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Qatar Stock Exchange announced the winners of the 2018 IR Excellence Program at the 4th Annual IR Excellence Program Awards ceremony held in the Ritz Carlton Hotel on February 6th, 2019.
The Investor Relations (IR) Excellence Program surveyed the expert opinion of the domestic and international investment community. The program also featured a detailed ranking of corporate investor relations websites.
Given the importance role of CEOs in leading and driving IR process effectively in listed companies, a newcategory of awards was introduced to recognize the CEO’s showing excellence in investor relations. The winners were announced as follows:
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Best Qatari company overall: |
Oordeoo Group |
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Best large cap company: |
Qatar National Bank (QNB) |
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Best mid cap company: |
Vodafone |
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Best small cap company |
Al Meera |
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Best Chief Executive Officer: |
Sheikh Saud Bin Nasser Al Thani of OOREDOO |
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Best Chief Financial Officer: |
Mr. AjaiBahri of OOREDOO |
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Best Investor Relations Officer: |
Mr. Andreas Goldeau of OOREDOO |
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Best investor relations website: |
(1) QNB (2) Ooredoo (3) Qatar Islamic Bank QIB |
Mr. Rashid Bin Ali Al-Mansoori, CEO of Qatar Stock Exchange, expressed satisfaction of the advanced IR level achieved by Qatari listed companies and said: “For the fourth year running, we have rewarded companies and individuals that have demonstrated the highest investor relations standards in the country.”
“The IR Excellence Program reflects Qatar Stock Exchange desire to achieve best international practice among our listed companies for a transparent investment environment. We may all be justly proud of the recovery in our indices last year and the corporate performances that drove that recovery but the trading environment remains challenging and we must all continue to seek ways to improve," Mr. Al Mansoori added.
Mr. Al Mansoori expressed thanks to all who participated in ensuring the success of the program particularly the Diamond Sponsor QNB Financial Services and Silver Sponsors Qatar Securities and Al Sharq Law Firm.
Abdul Aziz Al Emadi, Director, Listing Department of QSE, said: “Qatar Stock Exchange has been actively promoting IR for a number of years, we want to see our listed companies committed to improving the flow of information in the market, because they are the corporate ambassadors for Qatar.”
“As a direct result of the Excellence Program, we have noticed that a number of companies have made a meaningful contribution to their IR efforts in 2018. We look forward to seeing a stronger engagement from the remaining companies, in order to further improve the IR standards across all Qatar listed companies,” Al- Emadi added.
The Excellence Program was launched in 2015. The Program is globally benchmarked against best practices to ensure a transparent methodology. The methodology and all ranking criteria were made public via the QSE’s website and other public channels. This enabled all listed companies to review categories and selection criteria and improve their investor relations practices accordingly.
