MEA August 2017

12 MEA MARKETS / August 2017 , Ajman Bank is a young, agile Islamic commercial bank built on the values of integrity, trust and transparency. At the helm, is Chief Executive Officer, Mohamed Abdul Rahman Amiri, who joined the bank in 2010 and has over 20 years of working in the industry. Following his success in achieving the CEO of the Year accolade, we interviewed him to find out more about the bank and the key values they stand for. A Fresh, Warm and Welcoming Bank Chief Executive Officer, Mohamed Abdul Rahman Amiri joined Ajman Bank in Oct 2010 and has over 20 years’ experience of working with the likes of HSBC, Dubai Islamic Bank and Dubai Bank. His experience includes several key positions, including the Deputy CEO of Ajman Bank. He holds a Bachelor’s Degree in Management Information Systems and a is a graduate from the first batch of the Mohmmad Bin Rashed Program for Leadership Development (MBRPLD). Ajman Bank is known as a young, agile Islamic commercial bank, built on the values of integrity, trust and transparency. As the first Islamic bank incorporated in the Emirate of Ajman, the bank was established in 2007. Its shares were listed on the Dubai Financial Market in February 2008 and they officially opened and started their operations in 2009, from two branches in Ajman. Today, the bank has branches and ATMs across the UAE. Mohamed Abdul Rahman Amiri is keen to reveal the bank’s strategy, the support it receives from the government and its support for corporate social responsibility. “With our strategy of targeting the rapidly expanding Shari’ah financial services market, Ajman Bank provides a wide range of value-driven banking services in the UAE for individuals, businesses and government clients, all in compliance with Shari’ah principles. Ajman Bank seeks out the market’s best products, people and technology to deliver what customers want, how they want it, this delivering real value and recreating that human touch which can often be lost in modern banking. “Headquartered in Ajman, the bank is strongly supported by the Emirate’s Government, which owns 25%. Ajman Bank is a keystone in Ajman’s economic development strategy and is therefore able to benefit from the Emirate’s growth and potential like no other. Ajman Bank is committed to becoming a sustainable organisation in the truest sense, balancing care for the community and employees, with the business of always delivering value to its shareholders and customers. “It is a source of pride for the bank to nurture, support and develop the careers of the UAE nationals. As at the end of 2014, Emiratisation across the bank stood at 31%. For the second year in a row, 2014 saw Ajman Bank sponsoring Ramadan Aman as part of its commitment to corporate social responsibility, with members of its staff participating in the distribution of meals.” Mohamed then highlights the bank’s firm brand and the key values they stand for. “In terms of the bank’s brand, we deliver our services with knowledge, honesty, and passion. Our way of measuring excellence is based on how efficiently you think we respond to your financial needs. We have brought the human touch back to banking, by listening to you and being close to you. Our vision it to be one of the favourite financial services brands in the UAE and the entire region. “Our brand is not merely a name and a logo; it is a promise to our clients about who we are as a company and what we stand for as an organisation. Each experience with our clients is an opportunity to express our brand personality; this is defined by our brand values. “We do have one key value that over-arches all others - excellence. We believe in and demonstrate outstanding service and we are committed to being the best. One key value is knowledge. We have the knowledge, as well as skills and 1702ME07 experience, to deliver information or to respond to your questions in a quick and reliable manner. Another is friendliness. We are friendly and approachable people who have the time to listen to you. Our attitude is a true expression of a modern society: fresh, warm and welcoming. “In terms of clarity, we explain our products and services simply, clearly and accurately to help you make the right decision. On fairness, we firmly believe in an honest, fair, and equal partnership – irrespective of ethnic, social, and religious backgrounds. When it comes to creativity, we strive to develop new ideas, modern systems and innovative products and services. We believe in continuous development and improvement.” Fatwa and Sharia Supervisory Board (FSSB) Mohamed draws out attention to the FSSB, responsible for ensuring that Ajman Bank’s activities follow Sharia laws. The FSSB meets at least four times a year, or as frequently as required. “The FSSB is entrusted with the duty of providing advice and reviewing all forms of contracts and agreements relating to the company’s transactions, to ensure that the bank’s activities are always consistent