Qatar Stock Exchange Announces Winners of 2nd Annual IR
Excellence Program Awards
February 07,
2017
Qatar Stock Exchange announced the
winners of the 2016 IR Excellence Program at
the 2nd Annual IR Excellence Program Awards
ceremony held in the Four Seasons Hotel on
February 6th, 2017.
Developed and executed by Iridium, the
Investor Relations (IR) Program surveyed the
expert opinion of the domestic and
international investment community. The
program also featured a detailed ranking of
corporate investor relations websites. The
winners were announced as follows:
Best Qatari company overall:
Ooredoo
Best large cap company:
Qatar National Bank (QNB)
Best mid cap company:
Commercial Bank of Qatar (CBQ)
Best small cap
company: Salam International
Best Chief Financial Officer: Mr.
Ramzi Mari of Qatar National Bank (QNB)
Best Investor Relations Officer: Mr.
Mohammed Al Namla of Qatar National Bank
(QNB)
Best investor relations website:
(1) Ooredoo,
(2) Al Khaliji Bank
(3) Mannai Corp
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 second 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 want to see our listed
companies committed to improving the flow of
information in the market, because they are
the corporate ambassadors for Qatar.
These efforts are aligned to the Qatar
National Vision 2030 and diversification
plans of the national economy. This
recognition is one of the most significant
programs in the region rewarding listed
corporates for their IR excellence," Mr. Al
Mansoori added.
Oliver Schutzmann, CEO of Iridium Investor
Relations said: “The QSE’s IR Excellence
Program is a testament to the Exchange’s
commitment towards achieving quality
investor relations to improve market
accessibility and support the development of
successful capital markets. We would like to
congratulate the Qatar Stock Exchange on
their commitment to this initiative and the
winners for raising the bar.”
Abdul Aziz Al Emadi, Director, Listing
Department of QSE, said: “Qatar Stock
Exchange has been actively promoting IR for
a number of years but there has never been
as much attention paid to the prospects of
our listed companies since receiving
emerging markets status and as we aspire to
achieve developed market status.”
“We witnessed a good number of companies
that upgraded their IR as a direct result of
the Excellence Program. 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 gave
them several months advance notice to
improve their investor relations efforts.
The IR Excellence Program is not available
for sponsorship to avoid any conflicts of
interest.
In 2016, the IR Excellence Program featured
a new mobile digital tool for website
rankings. The tool enables companies to see
their 2015 website ranking broken down into
technology, content and service, and the
areas of improvement of their 2016 score.
The 2016 Program was launched in September,
the evaluation began in October and was
concluded in December 2016.