Kuwait - 27 May 2010: Gulf Bank announced that it has won the coveted "Employer of the Year" award at the 2nd GCC Human Resource Excellence Awards 2010 held in conjunction with the 5th Human Assets Middle East Congress. This award is an endorsement of Gulf Bank's consistent ongoing efforts to implement positive career development strategies across all of its departments.

The Awards Ceremony, which took place at the Royal Mirage Hotel (Dubai) on 25 May 2010, is an annual event, which recognizes excellence in HR practices followed by GCC public and private organizations and has been designed to honor both individuals and organizations.

Gulf Bank, a leading HR practitioner in the region, received this year's Best Employer Award in recognition of its loyalty and care towards its employees, providing ongoing support, and training and developing them to become the future banking leaders of Kuwait.

Mr. Surour Alsamerai, General Manager of Human Resources at Gulf Bank said, "The GCC Human Resource Excellence Award is more than a recognition of individual excellence. It is a tangible acknowledgment of Gulf Bank's contribution to the growth, development and professional nurturing of Kuwait's human capital".

"As a part of its ongoing improvement program, Gulf Bank has introduced a broad range of initiatives to encourage learning and to develop career opportunities for its staff. This award is an endorsement of the efforts of all our HR personnel at the Bank and the progress we have worked to achieve", added Mr. Alsamerai.

Gulf Bank was also nominated for the HR Director of the Year Award, Best Nationalization Friendly Initiative, and the Most Admired Company in Human Asset Management.

Gulf Bank is committed to delivering superior customer experience through providing professional quality services, innovation and creative banking solutions. The Bank recognizes that the foundation of its strength lies in the diversity, commitment and performance of its employees.