Kashmiri banker serving Gulf bank gets award

Srinagar: Metric Stream, a market leader in Governance, Risk, and Compliance (GRC) apps and solutions, presented the GRC Visionary Award to Jumsheed Hussain, Executive Director, Credit and Risk Management at Qatar Development Bank, at the MetricStream GRC Journey Awards ceremony in London early November.

The GRC Visionary Award category recognizes individuals who have a passion for GRC and a strong vision for their organization’s GRC journey. These individuals are the driving force behind their organizations’ GRC programs. They envision the road ahead, and work hard to champion the cause of GRC. They are also renowned thought leaders who willingly share their knowledge and expertise with the industry through published insights, webinars, and videos, a statement issued by the Metric Stream said.

Hussain won the award for his vision and leadership in GRC at Qatar Development Bank. With over 20 years of experience in enterprise risk, credit risk, and other governance functions, he has a deep understanding of GRC. As the executive sponsor for the GRC project at Qatar Development Bank, Hussain has played a pivotal role in educating business unit heads on the project, driving consensus amongst stakeholders, and ensuring that change management and user adoption is swift and smooth. Today, Hussain is a strong champion for integrated GRC, and he is a sought-after speaker and active participant in various industry associations such as GARP and the Credit Risk Group.

“I am both humbled and honored to receive this prestigious award,” said Hussain. “I accept it on behalf of our entire GRC team who worked with their minds and hearts on this project. Without them, our GRC journey would not have been as successful as it proved to be, nor would it have been possible to reach the milestones that we have. I would also like to express my appreciation to the Head of Internal Audit, Adel Eldesouky, the Head of Compliance, Hamad Haider, and the CEO, Abdulaziz Nasser Al-Khalifa for their complete buy-in and support throughout this project.”

“This award recognizes the maturity of our GRC processes and the seamless integration that we have been able to achieve with our MetricStream GRC platform. We are on the right path in our GRC journey, and look to many more successes in the future,” the statement quoted Hussain saying.

Commenting on Hussain’s win, Gunjan Sinha, Executive Chairman at MetricStream said, “Steering a large organization on their GRC journey is no easy feat, especially when there are multiple stakeholders, functions, and processes involved. It takes a leader like Hussain, with vision, courage, experience, and dedication to lead the organization in the right direction. As a result of his efforts, Qatar Development Bank is a leader in the region for their adoption of an integrated approach to GRC.”

Hussain, it may be recalled here, started his career in J&K Bank where he served for nearly seven years. Later, when he got an opportunity in the Middle East, he seized it and left J&K Bank in 2008. He is now serving the major bank as an Executive Director. (CNS)

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