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Banking & Financial Leaders · BFL Musrefy Award 2026

Inspiring Banking & Financial Woman Award

Honours women leaders of achievement, influence and professional example.

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How this award is scored

Evaluation
90% automatic · 10% by the award committee
Minimum score to win
70 / 100
Measurement period
The professional record up to the nomination date, with achievements and results counted over the last three years (2023–2025)

Who can apply

  • The nominee is a woman
  • Holding a leadership role (department head or above, or board member) at a licensed financial institution, regulator or financial professional body
  • At least ten years of banking or financial experience
  • No final regulatory or disciplinary sanction, or court ruling involving breach of professional trust, against the nominee
  • The nominee consents to verification with employers and certificate issuers; Musrefy profile data is used only as a data source, with no advantage for any membership type

Indicators and weights

  1. Leadership level

    Highest leadership level held now or within the last twelve months

    15%

    Points

    • CEO, board chair, governor or deputy governor100
    • Executive committee member or board member85
    • Division head or general manager of a business unit65
    • Department head45

    Evidence

    Employer letter or appointment decision

  2. Years of experience

    Total years of banking and financial experience

    10%

    Points

    • ≥ 20 years 100
    • 15 – < 20 years 75
    • 10 – < 15 years 50

    Evidence

    Employer letters

  3. Target achievement

    Average achievement of the annual targets of the unit or institution she leads over the last three years, per the approved scorecard

    15%

    Points

    • ≥ 95 % 100
    • 85 – < 95 % 80
    • 70 – < 85 % 50
    • 0 – < 70 % 20

    Evidence

    Approved scorecards and a letter from the line manager or board

  4. Women mentored

    Number of women she formally mentored in a documented mentoring programme in the last three years

    15%

    Points

    • ≥ 25 100
    • 10 – < 25 80
    • 3 – < 10 50
    • 0 – < 3 20

    Evidence

    Mentoring programme records or organiser letters

  5. Change in women in leadership

    Difference in percentage points in the share of women in supervisory and leadership roles within her area of responsibility between the start of the three-year period and end-2025; for a board member or chief executive, the area is the whole institution

    15%

    Points

    • 5 – < 100 percentage points 100
    • 2 – < 5 percentage points 70
    • 0 – < 2 percentage points 40
    • -100 – < 0 percentage points 10

    Evidence

    HR letter with the figures on both dates

  6. Public professional engagement

    Number of talks at recognised conferences, published articles and professional body board seats in the last three years

    10%

    Points

    • ≥ 10 100
    • 5 – < 10 80
    • 2 – < 5 50
    • 0 – < 2 20

    Evidence

    Links to publications, conference agendas and membership letters

  7. Community initiatives

    Number of financial inclusion, women's empowerment or financial education initiatives she founded or led, with documented beneficiaries, in the last three years

    10%

    Points

    • ≥ 4 100
    • 2 – < 4 80
    • 1 – < 2 50
    • 0 – < 1 10

    Evidence

    Initiative documents and beneficiary records

Scored by the award committee

  1. Value as a role model

    10%
    • Broke a documented barrier (first woman in her role in her country or institution) and built a lasting effect adopted by other institutions to advance women100
    • A distinguished career and a clear effect on advancing women within her institution70
    • A successful career without a documented effect on others40
    • No role-model elements beyond job performance10

Each indicator gives 0 to 100 points; its share of the total is its weight. Ties are decided by the indicators listed first in the scorecard; payment or package never affects the score.

Cycle timeline

  1. Done

    Nominations open

  2. Upcoming

    Nominations close

  3. Upcoming

    Judging starts

  4. Upcoming

    Judging ends

  5. Upcoming

    Results announced

Times are in Asia/Riyadh (UTC+03:00).

Results

Results are announced only after final approval.

Finalists and winners will appear here once the results have been approved and published.