Treasury Department at Al-Mulla Group Wins Prestigious International Awards in Recognition of Excellence Across Various Categories

- Best Treasury Team Award of the Year

- From the Middle East Corporate Treasurers Association

- Best-in-Class Treasury Solution Award for Europe, Middle East, and Africa

- Adam Smith Awards 2026

- Best Corporate Treasury Transformation Award

- Global Finance Treasury and Cash Management Awards

- Rohit Bassin: International accolades confirm Al-Mulla Group’s commitment to excellence, disciplined financial management, and continuous development

- Rajendra Nidamarthi: The achievement was made possible through our distinguished partnerships with FIS, LSEG, SWIFT, and our banking network

Al-Mulla Group expressed its pride in its treasury management team receiving three prestigious international awards, an accomplishment that reflects the Group’s ongoing commitment to excellence in treasury management, digital transformation, and financial innovation.

The honors were bestowed by three leading global institutions, recognizing the team’s success in advancing treasury operations through strategic leadership, technology-driven innovation, and the delivery of advanced financial solutions meeting the highest international standards.

Earlier this year, the Group’s treasury management team was honored at the Middle East Corporate Treasurers Association Awards ceremony, where it was named Best Treasury Team of the Year and received a special recognition in the Treasury Systems Implementation category. These awards are presented to organizations that demonstrate excellence in leading treasury operations and executing initiatives that enhance operational efficiency, governance, and financial performance.

Building on this success, the Group received a special recognition at the 2026 Adam Smith Awards in the Best-in-Class Treasury Solution category for Europe, the Middle East, and Africa. These awards are among the most prominent global accolades in treasury management, honoring organizations that set new standards 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 Europe, the Middle East, and Africa, as well as 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 Finance Treasury and Cash Management Award for Best Corporate Treasury Transformation. The award will be officially presented in September 2026. The award recognizes organizations that have successfully advanced treasury operations through innovation, enhanced digital capabilities, and operational excellence, thereby creating tangible and sustainable business value.

Winners are selected through a rigorous evaluation process involving a panel of specialized experts, corporate executives, analysts, and independent researchers, ensuring that only organizations achieving advanced levels of performance and innovation in treasury management are honored.

Commenting on this achievement, Rohit Bassin, Chief Financial Officer of Al-Mulla Group, stated: “These international accolades reaffirm Al-Mulla Group’s commitment to excellence, disciplined financial management, and continuous development. 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 sincere congratulations to our treasury team and everyone who contributed to this remarkable achievement.”

For his part, Rajendra Prasad Nidamarthi, 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 the merit-based culture at Al Mulla Group and the strong support from the Group’s CEO and CFO. He added, “This achievement is the result of the efforts of every member of the Al Mulla Group team, and was made possible thanks to the distinguished partnerships with FIS, LSEG, SWIFT, and our modern Kuwaiti banking network.”

Collectively, these achievements highlight the success of Al Mulla Group’s treasury management transformation journey and underscore the treasury team’s expertise in building a sophisticated, technology-driven, and flexible 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 achieving world-class performance standards, fostering innovation, and delivering sustained value across the Group and its diverse business operations.