Media Release

Dubai, Oct 27: Nazeer Hussain, director of finance and budget of the UAE-based international business conglomerate Thumbay Group was named the 'revolutionary CFO of the year' at the 9th annual MENA CFO Awards recognizing top business leaders in the Middle East.

Nazeer Hussain was presented the prestigious award at a ceremony held at Sofitel, The Palm, Dubai on October 26. The CFO Strategies Forum, which hosted the awards commended Hussain for demonstrating innovation by expanding beyond accounting and control to a more active role developing strategies, articulating them internally and externally to win the support of all key stakeholders.

"I am deeply honored to be named the revolutionary CFO of the year. I am highly indebted to Thumbay Group for inculcating in each one of us the firm commitment to innovation and excellence, which has made this award possible,” said an elated Hussain after receiving the award.

Congratulating Hussain on the award, Thumbay Group founder president Thumbay Moideen said that this was a moment of pride for the group. “Thumbay Group congratulates Nazeer Hussain on this accomplishment and we feel honored by this recognition as we continue to grow our business in the region,” he said.

The CFO Strategies Forum is an annual event which brings together over 100 CFOs from across the Middle East and North Africa. The 9th edition this year was attended by an audience of CEOs, CFOs and other financial leaders from across the Middle East, including renowned multinational giants such as Pepsi, DP World, P&G, Pagero etc.

The awards recognize the important contributions of CFOs in delivering results and achieving success for their organizations. Hussain was selected for the award by an independent panel of judges comprised of senior Middle East financial and business executives, after assessing several nominees on multiple criteria such as business impact, innovation, transformation, leadership abilities, management and strategy.

About Thumbay Group
Thumbay Group is an international business conglomerate headquartered in the UAE. The group has successfully diversified into 13 different sectors in a span of just 17 years. The group today employs more than 3000 people, which will rise to 6000 with the completion of ongoing projects. Gulf Medical University, the leading private medical university in the region owned and operated by Thumbay Group has a student cohort of over 73 nationalities and faculty and staff from over 22 countries. The Thumbay chain of hospitals, the constituent teaching hospitals of the Gulf Medical University, is one of the largest healthcare services providers in the UAE, serving over 2500 patients daily, from more than 175 countries. Apart from being an acknowledged leader in the health sector, Thumbay Group operates a reputed pharmacy chain, diagnostic centres, multi-brand retail outlets, world-class wellness centres, a prestigious chain of coffee shops, restaurants, popular health and lifestyle publication etc.