Dubai: The First Abu Dhabi Bank (FAB) has been named ‘Most Innovative Investment Bank from the Middle East’ for the third consecutive year, at The Banker’s prestigious 2018 Investment Banking Awards.
Andy Cairns, FAB’s senior managing director and head of Global Corporate Finance, received the award at a ceremony in London.
In their 12th year, the awards celebrate innovation and creativity in the investment banking sector over the last year. FAB was recognised for the balance of business across corporate finance, as it has progressed significantly in equity capital markets and advisory, complementing its leading regional position in syndicated finance and debt capital markets.
Cairns said: “We are honoured to again receive this prestigious award. It recognises FAB’s unwavering commitment to solve our clients’ needs through innovative solutions across advisory, equity, fixed income and loans which is the cornerstone of our corporate finance proposition.”
The Banker magazine said: “When it comes to corporate finance, FAB’s value proposition is to be regionally dominant, and through that to be internationally relevant. Its performance over the awards period suggests this strategy is bearing fruit. FAB’s highlight transactions show that not only is it a top choice for clients in the Middle East and North Africa (Mena), but also corporates and financial instructions further afield who want to tap into the region’s liquidity.”