Mashreq establishes Corporate Alliance with premier Anti-Fraud organization, ACFE

Mashreq, one of the UAE’s leading financial institutions, has become the first bank in the Middle East to establish a Corporate Alliance with the Association of Certified Fraud Examiners (ACFE). 

The ACFE is recognized as the world’s largest and premier Anti-Fraud organization and has partnerships with numerous Fortune Global 500 organizations. Its role is to support the implementation of Anti-Fraud best practices across organizations by providing access to tools, resources and training. 

H.E. Abdul-Aziz Al-Ghurair, CEO of Mashreq, commented, “We are proud to be the first Bank in the Middle East to establish this Corporate Alliance with ACFE. While Mashreq has robust processes in place to prevent and deter fraud, the formation of this alliance will provide unique access to leading edge tools, training and resources in the fight against fraud.” 

He added, “Participating in the ACFE Corporate Alliance program is a reflection of Mashreq’s continued commitment to stay abreast with new developments, proactive techniques and best practices to prevent, detect and deter fraud - a menace which impacts the whole industry and its customers.” 

James Ratley, CFE, president and CEO of the ACFE, commented, “When a leading financial institution like Mashreq takes a strong, proactive stance against fraud, it sends a message – not just to employees, clients and other organizations, but also one of deterrence to those who would try to commit fraud. The ACFE is pleased to welcome Mashreq to the Corporate Alliance. They join more than 40 partners worldwide who are making a committed effort to prevent and detect fraud.”