The Top 100 CEOs in GCC Revealed


The winners of the Top CEO Awards 2017 have been announced, following the successful conclusion of the Top CEO Conference on April 11. The awards ceremony was hosted at the Bay La Sun Hotel & Marina, King Abdullah Economic City, where the event made its Saudi Arabian debut. It is is organised by TRENDS magazine in collaboration with expert auditors and leading business organisations.

The Top CEO Awards celebrate the region’s TOP 100 CEOs based on an evaluation of their companies’ listings on GCC stock exchanges across different categories – a meticulous and transparent process that sets the flagship event apart as an industry-leading platform.

To add another layer of transparency and accountability to the selection, TRENDS works with INSEAD business school and corporate governance institute Hawkamah to ensure that elements of good governance remain an integral part of the overall ranking system, while global auditors including Deloitte – one of the world’s largest professional services networks – also assist in the evaluation of the financial statements.

Julien Hawari, Co-CEO at Mediaquest – the media company behind the event and the publisher of TRENDS magazine – commented: “We are pleased to recognise and reward the region’s top 100 CEOs, who are driving GCC business onto greater heights with their dedication, skill and expertise, while also serving as exceptional role models for companies the world over. Our transparent and stringent selection process has made the Top CEO Awards the definitive platform for recognising exceptional business leadership across the region and a benchmark for business heads and their companies.”

The Top CEO Awards are distinctive and unique because only those companies that are listed on the stock exchanges of Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait and Oman are evaluated. In a comprehensive ranking process, all of the companies listed on these stock exchanges are evaluated on the basis of performance, growth, goodwill, reputation and good governance. Other parameters include revenues, market capitalisation and the company’s evolution over the past 24 months, as well as its size, earnings per share and profits.

Julien Hawari, Co-CEO at Mediaquest, pointed out: “The fact that the rankings are finalised on the basis of hard statistics and numbers makes this one of the most respected awards programmes in the world. Winning a Top CEO award is not only the greatest recognition of leadership excellence – it also leads to tangible new opportunities for companies in the region and we are proud to see the event directly driving and stimulating business growth.”

The final top 100 CEOs are recognised for their ability to drive a positive change in the fast-changing dynamics of business and for their proven ability to steer their companies towards profits after beating all odds of the negative market sentiments.

This event was held under the sponsorship of American Express as the Strategic Sponsor, King Adbullah Economic City as the Strategic Partner, Maserati as the Official Car Sponsor, Panerai as the Timekeeper Sponsor, DHL as the Silver Sponsor, Capital Club and Deloitte as Bronze Sponsors and Arab News as the Official English Media Partner.

In alphabetical order of company, the 100 Top CEO 2017 Awards go to:
Abu Dhabi Commercial Bank, Ala’a Eraiqat
Abu Dhabi Islamic Bank, Tirad Al Mahmoud
Abu Dhabi National Takaful Co, Osama Abdeen
Advanced Petrochemical Co, Eng. Abdullah M Al-Garawi
Ahli Bank, Salah Jassim Murad
Ahli United Bank, Adel El Labban
Al Baraka Banking Group, Adnan Ahmed Yousif
Al Batinah Development and Investment Holding Co, Aamal Abed El-Aziz Haggag
Al Khazna Insurance Co, Rubaya Al Muhairi
Al Rajhi Bank, Steve P Bertamini
Al Rajhi Company for Cooperative Insurance, Abdulaziz Mohammed Al Sedeas
Al Salam Bank Bahrain, Yousif Abdulla Mohamed Taqi
ALAFCO Aviation Lease and Finance Company, Ahmad Abdullah Al-Zabin
Aldar Properties, HE Mohamed Al Mubarak
Aldrees Petroleum and Transport Services Co, Eng. Abdulilah Saad Mohamed Aldrees
Alijarah Holding Co, Hamad Abdulla Shareef Al-Emadi
Aljazira Takaful Taawuni Co, Sager Abdullatif Nadershah
Alliance Insurance, AimenSsaba Azara
Almarai Co, Georges Schorderet
Amanat Holdings, Khaldoun Haj Hasan
Arab Banking Corporation, Dr Khaled Said Ramadan Kawan
Arab National Bank, Dr Robert Maron Eid
Arabian Scandinavian Insurance Co, Ahmad Mohammed Amin Al Kazim
Arabian Shield Cooperative Insurance Company, Basem Odeh
Aramex, Hussein Hachem
Bank Albilad, Abdulaziz Al-Onaizan
Bank Muscat, Abdul Razzaq Bin Ali Issa
Bank of Sharjah, Varoujan Nerguizian
Banque Saudi Fransi, Francois Patrice Couvegnes Boubyan
Bank Boubyan, Adel Abdul Wahab Al-Majed
Bupa Arabia for Cooperative Insurance Company, Tal hisham Nazer
Buruj Cooperative Insurance Co, Samer Kanj
Commercial Bank International, Mark Robinson
Commercial Bank of Kuwait, Elham Yousry Mahfouz
Damac Properties, Hussain Ali Habib Sajwani
Deyaar Development, Saeed Mohammed Al Qatami
Doha Insurance Co, Bassam Hussein
DP World Ltd, sultan Ahmed Bin Sulayem
Dubai Investments, Khalid Jassim Bin Kalban
Dubai Islamic Bank, Dr Adnan Chilwan
Emaar Malls Group, Nasser Abdulrahman Rafi
Emaar Properties, Amit Jain Emaar
The Economic City, Fahed Al-Rasheed
Emirates Driving Co, Khaled Khalifa Al Mansoori
Emirates Integrated Telecommunications Company, Osman Sultan
Emirates NBD Bank, Shayne Nelson
Eshraq Properties Company, Abdullah Saleh Almeheimidy
Ezdan Holding Group, Ali Mohammed Ali Al-Obaidli
First Gulf Bank, Andre Sayegh
GFH Financial Group, Hisham Ahmed Al Rayes
Gulf Bank, Antoine Daher
Gulf Warehousing Co, Ranjeev Menon
HSBC Bank Oman, Andrew Long
Human Soft Holding Company, Mayank Hasmukhlal Baxi
Industries Qatar, Eng. Saad Sherida Al-Kaabi
Insurance House, Mohammad Othman
Invest Bank, Sami Rached Farhat
Investcorp Bank, Mohammed Al-Shroogi/Rishi Kapoor
Khaleeji Commercial Bank, Khalil Ismaeel Al Meer
Kuwait Finance House, Mazen Al-Nahedh
Masraf Al Rayan, Adel Mustafawi
MetLife AIG ANB Cooperative Insurance Co, Carl Tachdjian
Nass Corporation, Sameer Abdulla
Nass National Bank of Fujairah, Vince Cook
National Bank of Kuwait, Essam Jassem Al-Sager
National Central Cooling Co, Jasim Husain Thabet
National Commercial Bank, Saeed Bin Muhammad Al-Hhamdi
National Petroleum Services Company, Khalid Hamdan Al Saif
Oman Fiber Optic Co, Mohammed Harith Al Barashdy
Oman Telecommunications Co, Talal Al Mamari
Ooredoo, HE Sheikh Saud Bin Nasser Al Thani
Orient Insurance, Omer Elamin
Port Services Corp, Saud Ahmed Al Nahari
Qatar Electricity and Water Co, Fahad Hamad Al-Mohannadi
Qatar Industrial Manufacturing Co, Abdulrahman Abdulla Al-Ansari
Qatar Insurance Co, Khalifa A Al Subaey
Qatar Islamic Bank, Bassel Gamal
Qatar National Bank, Ali Ahmed Al-Kuwari
Qatar National Cement Co, Salem Butti Al-Naimi
Qatari Investors Group, Abdullah Nasser Al-Misnad
RAK Properties, Mohammed Sultan Al Qadi
Red Sea International Co, Donnie Brown Sumner
Renaissance Services, Stephen R Thomas
Sahara Petrochemical Co, Saleh M Bahamdan
Saudi Basic Industries Corporation, Yousef Abdullah Al-Benyan
Saudi British Bank, David Robert Dew
Saudi Cement Co, Mohammed Ali Al-Garni
Saudi Electricity Co, Ziyad Bin Mohammed Al-Shiha
Saudi Ground Services Co, Qaid Bin Khalaf Al-Otaibi
Saudi Indian Company for Cooperative Insurance, Abdulrahman Abdullah Al-Sahli
Saudi Kayan Petrochemical Co, Nasser Abdulaziz Abanmi
Sharjah Islamic Bank, Mohammed Ahmed Abdullah
Takaful Emarat Insurance, Wael A A Al Sharif
Tawuniya, Raeed Abdullah Altamimi
Tijara and Realestate Investment Company, Tareq Fareed Abdulrahman Al-Othman
Union Properties, Ahmad Khalaf Al Marri
United Development Co, Eng. Ibrahim Jassim Al Othman
Walaa Cooperative Insurance Company, Johnson Varughese
Warba Bank, Shaheen Hamad Al-Ghanim
Widam Food Co, Abdul Rahman Mohammed Mubark Al Khayarain


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