QFCRA, Oman Air, Ithmaar and Batelco Shine at ‘Academy Awards’ of Annual Reports in New York
NEW YORK, September 25, 2011 /PRNewswire/ –
Four Annual Reports from the Gulf received high acclaim by winning 14
awards at the 25th International ARC Awards, popularly dubbed ‘the Academy
Awards’ of Annual Reports. The Annual Reports of Qatar Financial Centre
Regulatory Authority (QFCRA), Oman Air, Ithmaar Bank and Batelco put the
Middle East on the global annual reporting map with their rich haul of wins.
Accepting these awards on behalf of their clients were Dr. Vijith
Kannangara, Ananda Jagoda and Luxshmanan Nadaraja of Smart Media – The
Annual Report Company. The awards were presented by Ms. Cheryl Casone of the
Fox Business Network at a gala black tie banquet held at the plush Plaza
Hotel in New York on the 22nd September in the midst of a large
international gathering of top corporate executives.
QFCRA’s Annual Report won eight awards which included two Golds and two
Grands for the best non-English Annual Report and Printing and Production
At the ARC Awards, the Best of the Golds are nominated for Grand awards,
which are considered as the ‘Oscars’ of the annual reporting world.
Oman Air’s Annual Report won two Golds as did Bahrain’s Islamic Retail
Bank, Ithmaar Bank. The latter included the Gold for the Best Chairman’s
Letter. Ithmaar Bank had presented a unique joint statement by the Chairman
and the CEO titled ‘A Candid Letter’. Oman Air, which is rapidly forging
ahead as a top class international airline, sported in their Annual Report
the bold theme ‘Gold Standard’. All these Gold awards received nomination
for Grand awards.
Batelco, Bahrain’s largest capitalised company also won an award for
their annual report titled ‘Bahrain’s Pearl of Great Pride’.
All the Middle Eastern Annual Reports that won at the ARC Awards were
produced by globally renowned Smart Media – The Annual Report Company who
won a total of 48 awards including 19 Golds and 4 Grands on behalf of their
clients from different parts of the world. Commenting on the Middle East’s
performance, Dr. Vijith Kannangara, Chairman of Smart Media, said that
“these top international awards would play their part in improving
perceptions on governance, risk management and transparency of companies in
the Middle East in general.”
“The Middle East would feature prominently in our expansion as we
believe that annual reports of top Middle Eastern companies are generally
punching well below their weight,” added Dr. Kannangara.
Smart Media were also recipients of the League of American
Communications Professionals Gold award for the worldwide agency of the year
for annual reports in July this year.
Photo Caption: Dr. Vijith Kannangara, Chairman Smart Media – The Annual
Report Company speaks whilst accepting one of the Grand Awards on behalf of
Qatar Financial Centre Regulatory Authority.
About Smart Media - The Annual Report Company
Smart Media – The Annual Report Company is one of the very few companies
in the world that specialise in producing annual reports. The Company has
produced over 1,400 annual reports during a period spanning some fifteen
years. Among these annual reports have been many pioneering and ground
This press release has been issued by Smart Media – The Annual Report
Company. For further information, please contact Ms. Varni Suriacumaran,
Chief Officer Product Development ( firstname.lastname@example.org / +1-732-491-3534) or
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SOURCE Smart Media – The Annual Report Company