UBS: Best Bank Sustainability Leadership Global 2019

[caption id="attachment_6592" align="aligncenter" width="872"] Christian Leitz, Head of Corporate Responsibility at UBS
Angela Wiebeck, Head of UBS in Society Program Office
Hubertus Kuelps, Head of Communications and Branding and Head of UBS in Society
Yann Kermode, Deputy Head Environmental and Social Risk at UBS[/caption]

The Sustainable Development Goals (SDG) developed by the United Nations provide a roadmap of the action that must be undertaken – now – to avert environmental catastrophe, and to protect the planet for generations to come. As one of the largest and most influential financial institutions in the world, Swiss bank UBS has put its shoulder to the wheel, and its capital heft behind the drive for a sustainable future. UBS prefers to lead by example, and the efforts it has made towards SDG research enables clients, collaborators, policymakers and peers to make informed decisions on the path towards the SDG goals. UBS offers its private, corporate, and institutional clients a range of opportunities for impact investing, enabling them to make a difference – while still getting the returns they expect. The bank focuses its sustainability efforts on finance, philanthropy, and community engagement, as well as establishing a business model for sustainable growth, responsible stewardship of resources, and expansive social contribution. It underpins its long-term success with educational and entrepreneurial support for the communities in which it operates. UBS initiatives include, as the tip of this iceberg, a social enterprise that allows cocoa farmers to stake their claim in the industry, an academy to prepare underprivileged students for university, and a non-profit programme that trains, equips, and pays locals to administer basic health care. UBS takes seriously its role as an architect of a sustainable future, and the CFI.co judging panel applauds its efforts. Congratulations to UBS, the 2019 winner of the award for Best Bank Sustainability Leadership (Global).


Iberdrola: Best Green Energy Impact Bond – Europe 2019

Spanish electric utility giant Iberdrola, the country´s largest energy group by market capitalisation and the global leader in wind energy, closed its third issue of green hybrid bonds in February. The issue was six times oversubscribed and raised €800m – €100m more than Iberdrola raised last year. The group was the largest corporate issuer of green bonds in the world in 2016 and 2017 and was the first Spanish company to launch the ecological product in 2014. In total, Iberdrola has issued 13 green bonds: 2 of them private and 11 public, including one through Avangrid, an American subsidiary of which the company owns an 81.5% stake; 3 of them have been hybrids. In total, nearly €9bn.

It also offers green bank loans and sustainable credit lines. Iberdrola committed to the hybrid green bond strategy in its most recent Strategic Plan, and funds will be used to finance offshore wind farms. As well as taking its corporate social and environmental responsibility seriously, Iberdrola delivers an increasing, inclusive, and sustainable social dividend. It has been developing sustainable solutions to generation problems by increasing clean energy products, storage capacity, digitalisation, and by using of smarter grids. The company´s generation capacity is over two thirds emissions-free, and it aims to be carbon-neutral by 2050. For each Green Financing instrument, Iberdrola reports annually on total funds allocation and sets out the achieved benefits in sustainability. The environmental rating agency Vigeo Eiris has given Iberdrola its highest level of assurance and recognises its advanced ESG performance. This commitment to high standards in the governance of the bond and the transparency of its reporting process impressed the CFI.co judges´ panel, which has announced Iberdrola as winner of the 2019 award for Best Green Energy Impact Bond (Europe).


DLM Advisory Partners: Best Structured Finance and Securitisation Team West Africa 2019

The Chairman/CEO of DLM Advisory Partners (DLMAP), Sonnie Ayere believes that prime investment opportunities abound in the West African markets – particularly in the non-bank Financial Intermediary sector. Identifying, and capitalising on, such opportunities requires local expertise and market finesse — both qualities DLMAP possesses in abundance.

DLMAP is the advisory and capital-raising arm of Dunn Loren Merrifield Group (DLM). Founded in 2009, DLM is a full-service financial investment house that delivers bespoke and innovative solutions to sovereign/sub-sovereign entities and private & non-private corporations. DLMAP provides best-in-class deal structuring and execution of advisory and capital-raising services. Principal services provided by the DLMAP team include financial advisory and restructuring, debt capital raising – in particular, structured finance & securitisation, equity capital raising, underwriting, mergers & acquisitions and company set-up advisory.

Structured finance and securitisation deals are DLMAP’s specialties – it is worthy of note that the firm has acted as sole arranger to more than 80% of the structured finance transactions. DLMAP also boasts of executing all the securitisation transactions in Nigeria’s capital markets till date. The firm boasts strong leadership that pushes the market to accept new structures – for the benefit of its stakeholders – and executes complex transactions with simplicity and grace. DLMAP’s pioneering achievements include issuing the first floating-rate corporate bond, the first future flows securitisation transaction, structuring the first “AAA”-rated corporate bond, and realising the longest corporate bond maturity in Nigerian capital markets. Through strategic partnerships with government agencies, DLMAP offered the first Residential Mortgage-Backed Securities on behalf of the Federal Mortgage Bank of Nigeria. The CFI.co judging panel gave the company an award win in 2015 and is delighted to confirm DLM Advisory Partners as the 2019 winner of the award for Best Structured Finance and Securitisation Team (West Africa).


Good Monday: Best Digital Office Management Solutions Denmark 2019

Easy like Monday morning — that’s the promise founders Mik Strøyberg and Morten Meisner-Jensen extend to the corporate clients of the Danish start-up Good Monday. The company aims to increase office efficiency through its digital management platform, connecting businesses with a network of partners and service-providers that streamline office operations and pamper employees. Good Monday offers companies scalable packages, with one centralized payment system for various weekly/monthly products and services. The packages range from weekly cleaning services and snack deliveries for small offices to yoga classes and breakfast buffets for larger enterprises. There’s a plan to suit any budget, and Good Monday welcomes the opportunity to tailor solutions to a client’s needs. After accepting the agreement, clients deal directly with Good Monday, while it leverages its extensive network to source anything from office supplies and party favours to team-building activities and employee recognition awards. Good Monday presents clients with a comprehensive overview of office expenditures and service agreements, and assigns a personal concierge to assist with seamless, trouble-free operation. The corporate culture at Good Monday, from founders to service providers, is grounded in respect for the client and pride in the work. The CFI.co judging panel endorses the belief that healthy work environments foster engaged and productive employees. The judges also acknowledge that Good Monday has proven itself a capable and creative partner, facilitating smoothly functioning offices and allowing clients to focus on managing their businesses. Good Monday is the winner of the 2019 award for Best Digital Office Management Solutions (Denmark).


Faraday Venture Partners: Best Start-Up Investment Partner Spain 2018

Unlike traditional Venture Capitalist firms, the Spanish firm Faraday Venture Partners operates as a private investment club offering investors, without access to deal flow, the opportunity to diversify their investment by investing in the best start-ups in Spain and wider Europe.

Its Partners range from individual investors to small funds and family offices, each of which pays an annual membership fee to receive an equivalent of 10 Investment Opportunity Reports annually. In return Faraday accompanies and advises its Partners throughout the entire investment cycle, from the initial search and project analysis to the final exit strategy and liquidation of stakes. As one of Spain’s most active private investors’ clubs, Faraday embraces portfolio diversification for its investors with ticket minimums of € 2,000 and a carefully curated selection of innovative start-ups from all sectors that it regularly offers for investment to its Partners. The firm leverages its extensive national and pan-European networks to identify start-up projects with the potential for swift scalability and the promise of above-average returns on investments within a 3 to 5-year period. Faraday currently serves 170 active Partners with assets under management of over € 10 million and investment stakes in 24 start-ups. Since its launch in 2011, Faraday has been able to offer its Partners a total of 23 divestment opportunities in 9 different companies, with multiples on money invested ranging between 1.1X and 10.7X and having paid out capital gains of over € 1 million.

Aside from expert advisory services and sound investment management, Faraday offers its Partners quarterly networking events bringing together its Partner-base, primarily composed of entrepreneurs and financial and investment service professionals and the CEOs of its investee companies to foment cross-industry relationships. It also runs bi-annual Investment Workshops and provides investee companies with hands-on operational advice, and a Collective Advantages Program.

The CFI.co judging panel applauds the firm’s business proposition that offers private and first-time investors the opportunity to invest in the Venture Capital asset class for a minimum ticket of € 2,000, allowing investors to adequately diversify their investment portfolio and enjoy increased returns typical for the asset class. The judges congratulate Faraday Venture Partners on its 2018 award win for Best Start-Up Investment Partner (Spain).


Produbanco (Banco de la Produccion SA): Best Bank Governance Ecuador 2019

Produbanco has been fostering economic development in Ecuador since its inception in 1978. With good corporate governance at the heart of its operations from day one, Produbanco has earned a reputation for principled business conduct and forward-looking compliance strategies. The bank carefully oversees the resources under its management, always ensuring that its governance is irreproachable, and that its risk-management practices identify, measure and analyse potential negative impacts. Produbanco limits board membership terms to two years, ensuring a regular influx of fresh thinking and fresh talent, all the while maintaining a laser-sharp focus. The bank’s enviable track record resulted in external financing from European multilaterals in 2018, further boosting its capacity to foster economic development. Produbanco offers products and services for the complete financial lifecycle of its customers, from saving accounts for individuals to credit lines and payroll services for corporate clients. Its organisational structure enables it to identify and adopt international best-practice, supporting customer segments and contributing to economic, social, and environmental sustainability. Produbanco is a member of the Promerica Group, one of Latin America’s leading financial service providers. Bank practices, products, and processes are standardised across the network for maximum impact across the region. Produbanco has a market presence in nine countries – Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, Ecuador, the Grand Cayman and the Dominican Republic. The CFI.co judging panel cites the bank’s excellent solvency and profit margins as the final points to seal the deal: Produbanco takes the 2019 award for Best Bank Governance (Ecuador).


Mouwasat Medical Services: Best Specialised Healthcare Leadership GCC 2019

Healthcare is an industry that has seen remarkable growth and improvement in the Middle East over the past few decades – and the title of Mouwasat Medical Services stands out in the sector. Since its foundation in 1975 by Mohammed Sultan Al-Subaie, Mouwasat has remained true to its mission of always putting the needs of patients first, so those in need of medical treatment know they are in the best hands. Mouwasat is committed to the continuous improvement of its services. It employs only the best medical practitioners from around the globe, and prides itself on being at the vanguard of technology, and in research. The company has been accredited by the US Radiology Authority and the American College of Pathology, and is recognised for its advanced IT systems. Mouwasat has been rewarded with growth throughout its existence, and has recently announced a 100% increase in its capital through a share issue to finance its strategic growth plan, and to expand its medical network. Sound financial management and strong corporate leadership are largely responsible for the company´s long-term ability to adapt to areas of specialised medicine, and to develop centres providing pioneering treatment in fields as diverse as endoscopic surgery and obesity, dermatology, cosmetic surgery, and fertility. Mouwasat has been at the forefront of education, and regularly organises medical symposia. The CFI.co judging panel has been impressed by the company´s ability to manage, operate and maintain hospitals, health centres and pharmacies to such a consistently high level – while increasing capacity in a sustained way. The judging panel feels that Mouwasat deserves recognition for its managerial performance, and unanimously grants it the 2019 award for Best Specialised Healthcare Leadership (GCC).


First Forte Consultancy: Best Regional Business Development Services UAE 2019

[caption id="attachment_6616" align="aligncenter" width="1000"] Mohamed Mughal[/caption]

First Forte is a multi-disciplinary company offering professional services, consultancy advice and business solutions to clients in the Gulf Co-operation Council (GCC) region. Its clients include institutional asset managers, family offices, and ultra-high-net-worth individuals – and many of the relationships it has forged have lasted for decades. Trustworthiness and good corporate governance are paramount for the First Forte team, which focuses on introducing investment opportunities to GCC clients. First Forte has been successful in sourcing an independent deal-flow and in placing junior resource and medium-sized transactions in sectors including financial services, technology and real estate. First Forte’s principal, Mohamed Mughal, is a consummate professional with a prior career at JPMorgan. For the regional sovereigns, he remains the “go-to” business expert. With an international network of “extended family” across the globe, First Forte is in a prime position to introduce innovative investment opportunities to customers in the Kingdom of Saudi Arabia, Kuwait, Oman, Bahrain, and, of course, in the “home turf” of Dubai and Abu Dhabi – as well as the rest of the UAE. The firm has a strong track record, and the CFI.co judges recognise that during its long tenure, it has earned a reputation for having the clients’ interest at heart – as well as for creating value in an honest and transparent way. The judges had no hesitation in presenting First Forte with the 2019 award for Best Regional Business Development Services (UAE).


eDreams ODIGEO: Best Online Travel Partner Global 2019

Headquartered in balmy Barcelona, eDreams ODIGEO knows a thing or two about iconic travel destinations. The eDreams ODIGEO group is the World’s fifth-largest online travel company, encompassing five brands — Opodo, eDreams, Go Voyages, Travellink, and Liligo. The company was founded in 2000 with support from US and European venture capitalists, and has a global reach, with a market presence in 43 countries on five continents. eDreams ODIGEO served more than 18 million customers in 2018, pairing its passion for travel with the latest tech advances – including machine-based learning (MBL) – to deliver lightning-fast, personalised deals for travellers, and a booming eCommerce platform for its affiliates. The customer-centric company ensures that the more it grows, the better positioned it is to meet the needs of its expanding client base and affiliate network. The launch of new products, including a “Cancel for any Reason” option, underscores the company’s commitment to customer satisfaction. eDreams ODIGEO’s consistent growth dovetails with its continuous investments in technology — from the company’s tech team and infrastructure to its tech research and outreach programmes. The company sponsored a 24-hour “hackathon” last year, a competition where 100 IT developers in 15 collaborative environments hunkered down to brainstorm ideas, develop code, and beta-test solutions for tangible industry improvements. The CFI.co judging panel has followed eDreams ODIGEO’s trajectory for several years, and remains impressed with the company’s bold use of technology to deliver bespoke travel solutions and satisfy wanderlust. The judges are pleased to present eDreams ODIGEO with the 2019 award for Best Online Travel Partner – its fourth CFI.co win.


Applied Science University: Most Innovative Community Impact Research University Middle East 2019

[caption id="attachment_6624" align="aligncenter" width="1200"] Professor: Mahfuz Judeh at the Annual Investment Meeting 2019 in Dubai, World Trade Centre[/caption]

Through open collaboration and dedicated research, all are enriched and strengthened” – that’s something of a mantra for Applied Science University (ASU), a leading education institution in Jordan. ASU has forged strategic partnerships with universities in Australia, Italy, the UK, and around the Arab world to exchange scientific knowledge and spur innovative research. Over the past two decades, ASU has received top ratings from national and global accreditation associations — one of the few private institutions in Jordan to achieve such distinction. That vote of confidence has helped to boost the university’s international enrolment, with 53 nationalities represented on campus. The university offers 26 undergraduate and six graduate degree programmes through eight faculties — including Engineering, Pharmacy, Business, Information Technology, and Nursing. ASU aims to set new standards for excellence in scientific research and community service. Through partnership with one of the biggest hospitals in Jordan, it provides crucial training opportunities for medical students as well as vital services for the local community. The campus features state-of-the-art laboratories — including one of the largest anatomy labs in the region — where students enjoy hands-on learning and gain practical real-world experience. Engineering students are encouraged to develop and test energy solution ideas at the university’s Renewable Energy Centre. Lecture halls are equipped with audio-visual and telemedicine capabilities, enabling interactive collaboration with other research centres worldwide. ASU students show strong civic commitment and log many hours of community service along with their studies, further polishing the university’s golden standard of success through service. The CFI.co judging panel congratulates Applied Science University, the 2019 winner of the Most Innovative Community Impact Research University (Middle East) award.

https://www.youtube.com/watch?v=ZbyYF3VwnfM


Supernovae Labs: Best FinTech Accelerator Italy 2018

Supernovae Labs, Italy’s leading accelerator for fintech startups dedicated to financial institutions is pioneering new collaborations between finance and FinTech. In 2016, Carlo Giugovaz founded Supernovae Labs after gaining over 35 years of experience in the financial sector with the ambition to facilitate relevant and impactful business changes, by creating a rich ecosystem and recognizing the innovative potential of the market. With a new Open Innovation approach, Supernovae Labs offers an integrated range of banking services and operates as a bridge between emergent startups and established financial systems, where collaboration is key to creating benefits for all the partners involved.

Supernovae Labs supports and accelerates the best startups on the market, accompanying their business journey by creating bespoke value-added solutions based on the specific needs of each partnership. The company is well versed in fintech trends, offering business solutions including regtech (regulatory technology), AI-powered chatbots as well as roboadvisory. Supernovae Labs collaborations enable financial institutions to invest in innovation at marginal costs while providing startups and digital entrepreneurs with access points to banking and insurance markets. Supernovae Labs’ operating offices are in Milan, and it benefits from a European network presence.

The CFI.co judging panel believes that Supernovae Labs has proven itself a capable player in the digital innovation ecosystem – and that warrants a win! Congratulations to Supernovae Labs, winner of the 2018 Best FinTech Accelerator (Italy) award.


Poste Vita: Best Pension Fund Governance Italy 2019

Poste Vita was founded in Rome in 1999, and has become the country’s first premium-income life insurance provider. Over the decades, Poste Vita has fostered a sense of trust amongst its clients for the simplicity of its services, its transparent operations and its accessibility. The company manages individual pension funds and offers investment, savings, and insurance products as well as asset management services — in short, all the services clients need to plan for a secure and stable future. Poste Vita has developed a comprehensive code of ethics that has steered it to the highest standards of corporate conduct. It safeguards its assets and interests — and those of its clients — with measures to protect against corruption, money laundering and terrorism. The wellbeing of its clients and stakeholders serves as a compass for the company’s strategic vision, and is the key influence for its environmental, social, and governance (ESG) policies. In accordance with UN-backed Principles for Responsible Investment (PRI), Poste Vita assesses potential ESG impacts in every aspect of its investment activity to shield the company from risk, and to contribute to the economic growth and sustainable development of the country. Adherence to international best practice for responsible investing enables Poste Vita to positively influence the market, promoting innovative solutions that address ESG concerns while still satisfying investor expectations. With over €123bn in assets under management and more than four million customers — nearly a quarter of whom are pension funders — the CFI.co judging panel believes the company’s good governance policies have paid-off. In recognition of this success, the judges offer Poste Vita the 2019 award for Best Pension Fund Governance (Italy).


Air Senegal SA: Most Promising Regional Airline West Africa 2018

[caption id="attachment_6639" align="aligncenter" width="1500"] Jerôme Maillet, Chief Strategy & Investment Officer and Philippe Bohn, CEO[/caption]

The Senegalese government has high hopes that its national airline, Air Senegal SA, will lift the country and its economy to new heights. Under the country’s Plan Emergent Senegal (PSE), the national airline was reinstated with a new focus and strategy: ownership, autonomy, and expansion. Air Senegal SA transformed the problems of its predecessors into a solid foundation for success by investing in asset acquisitions to ensure its own autonomy. Founded in late 2016 and led by former Airbus Senior Vice President Philippe Bohn, Air Senegal SA purchased two brand new ATR turboprops to serve its domestic and regional network. In a short time, the airline has expanded its regional services to include international destinations and added two Airbus 319s to its fleet. In February 2019, Air Senegal SA opens a daily route between Dakar and Paris and welcomes the first of its newest fleet additions – two Airbus A330-900 Neos, the latest of the line, with optimised fuel efficiency and passenger capacity. The airline feels confident in its goal to establish Dakar’s Blaise Diagne International Airport as the regional air hub for West Africa – and itself as the region’s air transport leader. The Air Senegal SA team is composed of motivated and talented employees who prioritise customer safety and satisfaction and adhere to European standards with diligence and transparency. The CFI.co judging panel has no reservations in offering Air Senegal SA the 2018 Most Promising Regional Airline (West Africa) award.


UAE is Recognised by CFI.co as Best FDI Destination in the Middle East

Following presentation of the Annual Investment Meeting  (AIM) Awards for FDI-agencies at a Gala Dinner at the Armani Hotel in Dubai on Monday 30th March, CFI.co was pleased to provide a special prize in further recognition of the outstanding investment environment efforts of the host country.

The UAE Minister of Economy, Sultan Saeed Al Mansouri received the award on behalf of the government and state in recognition of his country’s achievement in becoming the prime destination for FDI in the Middle East. The UAE has created an impressive global business hub from scratch during a very brief moment in history. The CFI.co prize also reflects the UAE’s success in creating a business environment conducive to solid FDI: one with world-class supporting infrastructure, superb living conditions for families, an attractive tax regime, a knowledge-based society, plus a dynamic, outward-looking and “go-to” business culture.

AIM, which was held at the Dubai international Convention and Exhibition Center, focused on ‘Sustainable Development through FDI Induced Innovation and Technology Transfer’. This was an important gathering of some of  the world’s leading FDI academics, experts and practitioners – including Knowledge Partner CFI.co – under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai.


Central Bank of the Dominican Republic: Best Central Bank Governance Central America and the Caribbean

For a central bank to function at peak performance, autonomy is crucial. The Central Bank of the Dominican Republic (BCRD) was founded as a decentralised and independent organisation in 1947 according to Dominican monetary and financial law, to be responsible for the establishment of the regulatory regime of the country’s monetary and financial system. BCRD has the legal and institutional strength to enable the independent execution of its policies and ensure the stability of the national currency and economy. BCRD acts as issuer and executor of the exchange and monetary systems, and the implementation of its monetary policies have contributed to the Dominican Republic's economic growth — and to a significant reduction of national poverty. Since 2012, BCRD has operated under an Inflation Targeting Scheme, which has reduced the level and volatility of inflation in the Dominican Republic, helping to anchor expectations of economic agents around BCRD inflation targets and to increase the credibility of its monetary policy. Human capital is recognised as the bank's greatest asset, and personnel training is supported through education: the bank provides training programmes, as well as assistance for postgraduate degrees for its staff. The BCRD team is educated, as well as specialised, with some 450 workers holding postgraduate, master, or doctorate degrees. The responsible fiduciary models employed by BCRD have delivered stable economic growth to the Dominican Republic, averaging around six percent over the past four years. BCRD is rated as "stable" by the Fitch rating agency, and achieved a BB rating in long-term, foreign currency Issuer Default Ratings in 2018. The CFI.co judging panel believes the organisational framework of efficiency, ethics, and transparency has contributed to BCRD's trajectory of success. The Central Bank of the Dominican Republic wins the 2018 Best Central Bank Governance (Central America and the Caribbean) award.

Watch the video here:

https://youtu.be/16f4sc-CavY


The Access Bank UK Ltd: Best Africa Trade Finance Bank 2019

[caption id="attachment_6650" align="aligncenter" width="1000"] Rola Seifeddine, Senior Executive Officer/Head of DIFC Branch (left) and Jamie Simmonds, Chief Executive Officer (right) receiving an award from CFI.co[/caption]

With a presence in the financial hubs of London, Dubai and Lagos, The Access Bank UK is strategically positioned to unlock promising investment opportunities in emerging markets. The Access Bank UK is a subsidiary of the parent company Access Bank Plc, whose expansive branch network covers eight countries in West and Sub-Saharan Africa. The Access Bank UK’s exemplary corporate conduct has contributed to its continuous growth and consistently reliable returns. Despite growing in size and scope, The Access Bank UK has maintained its moderate risk appetite and its focus on building close relationships with its customers this has enabled it to create bespoke financial solutions to meet the needs of individual clients and markets — most recently with a suite of new products to assist with cash-flow issues of customers in Nigeria. The bank first attracted the attention of the CFI.co judging panel for its expert knowledge of the market in Sub-Saharan Africa and its seamless facilitation of international trade. Since its first CFI.co award win in 2016, The Access Bank UK has experienced strong and sustainable growth across-the-board: pre-tax profits for 2018 are up 62%, returns on investments are paying out ahead of schedule, and there is access to a broader range of countries and markets including Ghana, Rwanda, Kenya, and Tanzania. The bank has accomplished this by following a model of clear and prompt communication between staff and customers. For the fourth consecutive year, the CFI.co judges are pleased to present The Access Bank UK with the 2019 award for Best Africa Trade Finance Bank.


Electric Networks of Armenia: Best ESG Energy Provider Caucasus 2019

[caption id="attachment_6654" align="aligncenter" width="1000"] Karen Darbinyan, Chairman (left) and Karen Harutunyan, General Director (right) receiving an award from CFI.co[/caption]

Electric Networks of Armenia was created in 2002 from the merger of four regional state companies to unite distribution and sales in the sector. The company provides electricity to more than a million customers, and its grid covers 36,000 kilometers. In 2016, ENA began a $726m reconstruction and modernization program, on target for completion in 2027. The investment is to update and improve existing substations and powerlines, replace outdated equipment, and expand the automated reading system. It also includes the connection of new customers. There is full compliance with the European Bank for Reconstruction and Development’s (EBRD) standards, and is meticulous in its maintenance of oil storage to prevent pollution. It strictly enforces biodiversity conversation, and embraces sustainable management: development and environmental issues must be addresses without compromising future generations. Corporate Social Responsibility is taken seriously, and ENA designs and implements targeted social programs with local communities and NGOs. From funding a medical diagnostics lab and helping orphanages to supporting local cultural events, the company plays an active role in the community. ENA offers its staff a comprehensive social package, including professional development and training. The judges took these factors into account before awarding Electric Networks of Armenia the 2019 award for Best ESG Energy Provider (Caucasus).


Dubai Multi Commodities Centre (DMCC): Best Commodities Trading Free Zone Global 2019

[caption id="attachment_6667" align="aligncenter" width="1500"] Gautam Sashittal, CEO and Feryal Ahmadi, COO[/caption]

The United Arab Emirates is crisscrossed by ancient trade routes, bolstered by futuristic infrastructure, and backed by a business-friendly government. The UAE entices emerging entrepreneurs and major multinationals to establish operations in Free Zone communities, where they enjoy fiscal conditions that afford them a competitive edge. The Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone, was made for trade. It’s one of the fastest growing and most interconnected Free Zones in the world, with about 15,000 companies and 60,000 employees representing 170 countries worldwide. The DMCC — home to brokers, banks, and bourses — serves as a gateway to global trading and connects investment opportunities across emerging and established markets. As a leading global commodities hub, the DMCC handles heavy trade-flow, moving everything from gold, diamonds and base metals to coffee, tea, and spices. Innovation drives progress in the DMCC, and the investments made over the past two decades have helped solidify the DMCC’s status as a powerful hub of finance and trade. According to DMCC research, the future of trade will be shaped by tech advances — blockchain, fintech, robotics, and the Internet of Things — that will streamline business operations and increase efficiency. The report claims that the global cost of trade totals $1.8tn, 20% of which is related to paperwork, and heralds blockchain as a powerful gamechanger for the industry. The tech initiatives already implemented throughout the UAE’s Free Zones have convinced the CFI.co judging panel of the DMCC’s capacity to leverage technology to fuel world trade. The judges name the Dubai Multi Commodities Centre (DMCC) as the 2019 winner of the Best Commodities Trading Free Zone (Global) award.


Lyxor Asset Management: Best ETF Investment Manager Europe 2019

Exchange-Traded Funds (ETFs) were first introduced in American financial markets. Lyxor Asset Management has paved the way for their potential to be exploited in Europe. Lyxor pioneered the use of ETFs as an investment tool when the market was still in its infancy, launching the CAC 40 ETF in 2001. Lyxor Asset Management serves institutional clients such as banks, pension funds, and insurance companies, as well as private customers. The firm’s wide range of ETFs facilitates clients’ access to global markets, and offers extra layers of investment protection. It also offers off-the-beaten-track opportunities for diversification. The Lyxor ETF exposure range spans all asset classes (equities, fixed income, commodities), many geographies, sectors and strategies — including Smart Beta or ESG themes. Lyxor protection strategies can help hedge against inflation and currency fluctuation risks, insulate against rising interest rates, and protect against short-term losses. Clients can choose diversifiers for their portfolios among commodities or across diverse sectors — including robotics and artificial intelligence, real estate, and infrastructure. True to its pioneering spirit, Lyxor was one of the first ETF provider to offer ETFs including environmental, social, and governance (ESG) criteria. It continues its decade-long track record of supporting sustainability, driving the market with nine ESG ETFs — the only provider in Europe to offer four funds aligned to the UN’s Sustainable Development Goals (clean water and energy, climate action, and gender equality). Innovation fuels the firm, which has more than 220 exchange-traded funds on offer and assets worth €65bn under management as of February 2019. The CFI.co judging panel commends the company for its market-shaping role, and recognises Lyxor Asset Management as the winner of the 2019 award for Best ETF Investment Manager (Europe).


BBVA Colombia: Best Mobile Bank Colombia 2019

With a history of more than 50 years in the financial sector in Colombia, BBVA Colombia stands out as an organization committed to the economic and social development of the country. It is part of a global financial group that has been offering financial services since 1857, helping more than 53 million clients in 30 countries achieve their life goals. It is the fourth largest bank in Colombia and currently has 1.2 million digital users, being mobile banking the preferred channel with over a 50% growth.

To boost mobile banking operations, BBVA has develop 100% digital products and services to improve productivity both within the organization and towards customers which have been the main focus of the bank in order to keep its leadership in innovation. BBVA's purpose of "Creating Opportunities" in this new digital era looks forward to reimagining the traditional banking business making use of disruptive technologies to become a digital player.

An user-centric perspective has always been at the centre of the bank, always delivering their customers the best possible products and services. Alongside the mobile banking app including diverse services such as fund investments, "Soat" Insurance and a payment store, there is "Wallet App" a digital product aiming to disrupt the way people pay, encouraging contactless payments in commerce and transforming the complete value chain. The bank wants to transform the financial culture in Colombia and the world, all in favour of improving people’s productivity by reducing both the time and the cost spent on traditional channels, thereby improving their quality of life.

All of the above couldn’t be possible without the commitment of the senior management. A strong leadership has been deployed to change the culture of the bank, with the help of agile methodologies looking forward to transforming the bank from the inside. The corporate values of the customer is first, think big and one team are at the front row of their activities. Also, BBVA's challenger communication approach with a marketing campaign such as “Uga-Uga” reflects the bank spirit to reduce the use of cash, increase the awareness and use of digital channels to boost productivity in the Colombian market.

Finally BBVA Colombia has a successful history of active involvement in corporate social responsibility programs, and has introduced a number of initiatives to support entrepreneurship, inclusiveness and women in business offering training, strategic support and financing.

This focus on social innovation through the intensive use of technology together with the solid corporate governance that has brought about such success means that the judges panel of CFI.co has no hesitation in presenting the award for Best Mobile Bank Colombia 2019 to BBVA Colombia.

Further info from BBVA website: https://www.bbva.com/es/co/bbva-reconocido-por-tener-la-mejor-banca-movil-de-colombia/?utm_source=facebook&utm_medium=social&utm_campaign=rrssworld&utm_term=12052019


AIM: UAE is Recognised by CFI.co as Best FDI Destination in the Middle East

[caption id="attachment_2233" align="aligncenter" width="684"] Minister of Economy, H.E Sultan bin Saeed Al Mansouri accepting an award from CFI.co for "Best FDI Destination - Middle East". Photo copyright CFI.co[/caption]

Following presentation of the Annual Investment Meeting  (AIM) Awards for FDI-agencies at a Gala Dinner at the Armani Hotel in Dubai on Monday 30th March, CFI.co was pleased to provide a special prize in further recognition of the outstanding investment environment efforts of the host country.

The UAE Minister of Economy, Sultan Saeed Al Mansouri received the award on behalf of the government and state in recognition of his country’s achievement in becoming the prime destination for FDI in the Middle East. The UAE has created an impressive global business hub from scratch during a very brief moment in history. The CFI.co prize also reflects the UAE’s success in creating a business environment conducive to solid FDI: one with world-class supporting infrastructure, superb living conditions for families, an attractive tax regime, a knowledge-based society, plus a dynamic, outward-looking and “go-to” business culture.

AIM, which was held from at the Dubai international Convention and Exhibition Center, focused on ‘Sustainable Development through FDI Induced Innovation and Technology Transfer’. This was an important gathering of some of  the world’s leading FDI academics, experts and practitioners – including Knowledge Partner CFI.co – under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai.


Anand Rathi Private Wealth Management: Best Wealth Manager India 2019

Leading Indian wealth management firm Anand Rathi Wealth Services Limited has been enjoying an exceptionally productive period, achieving unprecedented traction in its target market of the high net-worth individuals (HNIs) segment. In the last six years, the company’s asset under advisory has grown from Rs. 4,500 crore to Rs. 17,500 crore. With more and more clients embracing the objective-driven wealth management approach, the company has carved a niche for itself as being the alternative to target-led wealth management firms. Anand Rathi Wealth Services has employed over 600 people and operating from 9 locations - Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Pune, Kolkata, Gurgaon and Dubai– to meet its growing customer base. The Anand Rathi Group ventured into Private Wealth Management business in 2002, under the leadership of its Chairman, Mr. Anand Rathi. This innovative financial solutions company provides wealth management services to high net worth individuals (HNIs). In 2007, when Mr. Rakesh Rawal took over the mantle of the company, he took Anand Rathi Private Wealth to soaring heights. Under Mr. Rakesh’s leadership, a mathematically constructed Financial Strategy was created with aim of providing consistent returns at the least possible risk for clients. This unique strategy became the game changer for the company’s success. The company boasts of a stellar client-retention rate and forging lasting relationships. The company has four tenets of wealth management, which reiterates its stand of keeping 'client-first'. These include fearless advisory, data-backed recommendations, uncomplicated approach, and transparent implementation. Anand Rathi Wealth Services spares no expense in its research efforts, and offers data-driven investment advisory that inspires client confidence. The company promises an uncomplicated investment process, from the initial financial strategy through the evolution of the Relationship Manager-Client relationship. The CFI.co judging panel has followed this success story for several years, first recognising Anand Rathi Wealth Services in the 2015 awards programme. The judges are delighted to see the firm continue its upward trajectory and Anand Rathi Wealth Services Limited - for the fifth consecutive year - well-deserved recognition, this time the 2019 award for the Best Wealth Manager (India).


BIAT (Banque Internationale Arabe de Tunisie): Best Bank Governance Tunisia 2019

Banque Internationale Arabe de Tunisie (BIAT) was founded in 1976, and has developed a solid reputation for its business performance and corporate governance. BIAT had banking products with a net worth of $270m (834.5 m TND) in 2018, and boasts a leading position in the Tunisian financial markets. BIAT employs more than 2,000 dedicated team members to support the business development needs of clients in national and international markets. The bank’s network has more than doubled in size over the past decade, with 204 agencies across Tunisia. BIAT has developed a strategic roadmap for success, and it starts with good governance. The plan is determined by a separation of powers and is regularly updated to maintain its relevance. BIAT partners with an independent international rating agency to provide transparency in its social responsibility and performance. The bank leads by example in terms of good corporate citizenship, and has created a supportive and rewarding work environment for its employees. It has developed a comprehensive code of corporate social responsibility that reflects its commitment to driving economic growth and social progress. It offers investment funds to SMEs across various industries to fuel development in Tunisia’s interior regions. The BIAT Foundation For Youth, founded in 2014, manages outreach programmes that provide cultural, educational, and entrepreneurial activities for young Tunisians. The foundation aims to reduce social inequalities, and to encourage academic excellence, build skills and foster creativity. The CFI.co judging panel is pleased to recognise a financial institution with strong market performance and an outstanding commitment to civic responsibility. The judges present Banque Internationale Arabe de Tunisie with the 2019 award for Best Bank Governance (Tunisia).


XM.com: Best Customer Service Global 2019 and Best Market Research & Education Global 2019

Multi-regulated XM understands the fundamental elements important to all Investors when it comes to online Trading. From blazing fast execution derived from innovation in technology, to a commitment on providing the best customer experience in the industry, XM has definitely changed the game.

Serving over 2.5 Million Clients from 196 Countries, XM boasts a professional and highly technical Customer Support Department that can cater to more than 30 Languages, through various channels such as Live Chat, Phone, E-mail and other local communication means in different regions.

XM’s Customer Support Department is available 24/7, to resolve any issues or queries swiftly and thoroughly, providing individual focus for each client, regardless of portfolio size. The Company prides itself on one of it’s Key Performance Indicators, being FCR (First Contact Resolution) which is essentially the percentage of clients that manage to resolve their issues/queries from first contact, which is reportedly as high as 90%. It has managed to achieve this number, by still heavily investing in Human Resources, enabling it to provide all clients with real human assistance, rather than relying on Bots which is a rising trend adopted by other Brokers.

Apart from being exceptionally technical in all areas of Trading, ranging from Trading Platform queries to more technical trading questions, XM have managed to crack the code and offer a very humane approach when assisting clients. This is one of the fundamentals the Company was built on, forming part of it’s aspiration to be a Big, Fair and above all Human Broker.

XM also devotes immense resources to provide the ability for its Clients to have access to Market Research as well as Education. A successful foray into Forex Trading starts with an understanding of the market and the trends that affect it. XM disseminates a wealth of knowledge each year, publishing daily market and forex previews, special reports, and technical analyses, including insights into Indices, Commodities, and Cryptocurrencies.

The XM Site is a repository of trading know-how, with crash courses for new traders and in-depth programmes for seasoned pros. There are multiple hosted seminars and workshops available worldwide to equip clients with the most up-to-date data for informed decision-making.

The CFI.co judging panel has recognized XM on previous occasions, and once again the Company has managed to excel and warrant global recognition on the Customer Service it provides as well as the Market Research & Education available to all clients worldwide.

Congratulations to XM, for winning the 2019 Global Awards for Best Customer Service, and Best Market Research & Education.


Corporación Nacional de Desarrollo: Best Infrastructure Development Partner Latin America 2019

Uruguay’s Corporación Nacional de Desarrollo (CND), founded in in 1985, is one of the country’s major economic drivers, funding and managing national development projects. The state-owned corporation operates as a holding company with a mission to strengthen infrastructure, empower the population, and promote investment. CND partners with the public sector (government ministries and municipalities) and private sector (commercial enterprises and institutions) for on-time, on-budget completion of projects ranging from transport and energy to telecommunications. The company’s trifold focus addresses infrastructure, funding facilitation, and financial structuring. CND supports project development from planning through to construction, facilitates the financial management of project funds, and provides advisory, structuring, and administration support. In 2018, CND and its holding companies executed public works projects worth $470m. The company focuses on social responsibility; in 2018, it invested more than $50m in educational projects, and completed 64 educational centres. That emphasis on education holds true for the company in-house; it puts effort and investment into attracting, training, and retaining high-tech innovators for its team. The CFI.co judging panel is confident that CND’s future diversification strategies — including development of the country’s port infrastructure and co-operative deals with Argentina and Paraguay — will bear fruit. The judges declare CND the winner of the 2019 award for Best Infrastructure Development Partner (Latin America).


KPMG Lower Gulf Limited: Best Financial Advisory Team GCC 2019

[caption id="attachment_6713" align="aligncenter" width="1000"] Partner, Head of Markets James Babb (right) receiving an award from CFI.co[/caption]

Over its nearly five decades of operations, KPMG Lower Gulf Ltd has developed one of the most specialised and capable financial advisory teams in the Gulf Cooperation Council (GCC) countries. KPMG LG’s crack team of financial advisors empowers clients to author their own success stories. The company’s advisors focus on specialised sectors of finance, continually enhancing and updating their expertise in deal advisory and restructuring, consulting, risk management, and financial infrastructure advisory services. The firm boasts an internationally experienced leadership team of more than 100 partners, directors, and associate directors who head a workforce of 1,250 professionals. The firm is a trusted partner in the GCC region, with five offices in the UAE (Dubai, Abu Dhabi, and Sharjah) and a market presence in Bahrain, Qatar, Egypt, Kuwait, Lebanon, Jordan, Oman, Yemen, and Saudi Arabia. Most of KPMG LG’s staff have local and international experience, as well as an intimate understanding of regional markets and business practices. As part of the KPMG global network, the firm can draw on the knowledge and resources of 207,000 people working in member firms around the world — 153 countries and territories in total — to deliver effective solutions, and exceptional client value. The CFI.co judging panel recognises that the firm’s expertise and strength of purpose have achieved strong and consistent growth over recent years. The judges are pleased to offer KPMG Lower Gulf Limited the 2019 award for Best Financial Advisory Team (GCC).


RTA: Most Innovative Logistics Project Investment Team GCC 2019

To achieve its vision of safe and smooth transport for all, Dubai’s Roads and Transport Authority (RTA) keeps a pulse on the daily ebb and flow of its traffic and transit network with an eagle eye trained on the objectives outlined in Dubai’s 2030 plan. The RTA has created a comprehensive financial model to quantify, chart, and predict financial surpluses or deficiencies throughout its portfolio of potential infrastructure projects over the next 12 years. The overarching goal of RTA’s far-reaching plan is to gain full visibility on its financial performance over the coming years to ensure the long-term sustainability of its assets, operations, and finances. As a key government authority, the RTA has driven the infrastructural development of the city, steering Dubai to become one of the smartest cities in the world. The RTA has developed a business strategy to spur the commercial transformation of its scope. Although the RTA is part of the public sector, it’s taken a private-sector stance on financial sustainability, giving it priority as a crucial focus of the organisation. As such, the RTA is seeking to reduce its reliance on government funds by forging partnerships with private enterprises to source alternative financing for its infrastructure projects. It recently launched the first ever joint venture company within the RTA’s history — EHAIL, a digitally-enhanced taxi service company. The CFI.co judging panel was impressed with the RTA’s strategic mindset, mapping out a future trajectory of new collaborations and connections. The judges have no hesitation in presenting the Roads and Transport Authority (RTA) of Dubai with the 2019 award for Most Innovative Logistics Project Investment Team in the Gulf Cooperation Council (GCC).


Scottish Friendly: Best Mutual Insurer UK 2019

As a mutual, Scottish Friendly strives to create wealth and provide assurance – for policyholders, rather than shareholders. The Glasgow-based firm has served its members for more than 150 years, delivering reliable returns that are reinvested for stakeholders’ long-term benefit. Scottish Friendly launched a growth strategy in 2006 that prioritised diversification and organic growth, and mergers and acquisitions have since been strong drivers of the firm’s expansion. Membership has risen to 594,000, and assets-under-management to an impressive £2.8bn. Scottish Friendly invites new members to take advantage of its suite of financial solutions and services, including life insurance policies, savings plans, and investment products. The firm offers back-office support services and bespoke insurance products for other financial service organisations through strategic partnerships. Its proven resilience throughout uncertain times has given Scottish Friendly a competitive edge towards meeting its growth objectives, with a large-stake acquisition in a major company anticipated by the end of this year. The company’s consistent growth is driving recruitment, and Scottish Friendly expects to increase its workforce by up to 40 employees during 2019. The Scottish Friendly team carries out comprehensive focus-group studies to identify its customers’ continuously changing needs. It encourages members to prepare for life’s unexpected twists and turns with insurance products that offer peace-of-mind, and to grow their wealth with savings and investment plans that deliver tangible results. It has an active outreach programme to encourage younger customers to start planning their future — now. The CFI.co judging panel has no hesitation in offering Scottish Friendly the 2019 award for Best Mutual Insurer (UK).


Victoria Mutual: Best Financial Advisory Team Caribbean 2019

Since its launch, way back in 1878, Victoria Mutual has been a champion of financial inclusion. The Kingston-based company has devoted itself to empowering Jamaicans who had been financially excluded, providing them with savings and loan services, including mortgages and pension funds. The company is committed to staying abreast of the changing financial needs of its clients, and has developed strategic business units to offer them wealth management, money transfer, and real estate and insurance services. Victoria Mutual is a leader in wealth creation and protection, and remains true to its goal of empowerment. Its team believes that education is the key to that empowerment, and has developed public outreach platforms to provide communities with the financial literacy needed to plan for their future. The programmes introduce mortgages as a vehicle for home ownership — a dream it hopes to make an attainable reality for all Jamaican citizens. In 2018 alone, over 2,000 Jamaicans benefited from Victoria Mutual’s educational home ownership sessions. The building society’s sophisticated risk‐management strategy and governance policies have delivered a 23% increase to its loan portfolio from September 2017 to 2018 — while the market has grown by just 12%. The wealth management team provides Jamaican businesses with vital information on raising capital, and has become a leading arranger of bonds for corporate clients. The positive performance of Victoria Mutual’s equity and pension funds, its high rates of customer satisfaction and the engagement of its team caught the attention of the CFI.co judging panel. Victoria Mutual is a company that cares, and the judges are delighted to recognise its efforts in financial literacy education, as well as its sage stewardship. Congratulations to Victoria Mutual, the 2019 winner of the Best Financial Advisory Team (Caribbean) award.


Banco Santander Chile: Best International Bank Governance Chile 2019

In terms of loans and deposits, Banco Santander Chile reigns as one of the country’s market leader. It also sets the bar high in terms of governance, with principles rooted in honesty, diligence, and respect. For Banco Santander Chile, the end never justifies the means; it is committed to transparent and ethical conduct in every facet of its operations, from the market to the environment. The bank’s consistent capital solvency and efficient management have earned a strong show of confidence from international industry-rating agencies. It supports small and medium-sized enterprises and values long-term partnerships. Banco Santander invests considerable resources in professional development programmes, and the executive team encourages staff to work their way up the corporate ladder “in-house” through promotion. The bank is a staunch supporter of workers’ rights, and actively engages with union representation. Banco Santander Chile serves more than three million customers through a network of 380 branches. It recently launched a new branch design model, the Work Café, a refreshing combination of office and café with spacious co-working areas which are open to members of the public – whether clients or not. Banco Santander Chile empowers its staff to create market-relevant innovations and solutions – and to execute the strategies to realise them. The CFI.co judging panel believes the bank’s methodology merits recognition and presents Banco Santander Chile with the 2019 award for Best International Bank Governance (Chile).


MetLife Investments Limited: Best Private Placement Team EMEA 2019

MetLife Investments understands the importance of preparation. Investment managers at the London-based firm put in the necessary work to remain at the top of the class, building a reputation for thorough and reliable research. MetLife Investments Limited offers a range of financial services, but its specialities are leveraged loans and private equity investments. The company offers bespoke investment solutions, matching specific markets with dedicated specialists. The team’s personalised service and focused expertise has led to long-lasting relationships based upon mutual trust and growth. The company’s Corporate Private Placement strategy aims to cultivate high quality private debt, characterised by enhanced yield and strong diversification. The team structures investments as fixed- or floating-rate debt, and tailors them to meet the maturity and diversification specifications of their clients. Asset-liability management is in the company’s DNA, and its disciplined approach to risk-management has allowed MetLife to underwrite its own business, and deliver on its promises to clients. The company was incorporated in 1992 as a subsidiary of the MetLife Investment Management (MIM) platform. As part of the MIM platform, the team joins a collaborative network of 900 investment professionals, contributing to and benefiting from MetLife’s insightful research into macroeconomic investment strategies. Parent company MetLife is a global leader with a 150-year history in financial services, operations in more than 40 countries, and leading market positions in the United States, Japan, Latin America, Asia, Europe, and the Middle East. The CFI.co judging panel was impressed by way the Metlife Investments Ltd team has taken full advantage of its network and affiliations, and names the company winner of the 2019 award for Best Private Placement Team (EMEA).


Acharya Balkrishna (Patanjali Ayurved): Best Wellness Impact Global 2019

[caption id="attachment_6743" align="aligncenter" width="1000"] Acharya Balkrishna, left, with Tor Svensson, Chairman CFI.co[/caption]

With an entrepreneurial mindset and a yogi’s heart, Acharya Balkrishna has steered his company, Patanjali Ayurved, towards healthy profits and steady growth. Mr Balkrishna serves as the chairman of the fast-moving consumer goods company (FMGC), which provides effective Ayurvedic options for every health and household need. Patanjali Ayurved offers more than 1,000 products — each reflecting India’s ancient natural healing traditions — which reach a consumer base of more than 50 billion people worldwide. The company sponsors a regional hospital, a residential educational centre, and a research institute, all geared to spreading the healing powers of yoga and Ayurvedic treatments. The CFI.co judging panel recognises Acharya Balkrishna for his enlightened approach to holistic healthcare, and presents him with the 2019 award for Best Wellness Impact (Global).


Heliatek GmbH: Best Innovation-Led Clean-Tech Growth Germany 2019

Good ideas attract funding and faithful followers — and the clean-tech pioneer Heliatek has a great one. Heliatek was founded by a group of clean-energy enthusiasts 13 years ago to create a breakthrough product: organic photovoltaic (OPV) solar film. Heliatek solar film panels are a study in sustainability. Combining less than one gram of organic material with some heat, pressure and technological wizardry, Heliatek can produce 1m2 of ultra-thin, lightweight, flexible solar film. Heliatek solar film can transform any surface — from glass and concrete to polymer sheets and PVC membranes — into a source of clean energy. The product is a result of years of interdisciplinary research and development by a talented team of physicists and chemists, engineers and entrepreneurs, and Heliatek set the OPV standard with a record solar efficiency of over 13 percent in laboratory conditions. The panels offer near-limitless applications, with better process control and longer lifespan than traditional crystalline technology. The company operates on a “lab-to-fab” format, transferring research insights into production practices and a marketable product. Heliatek is positioning itself as a world leader in the clean energy sector. The technology underpinning all this has enabled it to secure several rounds of venture funding from private and public coffers — and convinced the CFI.co judging panel that Heliatek is the worthy winner of the 2019 award for Best Innovation-Led CleanTech Growth (Germany).


Ghana Investment Promotion Centre (GIPC): Best Investment Promotion Agency Africa 2019

[caption id="attachment_6761" align="aligncenter" width="1000"] Alex Dadey - GIPC board member, R. Yofi Grant - CEO GIPC, Tor Svensson - Chairman CFI.co, Robert Ahomka-Lindísay - Ghana Deputy Minister of Trade[/caption]

Democratic Ghana is full of valuable natural resources, and home to a thriving economy. The country has benefited from considerable recent foreign direct investment (FDI), enjoys enviable investor confidence, and is certainly a country to watch in Africa. Ghana ranks high on governance, the rule of law, individual freedom, and safety. It is also one of the fastest-growing countries in the world. Traditionally an agricultural and agro-processing market, other sectors are now showing promise. Opportunities abound in financial services and telecommunications, and investors are also considering Information and Communications Technology (ICT), tourism, and manufacturing. The Ghana Investment Promotion Centre (GIPC) has twice been honoured in recent years as the Best Investment Promotion Agency in West and Central Africa. That recognition came at the Annual Investment Meeting (AIM) Awards in Dubai, UAE, underlining and endorsing the GIPC’s ability to attract major projects that contribute to economic growth and national development. The well-managed centre provides a one-stop shop for investors, who recognise Ghana’s promising future and value the centre’s transparent structuring of large projects. The CFI.co judging panel considers Ghana an outstanding opportunity for investors – and the GIPC an efficient and helpful gateway. The judges’ confidence is reflected in a second consecutive CFI.co win for GIPC: the 2019 award for Best Investment Promotion Agency (Africa).


Deutsche Oppenheim Family Office: Best Strategic Asset Allocation Team Germany 2019

Navigating the investment market is a strategic endeavour, where advanced, quantitative analysis trumps emotion — and few firms are as skilled at the game as the multi-family office and asset manager Deutsche Oppenheim Family Office. The German firm views the challenges of complex assets as an opportunity to leverage its market expertise for the long-term benefit of its clients. For more than two decades, Deutsche Oppenheim Family Office has provided partnership-based support to its clients, developing individual investment strategies designed to meet the investment objectives of each one, taking into account return targets, investment horizons, cash flow needs and risk tolerance. Strategic Asset Allocation (SAA) is a crucial first step to creating return and risk profiles consistent with all the investor’s preferences. Deutsche Oppenheim Family Office quantifies the opportunities and risks of liquid and illiquid assets into a transparent, objective, and reliable basis for decision making. Through its SAA investment approach, Deutsche Oppenheim Family Office processes the data through the framework of each client’s strategy — and the firm’s “PassivePlus” guidelines. “PassivePlus” utilizes, as the name suggests, passive funds and exchange traded funds (ETFs) as its core investments and pursues active funds only when data deems them worthy. Flashy trends and market fads don’t find their way into investor’s portfolios.  All investment strategies are based on academically founded and practically proven theses. The highly quantitative investment process ensures that subjective assessments are avoided and produces highly diversified portfolios with no cluster risks. The firm has enjoyed strong performance even in poor market phases and has beaten 95% of its comparable peer group since 2014. Especially the year 2018 has been a good one for the “PassivePlus” concept. Remaining close to the benchmark and avoiding costly tactical asset allocation mistakes has once more proven effective during this difficult economic period.  The CFI.co judging panel pegs the firm as a solid partner — in fair weather or foul — and declares Deutsche Oppenheim Family Office as the winner of the 2019 award for Best Strategic Asset Allocation Team (Germany).


SBM Securities Ltd: Best Stockbroker Indian Ocean 2019

[caption id="attachment_6769" align="aligncenter" width="1200"] SBM Securities Ltd team[/caption]

Globalisation can elevate small countries with the right skill resources and infrastructure to challenge larger world players for more of the market share. The island nation of Mauritius entices foreign companies to establish operations with its favourable tax structure and entrepreneurial incentives — which SBM Securities Ltd aims to leverage to establish the country as an international hub for financial services. SBM Securities Ltd serves its parent company, SBM Holdings Ltd, as the stockbroking arm of the group, and is licensed by the Financial Services Commission (FSC) as a full-service investment dealer. It operates under the umbrella of SBM Capital Markets, and is the only bank in Mauritius to be granted an investment license. It employs a team of dedicated professionals with an impressive track record of navigating local and international finance markets. SBM Securities Ltd offers investment products for individual or institutional clients, from shares, bonds and mutual funds to IPO listings, underwriting services and dual currency investments. The company has streamlined its corporate structure to pool resources across the group and broaden its spectrum of products and services. It has overhauled its internal IT portal to maximise efficiency and access to information, and will this year launch an app to give customers on-the-go control of their investments. SBM Securities Ltd bustled through a busy 2018, adding three listings to the Stock Exchange of Mauritius, and extending the work schedule of its trading desk to allow greater access to all markets, including the US and Asia. SBM Securities Ltd first attracted the attention of the CFI.co judging panel in 2017 for its comprehensive suite of investment tools. The judges are delighted to honour SBM Securities’ continued development with fresh recognition —the 2019 award for Best Stockbroker (Indian Ocean).


Investment House: Best Investment Banking Solutions Middle East 2019

[caption id="attachment_6778" align="aligncenter" width="1200"] CEO Saeed Saleh Al Marri, right, receiving an award from CFI.co[/caption]

One path to sustainable success lies in customer care, something that Investment House has at the heart of its business strategy. The Qatar-based firm strives to surpass the requirements of its clients. Investment House is one of the fastest-growing investment banks in the Middle East, providing a broad range of financial advisory services to individual and institutional investors throughout the region. Qatar represents a promising segment of the Gulf Co-operation Council (GCC) investment market, and Investment House has been a leader in the sector for nearly two decades. The firm fulfils the strict regulatory and governance mandates required by Qatar Central Bank, as well as those required by Shariah law. Investment House aims to mitigate risk, and its clients have come to trust it to consistently deliver high yields. From brokerage and portfolio management to mergers and acquisitions, Investment House offers reliable services that deliver results. Investment House also offers advisory services, including business valuation, restructuring consultation, financial planning, and due diligence. With its presence firmly established in the GCC, Investment House is spreading its international reach, with planned expansion into the US and Europe. Customer satisfaction is the firm’s main priority, and it envisions a future of shared growth and prosperity. The CFI.co judging panel applauds the firm’s client-centric focus, and presents Investment House with the 2019 award for Best Investment Banking Solutions (Middle East).


Liechtenstein Bankers Association: Outstanding Contribution to Good Bank Governance Liechtenstein 2019

Since the Liechtenstein Bankers Association (LBA) developed a new strategy in 2010 — Roadmap 2015 — it has repositioned itself to be more closely aligned to the day-to-day needs of its members and their customers. The LBA is characterised by strong leadership and co-operation, combined with a future-oriented and innovative approach. It was instrumental in shaping the tax conformity strategy of the country and in implementing so-called Government Declaration on tax compliance. The LBA shows a clear commitment to the automatic exchange of information, and in 2016 the LBA formulated the next stage of this pioneering strategy: Roadmap 2020. This strategy defined the key pillars for the principality to function as a major financial hub: sustainability, stability, and quality of services and products. Through constant analysis of the environment, market situation, and international developments, the LBA has been able to chart the steps that needed to be taken. It identified sustainability and digitalisation as the primary issues in moving forward. As a result, the organisation has become the financial centre's main voice, and Liechtenstein's most significant trade association. The LBA takes a pro-active role in the development of the financial centre and in this spirit is currently assessing its banks in terms of where they stand on sustainable finance and sustainable products. It has built a day-care centre for employees' children, just one example of the association’s forward-looking approach. Its instinctive understanding of shaping the future of a financial centre has impressed the CFI.co judging panel, which confers on Liechtenstein Bankers Association the 2019 award for Outstanding Contribution to Good Bank Governance Liechtenstein.


Assupol: Best Life Assurer Southern Africa 2019

Caring has always been the cornerstone of Assupol operations. The South African insurance company was born more than a century ago, with a mission to provide funeral services for civil servants. Now it’s a household name for customer commitment and market-tailored insurance and savings offerings. Superior client service is a priority focus at Assupol, fuelling product innovation and positive market change. The company drives for sustainable growth, with exemplary leadership in equality and financial inclusion. From ownership and leadership to workforce and client base, Assupol stakeholders are diverse and well-represented. The group has empowerment at heart, from Assupol Life CEO Bridget Mokwena-Halala onwards: 38 percent of ownership, 55 percent of staff, 57 percent of financial advisors, and 62 percent of its client base are African women. The company is a steadfast community partner, investing in the country’s economic growth and social progress. Assupol sponsors Early Childhood Development (ECD) programmes, last year investing more than R30m (£1.62m) in more than 100 ECD centres, providing thousands of children with nutritious meals, and training some 80 ECD practitioners. Over the next five years, Assupol plans to equip 100 rural primary schools with improved sanitation — including the harvesting of rainwater for sustainability — with more programmes to follow. Its outreach initiatives protect consumers with information about debt dangers, recourse availability, and predatory lending practices. The CFI.co judging panel has followed the company’s growth over the years, and is delighted by its customer focus, community commitment, and financial performance. For the fifth year running, the judges declare Assupol a winner, this year for the 2019 award for the Best Life Assurer (Southern Africa).


Banco Ganadero: Best Green Bank Bolivia 2019

Since its foundation in 1994, Banco Ganadero has been strongly attached to the agricultural sector in Bolivia, in particular to the many SMEs represented there. To deliver the highest level of service to its clients, it places paramount importance on in-house teamwork and co-operation, the setting of ambitious but attainable goals, and perseverance in achieving its objectives. These qualities are instantly recognisable to its clients working the land. While always embracing its corporate social responsibility, the bank has developed an innovative range of products, from savings to financing to insurance. The aim is to make life easier for customers, and to contribute to national economic growth. Banco Ganadero has shown great awareness of the need to preserve and protect the environment, and promotes the careful use of natural resources.

It is the first financial institution in Bolivia to develop an environmental and social management system ¨SARAS¨ (Environmental and Social Management System by its acronym in Spanish), which focuses on credit loan processes, promoting high standards and responsible practices to SMEs that receive bank financing, achieving relevant results for environmental and social sustainability. The system is the mainstay of the Corporate Social Responsibility (CSR).

In addition, the bank has changed the energy matrix in its offices, using led lightbulbs and installing solar panels to generate clean electricity and reduce energy consumption. Banco Ganadero was the first financial institution in Bolivia to introduce bicycle parking spaces for staff and clients, and it closely monitors the use of water, electricity and paper. Ever the pioneer, the bank has embraced digitalisation; its GanaNet and GanaMóvil virtual banking services are available around the clock, which saves farmers and those living in rural areas time and fuel. The digital service means these citizens can carry out transactions — wherever they are —. Having evaluated these trailblazing initiatives, the CFI.co judging panel considers Banco Ganadero entirely deserving of the 2019 award for Best Green Bank (Bolivia).


Dammam West Independent Sewage Treatment Plant: Best Water CleanTech PPP Emerging Markets 2019

The Dammam West independent sewage treatment plant (ISTP), the first ISTP project in the Kingdom of Saudi Arabia (KSA), has earned the interest and admiration of the CFI.co judging panel this year as the Best Water CleanTech PPP Emerging Markets 2019. The Build Own Operate Transfer (BOOT) project is hailed for its exemplary alignment of ideology and operation with the UN Sustainable Development Goal of Universal Access to Safe Drinking Water.

The project was awarded to the consortium led by Metito and also comprising Mowah, and Orascom Construction. The primary purpose for the project is to provide critically needed sewage treatment capacity for the growing urban area of Greater Dammam area including Ad Dammam, Al Khobar and Dhahran. The plant will serve one million inhabitants and has a designed capacity of 350,000 cubic meters per day and an initial capacity of 200,000 cubic meters per day. Contributing to a greener environmental footprint the project is being developed on smallest land area required for a plant of its capacity and utilises the most advanced MBBR technologies in the treatment process, reducing power consumption to a significant minimum. Turning waste to wealth, the quality of the treated effluent is one of the highest in KSA and the sludge quality is a EPA Class A, which can be used for landscaping and irrigation. The plant is equipped with a Biological Scrubber odour control system keeping the surrounding area odourless.

With the project being the first ISTP in KSA, it led the way for the Kingdom to realize multiple similar projects, and set the tone for a more engaging dialogue about PPPs and the importance of engaging private capital to realize lifeline, mega scale projects in a collaborative framework. Such projects also make best use of private sector experience in the environment, water and agricultural sectors, in line with the Kingdom’s "Vision 2030" and the wider initiatives approved by the Cabinet of Ministers to further encourage private sector participation in economic development initiatives.


fair-finance: Most Socially Responsible Pension Fund Central Europe 2019

Ethical finance principles are a welcome trend in financial markets, but for one company this has been both moniker and ethos since its inception: the Austrian holdings and securities company, fair-finance. Founded in 2008, fair-finance balances investment decisions based on sustainability, the economic dimension of security, earning capacity and investment liquidity, as well as the ecological and social. CFI.co is no stranger to fair-finance and its responsible stewardship of client assets, having recognised this winner in earlier years. The past year has delivered exciting developments including the best annual performance results within its group of peers. The company released a Fairness Report (an integrated sustainability and performance statement) for 2018, that combines financial and non-financial key indicators in a highly transparent manner and in full compliance with the Global Reporting Standard (GRI). Impact investing remains a clear focus for fair-finance, with a diversified portfolio ranging from microfinance and reforestation to energy storage technology, sustainable real estate, and social business. In support of the latter, fair-finance has partnered with Senat der Wirtschaft to establish the country’s first Social Entrepreneurship Fund. fair-finance manages the fund and provides start-up financing for business cases with visible and measurable social impact. These economically successful social enterprises offer innovative solutions for social challenges, and seamlessly align with the company’s vision for a society that is socially just and an environment that is protected and preserved. The CFI.co judging panel once again concurs: fair-finance is the worthy winner of the award Most Socially Responsible Pension Fund (Central Europe, 2019).


Suez Industrial Development Company (SIDC): Best Industrial Park Operator MENA 2019

Egypt rests at the centre of the ancient world and the crossroads of the new, and Suez Industrial Development Company (SIDC) leverages that situation to support global businesses. SIDC is located on the Suez Canal, with convenient port access and strong infrastructure for ground and air freight. The canal is a transcontinental gateway between Africa, Asia, and Europe, underpinned by 26 international agreements that foster open trade. For more than 20 years, SIDC has been developing its share of the Suez Canal Economic Zone — over nine million square metres in size — to provide modern infrastructure, services, and support for industry. SIDC has designed a powerhouse of production capacity, from energy and water treatment to security systems and communication networks. Plug-and-play capabilities are right in the SIDC base, with fully equipped turn-key properties starting at 450 square metres in size (it’s equally comfortable with large industrial customisation projects). SIDC markets properties in the zone as investment opportunities, and top-notch infrastructure and favourable tax policies have attracted more than 65 companies. SIDC offers security and far-reaching maintenance and integration services, including assistance in obtaining government licences and permit approvals. The CFI.co judging panel applauds the company’s efforts to cut red tape to empower businesses. Congratulations to Suez Industrial Development Company, winner of the 2019 award for Best Industrial Park Operator (MENA).


Tickmill: Best Forex Execution Broker 2019

Trading is the beating heart of Tickmill, a Forex and CFD (contract for difference) services provider with four decades of experience in financial markets from Asia to North America. The company harnesses innovative technology to deliver top-tier trading services boasting low spreads and swift execution. Absolute transparency and zero requotes are solemn promises from Tickmill, not guidelines. Its trading platform was built by traders, for trades, featuring intuitive design and tech tools which allow clients to access the online platform, Web Trader. Clients can also download its customisable MT4 platform to gain a competitive edge and reach their full potential. Tickmill offers clients a portal to the world’s largest market — Forex — with trade in more than 60 currency pairs. Tickmill’s timesaving Forex tools include margin and pip estimates that support risk-management strategies and currency converters to reflect, to-the-moment, market exchange rates. Tickmill’s exceptional trading environment and customer support have attracted retail and institutional clients from around the world. Tickmill trading volume in 2018 surged 84 percent over the previous year, with significant growth across all financial metrics. Authorised and regulated by the UK Financial Conduct Authority, the Cyprus Securities and Exchange Commission and the Seychelles Financial Services Authority, Tickmill ensures a safe and efficient trading experience for a global client base. The CFI.co judging panel presents Tickmill with the 2019 award for Best Forex Execution Broker.


C&WJ Co-operative Credit Union: Best Social Impact Financial Solutions Jamaica 2019

At the Community and Workers of Jamaica (C&WJ) Co-operative Credit Union, the driving modus operandi goes beyond the profit motive to address social inequality, increase financial inclusion and give back to the communities where it operates. C&WJ is currently the largest credit union in Jamaica, with over 20 branch locations serving more than 120,000 members. The Credit Union promotes financial inclusion by extending membership to some of the poorer regions of the island, meeting difficult Know-Your-Customer (KYC) requirements for formal mailing addresses with a flexible, common-sense approach for dwellings that lack street names and numbers. C&WJ has developed underwriting standard that assesses applications’ demonstrated ability to earn rather than their full-time employment status to determine their eligible credit line. The underwriting standards ensure that C&WJ keeps arrears down to acceptable ratios and sets provisions against loan defaults. C&WJ offers its members – who are from a wide cross-section of persons in various industries and professions – a full suite of financial services from savings to specialty loans for homes, autos or education. C&WJ places education at the forefront of its social outreach initiatives. In 2018, C&WJ Co-operative Credit Union awarded over $5 million in scholarships, bursaries and grants at the tertiary and secondary levels: $3 for students pursuing programmes at the tertiary level and 95 scholarship and bursaries valuing over $2 million were granted to children of members throughout the branches of the Credit Union. The CFI.co judging panel commends the Co-op’s educational emphasis and is delighted to recognise C&WJ Co-operative Credit Union as the 2019 winner of the Best Social Impact Financial Solutions (Jamaica) award.


SBM Group: Best Financial Group Indian Ocean Rim 2019

The SBM Group has a firm foothold in Mauritius with a growing regional presence through its operations in Madagascar, India, and Kenya, plus a banking licence to operate in the Seychelles. Founded in 1973, SBM has been expanding its product line-up and geographic network to facilitate cross-border trade and investment along the Asia-Africa corridor. The intricacy of international finance means there are seldom one-size-fits-all solutions, and the bank has developed strategic plans for each region. SBM currently operates four branches in India, which it recently consolidated into a Wholly Owned Subsidiary (WOS) structure — the first foreign WOS bank to be granted a full banking licence. Four more branches are slated for completion this year, and as many as 15 are anticipated by the end of 2020. India can be a tricky market to navigate, but SBM has the experience and expertise to tailor risk profiles by region. SBM has shifted its focus for the massive Indian market, with special emphasis on encouraging the cross-border business activity of SMEs throughout the Indian Ocean Rim. In the booming Kenyan market, SBM Group is a strong player with over 50 branches, focusing on commercial banking. The global economy may have entered another cycle of slow growth, but SBM operates in regions where GDP growth is forecast to nearly double the average. Trade between Africa and India is booming, and the group is perfectly poised to offer in-house financing solutions for the entire region. The CFI.co judging panel has recognised SBM in several previous awards programmes, and is happy to see the group never rests on its laurels. The judges declare the SBM Group the winner of the 2019 award for Best Financial Group (Indian Ocean Rim).


SBM Group: Best Growth Strategy Kenya 2019

After solidifying its status as a star of the Indian Ocean Islands’ financial firmament, the SBM Group set its sights on expanding its presence from Mauritius to Asia and Africa. For SBM, East Africa — specifically Kenya — was the obvious choice. Kenya has a booming population, one of the youngest and best-educated on the continent. The market presents unusual opportunities for growth, as an exodus of banks left a financing gap of an estimated $120bn. SBM entered the African financial market in 2017 with the acquisition of a minor bank with major issues; it acquired selected assets and liabilities of a bigger bank the following year – making SBM Group a strong player in the Kenyan market. For SBM’s expansion plans, acquisition trumps merger as the bank prizes its autonomy. SBM Bank is the flagship organisation of the group, which has accumulated nearly five decades of expertise along the way — experience it has used to transform two failing institutions into stable ventures. Since landing in Kenya, SBM has gone from 100 employees to 800, 10 branches to over 50, 5,000 customers to 220,000. Branded under SBM Kenya, the network now comprises 53 branches across the region. SBM aims to establish a Kenyan bank, run by Kenyans, for Kenyans, and underpinned by international best-practice. SBM has been on the radar of the CFI.co judging panel for several years, having come to the panel’s attention for its resilience, strong liquidity, and unerring vision. This year the judges are delighted to present the SBM Group with the 2019 award for Best Growth Strategy (Kenya).


Wing (Cambodia) Limited Specialised Bank: Best Social Impact Bank Cambodia 2019

Cambodia’s Wing Specialised Bank is challenging the notion that cash is king by putting the power of digital banking in the hands of the people, including — and specifically targeting — the lower levels of the socio-economic pyramid. Wing dominates Cambodia’s mobile money and electronic payment services, with more than 6,000 Wing Cash Xpress outlets nationwide and 30,000 local and global partnerships with companies including Mastercard, Western Union, and MoneyGram. Wing’s payment system is fortified by companies large and small using its payroll and disbursement services. Wing aims to provide all Cambodians with mobile financial services, and to contribute to the sustainable progress of the nation and its people. That drive begins in-house with Wing’s established work culture, where career aspirations are nurtured and hard work is rewarded. With national wages averaging just $180 per month, Wing agents earn upwards of $600 — and the bank has hired 1,500 new agents since 2018. Mobile money transactions increased from $60m in 2018 to $100m in 2019, and the Wing Wallet app now has more than 1.5m users. Wings facilitates transport throughout Cambodia, providing a tap-and-pay option for bus travel and even participating in the “tuk-tuk” taxi market. Of the country’s 20,000 tuk-tuk drivers, 90 percent have signed up for the system, and process up to 5,000 transactions daily. Wing also operates automatic payroll services for around 240,000 workers, and partners with the Ministry of Health to provide financial assistance for pregnant women. For the second consecutive year, the CFI.co judging panel declares Wing as a winner: Wing Limited Specialised Bank wins the 2019 award for Best Social Impact Bank (Cambodia).


Lockheed Martin: Most Innovative Next-Gen Technology Solutions Global 2019

Lockheed Martin understands missions of critical importance. From unlocking new energy sources to identifying potential threats, the global security and aerospace company is a powerful partner to governments and enterprises around the globe. The company employs a workforce of 105,000 professionals — top tech talent, exceptional engineers, and leaders with long-term vision — all striving to anticipate and meet the future needs of its clients today. Lockheed Martin (NYSE: LMT) is a pioneer of advanced security technology, driven by the belief that complex challenges are opportunities to advance scientific discovery and deliver solutions with global impact. The company has played a pivotal role in the development of the global positioning system (GPS) satellite constellation, contributing more than 60 percent of the satellites that currently orbit the Earth. LMT satellites provide positioning, navigation and timing signals to more than four billion users worldwide — military, commercial and civil. They connect communication services and support security forces with rapid, reliable intel. They enable early warnings of extreme weather events and gather big data caches for climate-change studies. Lockheed Martin invests in disruptive technology that to helps keep people safe, from outer space to cyberspace. LMT tech protects crucial IT networks — including military, energy, and transportation systems — from hackers by training and arming cyber-protectors with a full-spectrum of tech capabilities. If a hacker or hurricane does manage to knock out the lights, Lockheed Martin has developed a revolutionary, long-lasting energy storage solution that will provide more than 12 hours of emergency power. The CFI.co judging panel applauds the company’s emphasis on impact, and congratulates Lockheed Martin on winning the 2019 award for Most Innovative Next-Gen Technology Solutions (Global).


Private Client Holdings: Best Investment Advisory Team South Africa 2019

[caption id="attachment_6790" align="aligncenter" width="1000"] Founders: Grant Alexander and Andrew Ratcliffe[/caption]

Looking after clients’ wealth is a point of pleasure and pride at Private Client Holdings, the South African firm that approaches wealth management from a customer-centric, goal-based perspective. The firm aims to outpace its peers and outperform the markets with a conservative yet results-driven approach that has consistently delivered respectable returns over the past 19 years. The firm’s long track record of strong and steady performance is a just one of the factors that elevates it above the competition. The innovative fintech solutions — a result of years of savvy tech investments — is yet another factor. Tech advances have enabled Private Client Holdings to operate at superior levels of efficiency and rapid response, but the firm counts its people as the force that most drives its success. Private Client Holdings employs over 100 highly qualified professionals who are dedicated to the firm’s philosophy: to provide investment advisory services that are tailored to the client and “grounded in independent, rational thinking, in diversification and in long-term value creation”. Private Client Holdings has been lauded as a champion of best practices with investment strategies that deliver consistent outcomes over time — and its track record has inspired confidence amongst investors as well as investment team members. The CFI.co judging panel believes the firm’s blended and bespoke investment approach provides unparalleled support of the needs of high-net wealth families. The judges have no reservations in naming Private Client Holdings as the winner of the 2019 Best Investment Advisory Team (South Africa) award.


BroadSpan Capital: Best Cross-Border M&A Advisory Team Latin America & The Caribbean 2019

With headquarters in Miami and interests throughout Latin America and the Caribbean, BroadSpan Capital is a boutique firm providing the reach and quality of a large investment bank. Founded in 2001, the firm provides investment banking and advisory services to corporate clients and government agencies to facilitate cross-border mergers, acquisitions, financial restructurings, and capital raising. The firm is driven by a first class team that internalises BroadSpan’s immutable principles of integrity and professionalism, and fortified by each team member’s expertise in emerging markets and international finance. BroadSpan attributes its success to its work force of experienced, multi-lingual professionals, building trust with clients over the years by providing fiduciary advice of the highest quality — responsive, reliable, and value- added. BroadSpan has offices in Miami, Rio de Janeiro, Sao Paulo, and Bogota, ensuring agility and local expertise of its geographically focused portfolio of projects, with a specialisation in Latin America and the Caribbean. Continuous expansion of the region is the strategic focus over the next five years, and BroadSpan’s leadership has sights set for possible development in Mexico. Through collaborative agreements and strategic partnerships, the firm has unlocked new markets and expanded its global reach, offering merger and acquisition (M&A) advisory solutions and services through affiliate offices in 30 countries around the world. The firm first came to the attention of the CFI.co judging panel from business leaders who trust BroadSpan to provide informed, independent, and objective advice — but it’s the indomitable spirit and demonstrated resilience that cinched the deal. The judges unanimously declare BroadSpan Capital as the winner of the 2019 Best Cross-Border M&A Advisory Team (Latin America & The Caribbean) award.a


Kandeo Fund LP: Best ESG Private Equity Team - Latin America 2018

As social and environmental responsibility moves from niche to mainstream, companies seeking investors must show more than half-hearted compliance. Businesses that actively contribute to a more sustainable future are motivating millennials to put their money where their morals are. Kandeo Fund is a private growth-equity firm with an ethical compass that points true north, and has a special gift for generating measurable social and environmental benefits – along with financial gain. Kandeo’s mission is threefold: to encourage growth in Latin America’s MSME sector (micro, small, and medium enterprises); to strengthen communities through the creation of opportunity; and to deliver above-market returns to its shareholders. The firm’s investment strategy is rooted in financial inclusion, and the integration of environmental, social, and governance principles. Founded in 2010, Kandeo Fund manages investments throughout Latin America via its headquarters in Mexico City, operational offices in Bogota and Lima, and an administrative hub in Miami. The Kandeo team combined boasts more than 85 years of financial service experience, and $1bn in transaction expertise. It leverages that experience to guide companies — and in turn communities — towards sustainable growth. Kandeo Fund manages assets worth more than $377m from institutional investors who share Kandeo’s commitment to the UN’s Sustainable Development Goals. Kandeo Fund has caught the attention of the CFI.co judging panel – once again – for outperforming the market while making impactful contributions in gender equality, financial inclusion, and environmental conservation. The judges name Kandeo Fund, for the second year running, as the winner of the 2018 award for Best ESG Private Equity Team (Latin America).