Mulla Group Treasury Management Wins Prestigious International Awards

Al Mulla Group is proud to announce that its Treasury Management team has won three prestigious international awards, an achievement that reflects the Group’s ongoing commitment to excellence in treasury management, digital transformation, and financial innovation. These honors were bestowed by three leading global institutions, recognizing the team’s success in developing treasury operations through strategic leadership, technology-driven innovation, and the delivery of advanced financial solutions in line with the highest global standards.

Earlier this year, the Al Mulla Group’s Treasury Management team was honored at the Association of Corporate Treasurers (ACT) Middle East Awards ceremony, where it received the title of “Treasury Team of the Year,” along with a Special Recognition award in the Treasury Systems Implementation category. These awards are presented to organizations that demonstrate excellence in leading treasury operations and implementing initiatives that enhance operational efficiency, governance, and financial performance.

Building on this success, Al Mulla Group received a Special Recognition award at the 2026 Adam Smith Awards in the category of “Best-in-Class Treasury Solution for Europe, Middle East, and Africa (EMEA).” These awards are among the most prominent global accolades in treasury management, honoring organizations that set new benchmarks in innovation and achieve best-in-class performance levels. This recognition highlights Al Mulla Group’s successful implementation of a transformative shift in treasury management, making it the first Kuwaiti company to be honored in this category across the EMEA region, and the sole Kuwaiti entity to receive an award in this category for 2026.

Additionally, Al Mulla Group was announced as the winner of the Global Award for “Best Corporate Treasury Transformation” at the Global Finance Treasury and Cash Management Awards, with the award to be officially presented in September 2026. This award recognizes organizations that have successfully developed their treasury operations by leveraging innovation, strengthening digital capabilities, and achieving operational excellence, thereby creating tangible and sustainable value for their businesses. Winners are selected through a rigorous evaluation process involving a panel of leading industry experts, corporate executives, independent analysts, and researchers, ensuring that only organizations demonstrating advanced performance and innovation in treasury management are honored.

Commenting on this achievement, Rohit Bassin, Chief Financial Officer of Al Mulla Group, said: “These international recognitions underscore Al Mulla Group’s commitment to excellence, disciplined financial management, and continuous improvement. They reflect the exceptional capabilities of our Treasury Management team and our strategic investment in digital transformation and advanced treasury solutions that create sustainable value for our business and all stakeholders. I extend my heartfelt congratulations to our treasury team and everyone who contributed to this remarkable achievement.”

On his part, Rajendra Prasad Nidamarty, Assistant General Manager of Treasury at the Group, said: “I am delighted to receive these global accolades from ACT, Adam Smith, and Global Finance, which reflect Al Mulla Group’s merit-based culture and the strong support from our CEO and CFO.” He added, “This achievement is the result of the efforts of every individual in the Al Mulla Group team, made possible through our distinguished partnerships with FIS, LSEG, SWIFT, and our modern Kuwaiti banking network.”

Collectively, these achievements highlight the success of Al Mulla Group’s treasury transformation journey and the expertise of its treasury team in building a sophisticated, flexible, and technology-driven system to support the Group’s long-term strategic objectives. These awards affirm Al Mulla Group’s position as a regional leader in corporate treasury, reflecting its ongoing commitment to adopting global best practices in performance quality, fostering innovation, and delivering sustainable value across the Group and its diverse business units.