Karachi, November, 23, 2017: Meezan Bank, Pakistan’s first and largest Islamic Bank has been recognized as ‘PMO of the Year’ in the PMI KPC Professional Awards 2017, held by the Project Management Institute Karachi Pakistan Chapter. Meezan Bank has been recognized under the category of Project Management Awards for Corporate Excellence – PACE, honouring organizations providing the best project management office services.
The award was presented by Prof. Dr. Atta-ur-Rahman, Chairman of UN committee on Science, Technology and Innovation. Mr. Uzair Syed – Head of Project Management Office, Meezan Bank received this award on behalf of the Bank along with his team members including Ms. Umme Tameem Qazi – PMO Manager, Mr. Mohsin Zamir – Project Manager and Mr. Raheel Rizvi – Project Manager.
The ‘PMO of the Year’ Award honours organizations that have demonstrated superior project management abilities by adding value through support of successful strategic initiatives. Meezan Bank has been recognized in appreciation of its projects and for demonstrating excellence and innovation in project management initiatives leading to measurable improvements in the organization’s business results.
Meezan Bank’s success is attributed to its recent focus on embracing project management as a strategic tool for adding value to its overall organizational portfolio. The Bank’s recognition as PMO of the Year further reinforces its focus on consistently improving its strategic as well as operational planning.
Project Management Institute (PMI) is a USA based not for profit organization with focus on project, program and portfolio management. Moreover, it pursues to mature the field by establishing standards, providing certifications, resources, tools, academic research, publications, professional development courses and networking opportunities.
PMI Karachi Pakistan Chapter (PMI KPC) promotes project management professionalism by sharing and learning knowledge experiences. It is driven to elevate strong project management practices in the region by following the practices & procedures of its parent organization.
Meezan Bank is the 8th largest bank in Pakistan and the leading Islamic bank of the country. The Bank provides a comprehensive range of Islamic banking products and services through a retail banking network of more than 570 branches supported by a countrywide network of over 570 ATMs, Visa & MasterCard Debit cards, a 24/7 Call Center, Internet Banking and Mobile Banking facility.
Meezan Bank has consistently been recognized as the Best Islamic Bank in Pakistan by numerous local and international institutions, which is a testimony of the Bank’s commitment to excellence. These institutions include Islamic Finance News – Malaysia, Global Finance magazine – New York, Asset AAA – Hong Kong, Asiamoney – Hong Kong, The Banker – United Kingdom, South Asian Federation of Accountants, Islamic Finance Forum of South Asian Awards, Pakistan Banking Awards – Dawn & IBP Pakistan, Employers Federation of Pakistan and CFA Association – Pakistan.
The JCR-VIS Credit Rating Company Limited, an affiliate of Japan Credit Rating Agency, Japan has reaffirmed the Bank’s long-term entity rating of AA (Double A) and short-term rating at A1+ (A One Plus) with stable outlook. The rating indicates sound performance indicators of the Bank. Meezan Bank is the only Islamic bank with AA credit rating in the Islamic banking industry in Pakistan.
Author: Muneel Ali
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