Celebrating the hard work and dedication of the teams, Ali Bin Ali Holding’s Finance Department organized the Group CFO Internal Control Excellence Award quarter one on June 21, 2022 at The Concorde Hotel. Participating in the competition were the entities under General Manager – Finance, Mr. Adnan Suleiman.

Galeries Lafayette, ABA Fashion, DID, PDTC, ABATS, ABA Contracting, Golden Lands and Albina Snacks were the companies in the running for the big recognition. An ‘Internal Control Checklist’ was established for the purpose of evaluation to determine the winning team. The teams were reviewed and awarded points against each criterion.

Present at the award ceremony was Group CFO Mr. Iftekhar Ahmad, GM-Finance Mr. Adnan Suleiman, Group General Manager – Finance Mr. Ganesh P.K., General Manager – FSS Mr. Shakil Maruf, Financial Controllers Mr. Mathew N. Thomas and John Cyriac, Group Treasury Manager Mr. M.F. Ismail, Audit Manager Mr. Kamal Uddin Gazi Jishan, General Manager of ABATS Mr. Rami Majed Ammari, General Manager of Galeries Lafayette & ABA Fashion Mr. Kevin Gerard Pender, Acting General Manager of ABA Contracting Mrs. Riham Monawar and General Manager of DID & PDTC Mr. Mohammad Imran and their respective Finance Teams.

Mr. Adnan welcomed everyone and gave a short introduction about the Group CFO Internal Control Excellence Award. He cited “Internal Control is a process geared to achieve business objectives such as financial, operational, compliance objectives and these are effected by people at all levels – C Suite, Senior Management, Management, Finance, Operations, Supply Chain, and more”.

The award ceremony was preceded by a presentation by Mr. Kamal explaining the procedure of evaluation using efficiency index and selecting the winner of the award. Finally, the leaderboard was announced. ABATS, DID, and ABA Contracting were the top three Finalists, and the grand winner of the Group CFO Internal Control Excellence Award 2022 Quarter One was ABATS.

The champions trophy was received by the General Manger of ABATS Mr. Rami and the team members of ABATS and Finance Shared Services– Mohamed Elshehawi, Shaleh Md. Mridha, Dian Marhali, Samuel Brian Mwangi Wanjiru, Mahamed Wari, Muhammad Tahir, Kazi Hasnat and Mamoud Fawzi Al Habet – were awarded with certificates and a token of appreciation.

Congratulating the ABATS team, Mr. Iftekhar said: “We are glad to have re-started the Finance recognition programs after we had to pause due to the Blockade and COVID-19 pandemic. We plan to expand this for the entire Group soon. I want to thank Adnan for the initiative and thanks to all for their dedication towards their work and towards ABA Holding.”