ICAEW Middle East Accountancy & Finance Excellence Awards names 2013 winners.

The winners of ICAEW Middle East Accountancy & Finance Excellence Awards.

The winners of ICAEW Middle East Accountancy & Finance Excellence Awards.

The region’s best talent in accountancy and finance were celebrated last night at the third annual Middle East Accountancy & Finance Excellence Awards. The ceremony was held at the Ritz Carlton in Abu Dhabi under the patronage of H.E. Sheikh Nahyan bin Mubarak al Nahyan, Minister of Culture, Youth and Community Development for UAE.

Organised by ICAEW (the Institute of Chartered Accountants in England & Wales) and sponsored by the National Bank of Abu Dhabi (NBAD) and PIC Group, the awards recognise the best and brightest in accountancy, finance and business.

Commenting on the awards, Peter Beynon, ICAEW Regional Director Middle East, said, “A strong accountancy and finance profession is the backbone of sustainable economic growth. Recognising the region’s best talent – the finance professionals who are daily delivering confidence in business – is important, because their hard work and dedication can often be overlooked. The fact that they are demonstrating the highest professional and ethical standards is what underpins economic growth and we are delighted to give them the credit they deserve.

“This year’s awards programme grew significantly in terms of the level of participation and the quality of submissions. The exemplary performance of the 2013 winners offers a demonstration of the very best practices that the whole profession can emulate.”

Industry professionals from across the Middle East attended last night’s gala event, which included keynote addresses from Michael Izza, Chief Executive of ICAEW and Clive Anderson, British radio and television presenter and comedy author. Winners were selected by a judging panel comprising 11 of the region’s most respected industry professionals, among them Dr Abdul Karim Al Zarouni, Senior Vice President Deputy General Finance – Group Finance of NBAD and Mark Beer OBE, Registrar at DIFC Courts and former CEO & Chairman of the British Business Group for Dubai & Northern Emirates.

Accolades were awarded in 12 categories, including new categories for Excellence in the Development of the Country’s Future Business Leaders, Internal Audit Excellence, and Accounting for Sustainability.

H.E. Riyad Abdul Rahman Al Mubarak, Chairman of AAA, scooped the 'Outstanding Contribution to the Accountancy Profession' award.

H.E. Riyad Abdul Rahman Al Mubarak, Chairman of AAA, scooped the ‘Outstanding Contribution to the Accountancy Profession’ award.

Among the winners of the 2013 awards were: H.E. Riyad Abdul Rahman Al Mubarak, Chairman of Abu Dhabi Accountability Authority for his Outstanding Contribution to the Accountancy Profession; James Rigney from Etihad Airways for CFO of the Year; and Amanda Line, from PwC Academy Middle East for ICAEW Chartered Accountant of the Year. Abdullatif Al Mahmood from Ernst & Young Bahrain was recognised as Young Accountant of the Year.

The new award categories, which ICAEW says demonstrate commitment to the development of local finance and accountancy infrastructure, went to TAQA for Excellence in the Development of the Country’s Future Leaders; Etihad Mobily for Internal Audit Excellence; and GASCO for Accounting for Sustainability.

Dr Abdul Karim Al Zarouni, Senior Vice President and Deputy General Manager-Group Finance of NBAD, Platinum sponsor, said, “With the shift in global trade patterns highlighting the importance of the Middle East as a finance and logistics hub, demand for accounting and finance services will continue to grow. We congratulate all the 2013 winners and would like to thank you for your contribution to advancing the regional economies.”

Steve Rigby, Divisional Manager of PIC-Group Western Asia & India, Gold sponsor, added, “The Middle East Accountancy & Finance Excellence Awards offers a fantastic platform through which regional progress within the profession can be showcased to business and government leaders, locally and internationally. We would like to thank ICAEW for this initiative as it helps reinforce the attractiveness of Middle East markets for foreign direct investments.”

The Middle East Accountancy & Finance Excellence Awards are organised by ICAEW – a world leader in the accountancy and finance profession with over 140,000 members across the globe. The awards were launched in 2011 to celebrate the very best in the accountancy and finance profession in the Middle East and have become a key date in the annual calendar of regional business leaders.

Middle East Accountancy & Finance Excellence Awards 2013 Winners:

Outstanding Contribution to the Accountancy Profession by an Individual

H.E. Riyad Abdulrahman Al Mubarak, Chairman, Abu Dhabi Accountability Authority (UAE)

 CFO of the Year

James Rigney, CFO, Etihad Airways (UAE)

ICAEW Chartered Accountant of the Year

Amanda Line, Partner, PwC Academy Middle East (UAE)

Young Accountant of the Year

Abdullatif Al Mahmood, Assistant Manager, Ernst & Young (Bahrain)

Business Finance Team of the Year

Ooredoo (Qatar)

Corporate Finance Deal of the Year

Emirates Global Aluminium and PwC (UAE)

Excellence in Financial Reporting

DP World (UAE)

Internal Audit Excellence Award

Etihad Mobily (KSA)

Excellence in the Training & Development of Finance Professionals

Yusuf Hassan, Partner – Technical Department of Professional Practice, KPMG (UAE)

Excellence in Development of the Country’s Future Business Leaders

TAQA (UAE)

Accounting for Sustainability

GASCO (UAE)

Financial Journalist of the Year

Joyce Njeri, Editor, Accountant Middle East (UAE)