The Qatar Financial Centre Regulatory Authority (QFCRA) said today (27 February) that its Corporate Services division has received a 4-star rating from the European Foundation for Quality Management (EFQM).
This recognition puts QFCRA among the leading financial services institutions in the region, showcasing its excellence in four key areas of the EFQM Model, the statement said.
The QFCRA has also gained official membership with EFQM, effective February 2025.
As a member of EFQM, QFCRA joins a global network of organisations committed to achieving sustainable economic growth through excellence in quality management.
Fatma Abdulrahman Al Meer, chief financial officer and chief operating officer, QFCRA said: “I am proud that the QFCRA is the first financial instutition in Qatar and second in the region to join EFQM and undergo the assessment.
“This aligns with our commitment to adopting best practices in quality management and organisational excellence. We look forward to leveraging the EFQM Model 2025 to enhance our strategic objectives and deliver excellent services to our stakeholders.”
Russell Longmuir, chief executive officer, EFQM said: “We are delighted for the QFCRA’s leadership and the whole team for achieving 4 Stars from EFQM and look forward to supporting them on their journey of sustainable performance improvement.”