Doha Bank has won the 'Triumph Award' at the BIZZ AMEA awards. Chief executive officer, Dr R Seetharaman, received the award during the event, which was presented by Nancy Branger, director of Human Development, World COB.
The award acknowledges Doha Bank’s triumph in the areas of technology and sustainable development. Doha Bank has incorporated technology as an innovation driver to provide state-of-the-art products and services to its customers and has leveraged technology to bring increased efficiency and effectiveness to its service delivery.
Doha Bank has been a pioneer and is renowned as a prime mover of banking technology, and has provided its customers with several innovative products and “firsts” in the country, such as digital wallets, 24x7 online trading global markets platform, real-time remittances for its international partner banks, and online portals for retail and corporate customers.
Doha Bank’s technology-centric five-year strategic plan includes initiatives around further increasing digitisation, innovation, security, sustainability, and customer orientation across all business segments.
Seetharaman said, “Doha Bank will continue to work on sustainable development of its stakeholders. Green banking and climate change financing are the key initiatives to promote green economies. Doha Bank advocates and practices green banking, which is one of the core business philosophies that will support sustainability into the future.
“Banks should align lending activities with environmental causes. They should develop environmental and social risk management and expand the scope of risk management to include social and environmental risk.”
He added: “Doha Bank is a pioneer in Qatar for annual sustainability disclosures. The bank was the first listed company on the Qatar Stock Exchange to be included in the FTSE4Good Index and the bank also received an MSCI ESG Rating of BB.
Doha Bank further supports the 10 Principles of the United Nations Global Compact on Human Rights, Labour, Environment, and Anti-corruption. Sustainability is our approach to business and to all stakeholders and will be a journey that will lead to growth at Doha Bank.”