Al Masraf and Moody’s Sign Strategic Agreement to Strengthen Risk Intelligence and Credit Capabilities
Al Masraf, Moody’s Collaborate for Enhanced Risk Management
Al Masraf has entered into a strategic agreement with Moody’s, a global leader in financial intelligence and risk assessment. This partnership aims to bolster the Bank’s risk management and credit analysis capabilities through advanced data, insights, and technology.
The agreement was signed during a ceremony in Abu Dhabi, marking a significant step forward in both organisations’ commitment to data-driven decision-making in an evolving financial sector.
Collaboration for Complex Financial Environments
With risks becoming increasingly interconnected and the financial landscape constantly shifting, access to timely, reliable intelligence is crucial for institutions. Moody’s, with its expertise and technology, assists organisations in understanding these intricate risks.
The partnership will enable Al Masraf to strengthen its risk management framework, enhance credit decision-making processes, and build resilient capabilities for sustainable growth.
Quote from Fuad Mohamed, CEO of Al Masraf
"At Al Masraf, we recognise that sustainable growth relies on our ability to grasp risk, anticipate change, and make informed choices," said Fuad Mohamed. "Our collaboration with Moody’s is a significant advance in our risk and credit capabilities, providing deeper insights, data, and technology."
He continued, "As the financial world evolves, partnerships like these empower us to enhance our resilience, sharpen decision-making, and deliver greater value for our clients and stakeholders."
Moody’s Contribution to Al Masraf’s Future-Ready Model
Wael Jadallah, Managing Director at Moody’s, expressed delight at the partnership. "We are thrilled to collaborate with Al Masraf in modernising its corporate lending operations. By introducing automation, efficiency, and advanced insights, Moody’s is supporting the Bank in developing a future-ready operating model for faster, more informed lending decisions, improved governance, and enhanced risk management."
Key Participants
The ceremony was attended by senior representatives from both Al Masraf and Moody’s, including:
- Fuad Mohamed, Chief Executive Officer of Al Masraf
- Moataz Khalil, Chief Wholesale Banking Officer
- Safeya Almarzooqi, Chief Credit Officer
- Mirel Baila, Acting Chief Operating Officer
- Rohit Kumar, Chief Risk Officer
- Other high-level executives from Al Masraf’s Wholesale Banking and Credit departments
