irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $25KONLINE RESOURCES:ABANA used a website development and hosting service to manage its online platform, which offers members access to a directory, account management, event booking, and other resources, including industry news and job openings.
named programs · 4 · from sources
What they call their work
ABANA Achievement Award
Annual award and dinner honoring outstanding individuals in banking, investment, and financial services with ties to the MENA region
CEO Series
Speaker series featuring top business leaders discussing trends and opportunities in the MENA region
John Mack ABANA Fellowship
Two-year fellowship providing $15,000 stipends, mentorship, and access to ABANA events for MBA students with heritage or interest in the MENA region
Online Resources Platform
Digital platform offering members access to a directory, event booking, industry news, and job listings
activities · 5 groups
What they do
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Leadership & Policy Dialogue Forums 1 activity
- Co-organizes advocacy-focused roundtable discussions on economic policy and reform in the Middle East and North AfricaFacilitates high-level dialogues on regional economic agendas, such as Egypt’s transition to a private sector-led investment model, through co-hosted roundtable events with partners like DLA Piper during major international forums including the IMF and World Bank Spring Meetings.
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Professional Networking Events 1 activity
- Hosts professional networking and educational events for finance professionals focused on the Middle East and North AfricaOrganizes a robust calendar of virtual and in-person events, including panel discussions, CEO series, and sector-specific programs on topics such as AI trends in the Arab World and financial reconstruction in post-crisis Syria, to facilitate networking and knowledge exchange among finance professionals. Co-hosted events include the FWA Global Capital & Leadership Forum and roundtables during the IMF and World Bank Spring Meetings.
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Professional Membership and Association Benefits 1 activity
- Operates an online member platform providing access to professional resources and community toolsMaintains a digital platform offering members exclusive access to a professional directory, event booking, account management, industry news, job openings, and business intelligence. Access to event information and other content is restricted to members only.
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Industry and Community Recognition Awards 1 activity
- Presents annual Achievement Award to honor leadership in banking and finance related to the Middle East and North AfricaHosts the annual ABANA Achievement Award Dinner to recognize individuals for outstanding contributions to banking, investment, and financial services in connection with the Middle East and North Africa, such as honoring Dina Powell McCormick in 2025 for advancing U.S.-MENA relations.
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Uncategorized 1 activity
- Administers the John Mack ABANA Fellowship to support emerging finance professionals with ties to the Middle East and North AfricaRuns a competitive fellowship program that selects MBA students from top U.S. business schools, provides each fellow with a $15,000 stipend for up to two years, grants access to ABANA’s professional network and events, assigns mentors from its finance network, and organizes an annual summit in New York City covering lodging and food costs. The program supports career development and leadership growth for future professionals interested in MENA-related finance.
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financials · form 990 · fy2024
revenue
Total revenue$2.00M
Contributions & grants$1.60M80%
Program service revenue$280K14%
Investment income$116K6%
Other revenue$1K
expenses
Total expenses$1.04M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$419K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$4.21M
Cash$122K
Investments$3.03M
Liabilities$11K
Net assets$4.20M
Liquid reserves36.4 mo
4 years on record · 2020–2024 · YoY revenue +14.2%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Khalid Azim | President | 40 | $238K |
board members · 19
- AMAL MOUSSA — Director
- Amr Nosseir — BOARD MEMBER
- CAROLYN S WEIMER — Director
- Ferris Hussein — VICE CHAIR
- HAMZA FASSI-FEHRI — BOARD MEMBER
- HEATHER IBRAHIM-LEATHERS — Director
- Hania Dawood — Director
- Joud Abdel Majeid — VICE CHAIR
- Karim Baghdady — Treasurer
- Laura Osman — Secretary
- Lotfi Karoui — Vice Chair
- MARWAN ELARABY — Director
- MAY NASRALLH — Director
- Marwan Azzi — Chairman
- Mona Dajani — Director
- NICOLAS J KAHALE — Director
- OMAR JABRI — Director
- Thana ABDULLAH Al-Mufarrej — Director
- Zubaid Ahmad — Director
relationships · 89
Who they work with
- 8th Annual Wharton Middle East and North Africa Conference Partner — Collaborated with ABANA in 2019
- A. Robert Abboud & Co. Partner — A. Robert Abboud of A. Robert Abboud & Co. received the ABANA Achievement Award in 1989.
- ABANA Foundation Network — 501(c)(3) nonprofit affiliate that operates in close collaboration with ABANA to run the John Mack Fellowship and other leadership development programs.
- ADGM Arbitration Centre Partner — Partnered with ABANA in 2020
- Abu Dhabi Global Market (ADGM) Partner — H.E. Ahmed Ali Al Sayegh of Abu Dhabi Global Market (ADGM) received the ABANA Achievement Award in 2017.
- Abu Dhabi Investment Office (ADIO) Partner — Collaborated with ABANA in 2023 and 2022
- Akin Gump Strauss Hauer & Feld LLP Partner — Hosts the in-person program of the 2026 FWA Global Capital & Leadership Forum in New York City.
- Al Tamimi & Company Partner — Partnered with ABANA in 2019
- Al-Ubaf Group Partner — Dr. Mohamed Abushadi of Al-Ubaf Group received the ABANA Achievement Award in 1986.
- Arab American National Museum (AANM) Partner — Collaborated with ABANA in 2023
- Arab Bank Partner — Abdul Majeed Shoman of Arab Bank received the ABANA Achievement Award in 1986 and 2002.
- Arab Banking Corporation Partner — Abdulla A. Saudi of Arab Banking Corporation received the ABANA Achievement Award in 1990.
- Arab Banking Corporation Partner — Ghazi M. Abdul Jawad of Arab Banking Corporation received the ABANA Achievement Award in 1998.
- Arab Conference at Harvard Partner — Collaborated with ABANA in 2019
- Arab Fund for Economic and Social Development Partner — Abdlatif Yousef Al-Hamad of Arab Fund for Economic and Social Development received the ABANA Achievement Award in 1993.
- Arabia Monitor Partner — Partnered with ABANA in multiple years including 2022, 2021, 2020, and 2019
- Atlantic Council – empowerME Partner — Partnered with ABANA in multiple years including 2024, 2023, 2022, and 2021
- BDT & MSD Partners Partner — Dina Powell McCormick of BDT & MSD Partners received the ABANA Achievement Award in 2025.
- BlackRock Partner — Collaborated with ABANA in 2020
- BlackRock Partner — Laurence D. Fink of BlackRock received the ABANA Achievement Award in 2016.
- Blackstone Partner — Stephen A. Schwarzman of Blackstone received the ABANA Achievement Award in 2021.
- Bloomberg Intelligence Partner — Collaborated with ABANA in 2024
- Business Council for International Understanding Partner — Collaborated with ABANA in 2020
- C3 International Partner — Partnered with ABANA in 2021 and 2019
- Charles Yeterian Partner — Co-founded the Arab Bankers Association of North America in 1983.
- Christie’s Partner — Co-hosted a program on global art markets and cross-border capital exchange.
- Citigroup/Citibank Partner — William R. Rhodes of Citigroup/Citibank received the ABANA Achievement Award in 1999.
- Clifford Chance LLP Partner — Co-hosted a program on rebuilding financial bridges to a post-crisis Syria.
- Columbia Arab Alumni Association (CAAA) Partner — Partnered with ABANA in 2024
- Columbia Business School MENA Club Partner — Partnered with ABANA in 2024
+ 59 more
strategies · 3
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Leadership Pipeline Development with Regional Focusmethodology: leadership_pipelineBy investing in high-potential finance professionals and MBA students with ties to or interest in the MENA region, ABANA strengthens long-term U.S.-MENA economic ties, because merit-based selection and targeted development create a pipeline of leaders equipped to navigate and shape cross-regional financial ecosystems.
- Private-Sector-Led Development Advocacymethodology: private-sector-led developmentBy promoting private-sector-led investment models in Arab economies, ABANA supports macroeconomic reform and sustainable development, because market-driven financial initiatives generate more resilient and scalable outcomes than aid-dependent approaches.
- Professional Network Convening for U.S.-MENA Financial Integrationmethodology: expert-conveningBy convening finance professionals and institutions from North America and the MENA region, ABANA fosters leadership, knowledge exchange, and stronger cross-border capital markets, because sustained dialogue between expert practitioners improves mutual understanding of financial systems and drives private-sector-led development.