’s portfolio management. Over the past five years, the firm has recruited to improve strategist and sales capacity and will continue expanding the team as needed. The CFI.co jury presents Argumento with the 2022 award for Best Multimarket Fund Investment Strategy (Brazil).


NextEnergy Capital: Best Clean Energy Transformation Leader UK 2022

Over the past 15 years, NextEnergy Capital, a global specialist solar investment manager, has invested in 350 solar plants in seven countries. NextEnergy Capital is an active developer across the solar energy value chain and manages $3.3bn AUM across both listed funds and private vehicles in the sector, most recently NextPower UK ESG. NextEnergy Capital is part of the NextEnergy  Group, which was set up in 2007, and the group has four corporate offices in Europe and active operations across the UK, Italy, Spain — and most recently — Portugal, Chile, India and the US.

The group also covers the management of solar plants through its subsidiary Wise Energy. The group’s broad range of international investment and operational experience allows it to see the bigger picture, extracting insights that have helped to avoid pitfalls and maximise outcomes. NextEnergy credits its people as the key differentiator in its success.

The Group has united over 250 solar-focused professionals to drive alpha, risk mitigation and portfolio diversification for investors. It takes the time to ensure new recruits fit the team culture and skill sets to deliver results. They understand the market and work together to advance the clean energy transformation. NextEnergy Group is a mission-led organisation dedicated to creating a more sustainable future. It holds suppliers to strict ESG standards and conducts due diligence on individual manufacturers. NextEnergy has created a group of companies that can survive the founders, with succession plans in place and the talent to carry the torch forward. The CFI.co judging panel presents NextEnergy Capital with the 2022 award for Best Clean Energy Transformation Leader (UK).


Ventures Middle East: Best Strategic Business Advisory Services MENA 2022

Over the past two decades, Ventures Middle East has successfully completed more than 1,000 projects and achieved a client retention rate of 92 percent. The consultancy was founded by a three-person team; now it has over 200 employees with experience and expertise covering more than 20 industries. Ventures Middle East is a client-centric company with a can-do attitude. No project is too big or too small to benefit from its research and consultancy capabilities. It has established a strong presence across the Middle East and North Africa (MENA), bringing international know-how to local markets. Ventures Middle East has attracted a multicultural workforce, representing 50 nationalities and eight languages, all united behind the company’s core values of objectivity, integrity, excellence, collaboration, innovation and resilience. Ventures Middle East helps clients achieve a competitive edge with customised analysis and strategic insights across industries and sectors. Advisory services cover the gamut of industry analysis, market reports, competitor assessments and market sizing. It provides assistance with investment management, helping clients to identify opportunities and mitigate risks. It can give businesses an overview of customers’ experience, including engagement and satisfaction levels across service suites and marketing campaigns. It can guide clients through digital transformation, set up internal business units for shared services and implement strategies for optimised operational performance and more efficient supply chains. It’s also an expert head-hunter. The CFI.co judging panel announces Ventures Middle East as the 2022 award winner for Best Strategic Business Advisory Services (MENA).


Goren Capital Group: Best Investment Bank Israel 2022

Over the past 25 years, Goren Capital Group (GCG) has evolved into a specialist of corporate and project finance. The independent investment banking firm is located in Israel and has established a strong network of connections throughout national and international capital markets. GCG provides financial advisory services to top-tier companies and board directors, among others, on financial policy, capital structure, financing alternatives and credit rating.

The firm has played a leading role in some of the most high-profile deals in the Israeli market, acting as an exclusive M&A and financial advisor, for large-scale transactions. Over the past twelve months, it has served as the financial advisor on a number of mergers and acquisitions, including the sell-side mandate of one of the largest electricity power stations of Israel, the spin-off of the oil refinery division of one of Israel’s largest oil and energy groups, and a buy-side mandate relating to the acquisition of Israel’s largest cellular operator.

It advised on a $600m local bond offering as well as a $500m global bond issuance, both of which ended up being more than twofold oversubscribed. GCG expects to finalise a debt financing package worth about $1bn in December 2022, advising one of Israel’s largest oil and energy groups. The debt financing will meet the on-going working capital requirements for the spin-off of an oil refinery division. The deal is one of the most extensive financing packages arranged in Israel in recent years, and GCG has played a pivotal role in analysing optimal debt structures and negotiating with the consortium of banks that will provide the funding. The CFI.co judging panel presents Goren Capital Group — a repeat programme winner — with the 2022 award for Best Investment Bank (Israel).


Pollen Street Capital: Best Responsible Alternative Investment Team UK 2023

Founded in 2013, Pollen Street Capital is a progressive entrepreneurial partner leading a transformation in financial and business services. Pollen Street is a purpose-led alternative asset manager that has embedded ESG data as a strategic source for impact propositions. The firm is a pioneer of diversity, equality and inclusion (DE&I). Lindsey McMurray, the firm’s managing partner, was recognised as a diversity champion of 2021, and Pollen Street has received high commendation for championing women’s equality. Over a quarter of the executive committee for the private equity portfolio are women. Pollen Street’s second internal DE&I survey shows that 64 percent of the firm’s employees are state-educated, and 17 percent come from ethnic minorities. Active management and engagement have spurred the average portfolio gender pay gap to decrease by 6 percent. Over the past 12 months, Pollen Street Capital has expanded ESG data collection and developed a proprietary scoring mechanism to ensure it’s better equipped to track and build on positive impacts. The ESG data model allows the Pollen Street team to rank and score investments using 50 data points from each portfolio company. The scoring system helps the team set targets, measure progress and design improvement plans. All of its portfolio is addressing ESG concerns at the board level and 40 percent have formulated net-zero or carbon-neutral commitments. The CFI.co judging panel presents Pollen Street Capital — a repeat programme winner — with the 2023 award for Best Responsible Alternative Investment Team (UK).