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Mashreq appoints Head of ESG and Corporate Strategy

By Delisha Fernandes

August 18, 2023

  • Asset
  • Banking
  • Financial Institutions

MashreqMashreq, a financial institutions in the MENA region, has announced the appointment of a senior Emirati, Faisal Mohammed Al Shimmari as Head of ESG & Corporate Strategy.

Ahmed Abdelaal, Group CEO of Mashreq, said, “We extend a warm welcome to Faisal as he joins the Mashreq senior leadership team. His wealth of experience, strategic thinking, and an in-depth knowledge of ESG best practices will be an invaluable asset as he leads the bank’s Corporate Strategy and supports regional efforts towards achieving net zero.”

Abdelaal added, “In this role Faisal will build on the great strides Mashreq has made in raising the bar on societal, governance and environmental objectives. His dedication to sustainability and innovation aligns seamlessly with our values and aspirations as a company. ”

In his new role, Faisal’s focus will be on helping Mashreq to meet and exceed the bank’s sustainability objectives and further align Mashreq’s ESG profile with the global climate action efforts. In addition, Faisal will focus on advancing outreach on ESG, developing strategic programs aligned with the bank’s overall strategic plan, while also fostering expertise within this function.

Faisal Mohammed Al Shimmari said, “I am excited to take on this important role in today’s landscape as Head of ESG and Corporate Strategy. The bank’s forward-looking vision and strategy aligns with the UAE’s efforts to transform and accelerate climate action. I look forward to working together with the team and our clients to better understand the challenges they face in meeting their climate commitments and developing new strategies to overcome them.”

Al Shimmari added, “Mashreq is an organisation that has proven its commitment to taking serious action when it comes to combatting the effects of climate change, and I am proud to be a part of the Mashreq sustainability journey.”

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