NBAD named best asset management house

The National Bank of Abu Dhabi (NBAD), has been named the Best Asset Management House in the Middle East by International Takaful Awards for the second year running. "Winning this award for a second year in a row and adding this accolade to the list of other awards that NBAD's Asset Management Group has won confirms that we continue to deliver innovative products that meet the highest expectations of investors and contribute to the development of the asset management industry in the country," said Alan Durrant, the Group Chief Investment Officer of NBAD and General Manager of Asset Management Group. International Takaful, which awarded the accolade based on financial achievement and client survey, recognized NBAD's Asset Management Group for its superior performance and its commitment to innovate and offer Shari'a-compliant products. NBAD won the same award last year. Ahmed Ismail Hassan NBAD's Regional Manager in Egypt, received the award on behalf of NBAD Asset Management Group.