Honouring success across generations in the GCC
Deadline: 31 May 2022
The Family Business Awards is brought to you by the Family Business Council Gulf (FBCG) to honor the success of family businesses in the GCC across generations.
Anyone is welcome to nominate or self-nominate for the categories.
The nominees must meet the following criteria:
For their generational success, innovation, and community impact
For long-standing tenure and vital contributions to the family business
Al Futtaim Group
Abdul Latif Jameel
For launching a venture, driving innovation or enabling diversification in the family business
This is peer-recognition award and not open to public nominations. The winner will be selected by the FBCG Board.
Zamil Group Holding
Al Futtaim Group
The evaluation process will take place over multiple stages, each involving rigorous evaluation
Our esteemed panel of jury members are renowned for their exceptional knowledge and vision on family businesses.
The winners of the SME Family Business and Non-Family Executive Employee will be determined by our Jury and the winners of the NxG and Succession categories by the FBCG Board.
Dear families and friends,
While we continue to navigate the unprecedented changes, there are many lessons that we can draw on passed down from generation to generation among family businesses. Family firms face the defining moments of change at each generation. And at each transition, a web of issues can arise with far reaching implications for both the family and the business. Yet some, miraculously, survive and even thrive, passing the family torch with the flame still blazing. They do this because they build strong foundations, they have difficult conversations, they plan and prepare for the inevitable, and painful, event – the passing of their leaders. The end of one chapter, the beginning of another. Each generation renews itself, taking some parts of the past, and replacing others that may not serve their mission and values.
So, who are these superstars among us that stand the test of time? How have they done it across generations? What can we learn from them? This is the quest of our Award program, and I am delighted to Chair our inaugural Family Business Awards in the GCC. These awards not only recognize the importance of family business to the GCC, but they also put the spotlight on family groups, their families and teams who are winning against the odds of the generational challenges – whether it is through rigorous planning and foresight, sheer unshakeable family unity or ingenious innovation and creativity.
Along with our Jury, I look forward to learning about their stories and celebrating the best of the best in our region.
Chair, FBCG Family Business Awards
Chairperson, Bahwan CyberTek Group
Al Muhaidib Group
CEO, FBN International
General Counsel, Al Futtaim Group
Director of HR, Al Yousuf Group
Next Generation Award 2021 Winner
Senior Lecturer, SDA Bocconi School of Management
Chair of Family-Owned Business, IESE
Communications & PR Manager, Alfardan Group
Dear families and friends,
The generations before us gave us a strong foundation, with roots to keep us grounded in the legacy we seek to preserve. The mission of the awards is to recognize those committed to our continuity.
If we think of our community of family enterprises as an oasis of trees, individually we stand strong, but together united we form an ecosystem that can stand the test of time.
The trunk of each tree is the core of our family businesses, many of which are SMEs. These family firms are the beating heart of our communities and we wish to award one who has weathered storms and remained standing firm.
Our next generation are the tree branches, constantly reaching out for the sky, pushing boundaries, and expanding into new opportunities. We include two NexGen categories in this year’s awards – venture and innovation – to recognize the essential role the next generation play in our growth.
Just as no tree can survive without its leaves, no family can thrive without their employees. The loyalty and commitment of employees helps our resilience and continuity too. In our final category, we wish to acknowledge long-standing non-family executive who stood by our side.
As Chairman of FBCG, I am delighted to launch our award program and welcome your participation to celebrate the successes “by families, for families, together across generations”.
Omar K. Alghanim
Vice-Chairman and CEO, Al Futtaim Group
Emeritus Chairman, FBCG
Chairman, Mashreq Bank
Vice Chairman & Group CEO, Zain Group
Deputy President and Vice-Chairman, Abdul Latif Jameel Company LTD
Founder & Chairperson,
Bahwan CyberTek Group
Chairman, AlNowais Investments L.L.C.
Board Member, Alrajhi Group Holding
Al Muhaidib Group
Chairman, Al Zayani Investments B.S.C.
President & CEO, Alfardan Group Holding
Head of Family Council, SEDCO Holding Group
Vice Chairman, Agility Public Warehousing Company K. S. C. P
The evaluation process will take place in multiple stages as follows:
Yes, you can submit multiple nominations. You can nominate the same person for different categories (if applicable); or nominate multiple people for the same category.
No. Unfortunately, you will not be allowed access to your entry once it has been submitted.
All nominations are qualified against the minimum entry criteria. FBCG retains the right to remove or refuse an entry.
In early September 2022. All successful finalists will also be notified via email.
The presentation dinner and ceremony will take place on October 2022. Winners are invited to attend and will be contacted in October 2021.
Winners will receive exclusive access to select FBCG events, activities, and education programs for one year. The winners of each category are also invited to receive their award at the FBCG Awards Ceremony and to attend FBCG’s member-only Annual Summit and gala dinner.
By entering the nomination process, this is an opportunity to benchmark against peers. The awards are a perfect platform to take stock, benchmark and gain higher awareness strengths and areas of improvement validated by a panel of credible and knowledgeable family business academics and leaders.
Full terms and conditions can be found here.
Sara Boomsma at +971 50 903 5421 or firstname.lastname@example.org