Forbes names QIIB CEO among ‘Middle East Sustainability Leaders for 2026’

Forbes has recognized QIIB CEO Dr Abdulbasit Ahmad al-Shaibei as one of the Middle East Sustainability Leaders for 2026. This designation comes in recognition of QIIB's expanding presence in sustainable finance and its leadership in advancing the bank's sustainable finance initiatives and strengthening its environmental, social, and governance (ESG) practices.

The announcement of this honor took place at the Abu Dhabi National Exhibition Centre (ADNEC) during the fourth edition of the 'Forbes Middle East Sustainability Leaders' Summit.

Dr al-Shaibei expressed his gratitude, stating that the recognition is a significant acknowledgment of QIIB's ongoing efforts to advance its sustainable finance practices and initiatives. He highlighted the alignment of QIIB's sustainability initiatives with the Third Financial Sector Strategy launched by Qatar Central Bank, which places significant emphasis on ESG principles.

The CEO further emphasized QIIB's commitment to expanding sustainable financing solutions and pursuing initiatives that deliver lasting economic, environmental, and social benefits.

Dr al-Shaibei also praised the bank's team for their collective efforts in advancing the bank's sustainability agenda, crediting their dedication and coordinated actions in developing responsible financing solutions and integrating sustainability into QIIB's strategy. He added that this recognition motivates the bank to further enhance its financing and investment products, expanding its contribution to initiatives that promote sustainable development and support Qatar National Vision 2030.

QIIB's approach to sustainable finance has been built on various initiatives and financial solutions over recent years. A significant milestone was the publication of QIIB's Sustainable Finance Framework in early 2024, which directs financing towards environmentally and socially beneficial projects. In January 2024, QIIB issued $500mn in sustainable sukuk, the first such transaction by a Qatari financial institution, with strong international investor interest and participation.

The bank has also expanded green financing offerings, including a financing product for electric and hybrid vehicles, and strengthened sustainability efforts through strategic partnerships, such as with the Gulf Organisation for Research & Development (GORD).