Dubai, UAE – Noor Bank, a leading Shari’a compliant bank in the UAE, today announced that its Internal Audit function has received the “Generally Conforms” rating, which stands as the highest rating, following a quality assessment review by the UAE Internal Auditors Association (IAA).
Abdulqader Obaid Ali, Chairman of UAE IAA, presented John Iossifidis, CEO of Noor Bank, with a trophy at the bank’s Head Office in Emaar Square, which recognised the bank’s systematic and disciplined approach to improve the effectiveness of its risk management, control, and governance processes.
John Iossifidis, said: “This recognition from the IAA is important to us, given the emphasis we place on implementing a strong framework for…
