Commercial Bank’s chief financial officer Rehan Khan has been chosen as the winner of ‘Finance Monthly’ magazine’s CFO Award for 2020.

Every year, the Finance Monthly CFO Awards “celebrate the hard work, innovation and vision” of the most successful CFOs around the globe by recognising excellence and achievement in financial leadership.

Finance Monthly’s research team draws on the views of thousands of stakeholders including investors, analysts, executives, employees, and media professionals worldwide.

Khan joined Commercial Bank as chief financial officer in 2013 and is also a director of Commercial Bank subsidiaries Orient 1, CBQ Finance, CB Global and CB Financial Services.

Khan trained with KPMG in London, is a member of the Institute of Chartered Accountants in England and Wales and prior to Commercial Bank had 23 years of banking experience with HSBC.

He played a key role in Commercial Bank’s five-year strategic plan and its successful execution, stating that it is extremely satisfying to play a part in the strong turnaround of the bank. According to Khan, “Commercial Bank’s executive management is a strong collaborative team with very strong support and guidance from the Board and he believes this shows in many aspects including the bank’s financial results.”

Commenting on the win, Joseph Abraham, Group chief executive officer of Commercial Bank stated, “We are very pleased with Rehan’s contribution at Commercial Bank and his deserved recognition at the CFO Awards 2020. Rehan has brought a degree of clear strategic intent backed by financial acumen and is widely recognised and trusted by the investor and analyst community. He is also a key member of our strong executive management team and has excelled as a role model of Commercial Bank’s culture and values.”

Khan commented: “Receiving the CFO Award from such a prestigious magazine is an achievement that I take great pride in. But above all, I am proud of my incredible team and being a member of Commercial Bank’s family. This year, we have been faced with several challenges.

“However, thanks to our strategic plan and innovative approach, we have been able to overcome these challenges successfully by delivering the best financial and digital services to our valued customers.”

Commercial Bank said it would like to congratulate Rehan on this noteworthy accomplishment while looking forward to his continued success at the bank.