The Middle East’s

4. Ahmed Abdelaal

Company: Mashreq
Designation: Group CEO
Established: 1967
Headquarters: U.A.E.

Mashreq’s flagship Climb2Change platform, launched in November 2023, unifies its ESG strategy across sustainable finance, responsible banking, and social impact. Its initiative to undertake the world’s largest mountain cleaning mission across 14 mountains has removed and recycled 4,646kg of waste. Mashreq launched Notice Nature with Emirates Nature-WWF to map wildlife and protect biodiversity. The bank also transitioned to 100% recycled plastic cards and introduced Nature Saver accounts. Mashreq’s sustainable finance credit policy aims to facilitate $30 billion in sustainable finance by 2030. Abdelaal joined Mashreq in 2017 and assumed his current role in 2019.