Raymond Audi Honoured in the Context of LMA's Golden Jubilee "Success Stories"

Beirut, 20 Apr 2010
Raymond Audi Honoured in the Context of LMA's Golden Jubilee

Raymond Audi Honoured in the Context of LMA's Golden Jubilee "Success Stories"

In the context of the “Success Stories” meetings organised on the occasion of the golden jubilee of the Lebanese Management Association (LMA), a gathering was held at Bank Audi Plaza on Wednesday, April 14, in honour of H.E. Mr. Raymond Audi, Chairman and General Manager of Bank Audi sal - Audi Saradar Group. Mr. Atef Jubayli, President of the Lebanese Management Association, seized the opportunity to highlight Mr. Audi’s successful career, the fruit of relentless efforts, unwavering ambition and solid resolve. He also emphasised the trust other countries put in Lebanon, underlining that trust had largely contributed to the fact that Bank Audi is now considered as an important training institution which is all about improving performance and developing skills.

Mrs. Mona Bawarshi, Meeting Coordinator, then conducted an in-depth interview with Mr. Audi, which was followed by a Q&A session with university students – who formed the majority of the audience at Bank Audi’s Auditorium and were eager to have more information on Mr. Audi’s career.

Mr. Jubayli then offered Mr. Audi an honorary plaque, for which the latter thanked him and the Association for the honour they had done him.

About the Lebanese Management Association
The Lebanese Management Association is a non-profit, non-political association bringing together representatives from all sectors of the business community in a relaxed and constructive atmosphere. LMA, which includes a large number of Lebanese enterprises and top executives in leading organisations, is active in the field of management training and development in Lebanon. Its basic objectives are to equip managers with the necessary knowledge and skills they need to draw upon, to emphasise new trends in the field of management techniques and practice, to promote modern management principles, and to identify management practices which release the creative potential in individuals. LMA organises intensive management and development programs, conferences and meetings to this end.
Additional information is available on www.lma-online.org

About Bank Audi sal - Audi Saradar Group
Bank Audi is a regional bank. Present in 10 countries through 9 banks, 1 investment company and 2 insurance companies, Bank Audi offers a full range of Commercial and Corporate banking, Retail banking, Private banking and Investment banking products and services, in addition to Insurance activities. Besides its historic presence in Lebanon, France and Switzerland, the Bank has expanded its operations in the MENA region to Jordan, Syria, Egypt, Sudan, Saudi Arabia, Qatar and Abu Dhabi (through a representative office). In January 2010, Bank Audi entered into an agreement with Commerzbank to acquire Dresdner Bank Monaco S.A.M. The closing of the transaction is still pending regulatory approvals. The Bank is now also present in Gibraltar where it will develop its asset management activity.
At end-December 2009, Bank Audi’s consolidated assets reached USD 26.7 billion, principally driven by private customers’ deposits totalling USD 23 billion, while shareholders’ equity reached USD 2.2 billion at the same date. Based on all those criteria, Bank Audi ranks among the top 20 Arab banking groups.

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