The Financial Services Industry Excellence Awards are designed to recognise role models in the industry for their outstanding performance and contribution to the growth and development of the Financial Services industry in The Bahamas. The Awards recognise the importance of quality human resources for the success of the industry. The three categories are:
• Executive of the Year – CEO level
• Professional of the Year – Any level of Management or Supervision
• Achiever of the Year – Junior and Support levels
Nominations are open to the entire Financial Services industry including industry regulatory and supervisory agencies and government institutions involved with financial services activities. Human Resources Managers or individuals acting in a similar capacity are asked to coordinate the nomination process within their organisations; however, a Blue Ribbon Judges Panel selects the award recipients.
The Financial Services Business Development Award was launched in 2004 as part of the programme. It pays tribute to a firm or individual for entrepreneurial undertaking(s) promoting the viability and strength of the sector. This can include, for example, new business expansion, the creation of niche markets, or the development of new marketing efficiencies.
A “Minister’s Award” is presented by the Minister of Financial Services and Investments. Introduced in 2002 as part of the Financial Services Industry Excellence Awards programme, the Minister’s Award recognises stellar performance within the industry.