Saudi Awwal Bank Wins Corporate Innovation Award 2024 for “SAB Innovation Excellence Initiative”
In a remarkable achievement, Saudi Awwal Bank, a prominent financial institution in Saudi Arabia, has clinched the prestigious “Corporate Innovation Award 2024” from Qorus for the second consecutive year. The award was bestowed upon the bank for its groundbreaking “SAB Innovation Excellence Initiative” at the Qorus reinvention award ceremony held in Dubai on Tuesday, October 22, 2024.
Outshining more than 700 contenders, SAB stood out for its steadfast dedication to formulating and executing bank strategies in alignment with its vision. The “SAB Innovation Excellence Initiative” serves as a platform to recognize the bank’s trailblazing projects and the teams behind them. This accolade underscores SAB’s relentless pursuit of advancing the financial innovation landscape in accordance with Saudi Vision 2030, a strategic roadmap aimed at fostering a diverse and sustainable economy.
Expressing his elation, Saeed Assiri, the Chief Innovation Officer at SAB, affirmed, “Securing this award underscores our firm commitment to nurturing innovation, a pivotal element of our organizational strategy. It also underscores our investments in research and development, along with our embrace of cutting-edge technologies to propel financial innovation. We firmly believe that innovation is the linchpin of progress and triumph, and we remain steadfast in delivering more sophisticated and impactful financial solutions for our clientele.”
This accolade cements SAB’s standing as a frontrunner in the financial sector as it strives to realize its vision: “We bring a world of financial opportunities to an ambitious Kingdom.” With its avant-garde services, global presence, and profound market acumen, the bank continues to offer unparalleled banking experiences to its customers.
