Steve Troop, CEO, Barwa Bank – Qatar’s fastest growing Shari’ah compliant banking service provider – has been named “Banking CEO of the Year” at the MENA 2013 Awards held by The European magazine.
He said, “I am honoured and flattered to be acknowledged with this award though I emphasise that we are a team at Barwa Bank and I accept it on behalf of all our dedicated and hard-working group employees. At the same time, my thanks go to our customers and shareholders for their loyalty and support in helping us build an innovative and customer focused Shari’ah compliant bank that aims to lead the way in this growing sector.”
Commencing operations in 2010, Barwa Bank now has six branches in Qatar and three fully-integrated subsidiaries – First Investor, First Finance and First Leasing – and is said to have demonstrated an ability to compete with other far-longer established banks through providing its clients with high quality products and services tailored to specific customer groups.
The bank itself has been named 2013 “Islamic Bank of the Year” by Acquisition International magazine, and Troop commented that he felt this “was a reflection of our commitment to growth and to building an innovative and customer-focused Shari’ah compliant bank that can lead the way in this growing sector”.
In accepting the award, he added, “This demonstrates that with hard work, ambition and good service a young bank can become a leader in a short period of time.”