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FAB Celebrates Winners of Future Business Leaders Competition
Abu Dhabi, 11 November 2022: First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, today announced the winners of its Future Business Leaders competition.
Launched in the UAE and Egypt, the competition aims to give students a voice on the role of business in the national and global sustainability agenda.
Six winners were announced at COP27 in Sharm El Sheikh, Egypt. Three winners were from the UAE and three were from Egypt. The winners from the UAE were Jahnavi Dhoshi, Fahad Mahmood and Judi Dairawan from the American University of Sharjah. The winners from Egypt were Hana El-Akhras, Sara Afifi and Youssef Abdelaaty from the American University in Cairo.
The competition is a key part of FAB’s ESG strategy, whereby the bank recognizes the important contributions that youth will make in the future. While the FAB acknowledges that many young people are aware of the importance of sustainability, the bank seeks to increase young people’s understanding of the financial aspects associated with sustainability.
In addition to this, FAB wants to raise awareness of sustainable development and encourage young people to come up with innovative solutions to build a more sustainable future.
Sharagiil Bashir Chief Sustainability Officer FAB Said: “Sustainability is no longer an option but a requirement for future leaders. It has become an important part of their education and it is vital that they understand its core components as this will help move the world forward. The future of the future. These students have done an excellent job by highlighting the global landscape and the challenges facing organisations – they come up with simple but effective ideas to accelerate sustainable development.”
Rose Armour, Director, Office of Sustainability, University of Sharjah, USAsaid: “Climate action is a core value of our institution and we strongly believe that students in all areas of study need to understand sustainability. Partnerships with institutions such as FAB allow students to combine their understanding of sustainability with that of reality. — life scenarios and ultimately equip them with the knowledge to translate this education into action.”
Maha Mourad, Professor of Marketing and Associate Dean for Undergraduate Research and Management, American University Business School, Cairosaid: “Education is at the heart of transformation. Our students are future leaders, entrepreneurs and innovators, and working with the business community from an early age enables them to see important topics such as responsible business and sustainability from a perspective. Pragmatic Perspectives. This knowledge and experience provides them with a solid foundation to develop into our change-makers who will have a real impact on their ecosystems and the world at large.”
As part of the competition, students underwent a two-pronged assessment process by submitting essays, and shortlisted students were then interviewed.
FAB aligns the UAE’s vision of promoting sustainable economic growth with the UAE’s Net Zero by 2050 initiative. In October 2021, FAB became the first UAE and GCC bank to join the Net Zero Bank Alliance (NZBA), cementing its position as a pacesetter for climate action in the financial sector. FAB will continue to play a leadership role through active engagement and partnership with clients, clients and the UAE government and regulators to enable them to achieve their climate goals faster.
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