The Board of Directors of Commercial International Bank (CIB) has decided to appoint Hesham El-Ezz as the new Managing Director and a member of the Board, succeeding Hussein Abaza who has completed his term at the bank.
The board appointed Amr
El-Ganainy as Deputy Managing Director and an executive member of the board.
Additionally, they appointed veteran Tony Prestedge as an executive advisor. Islam
Zekry, the Group Chief Financial Officer and a member of the Board of CIB
Kenya, was appointed as an executive member of the board. Neveen Sabour has been nominated as the
non-executive chairman of the board, making her the first woman to hold this
position at the bank.
The bank revealed that these nominations are part of a comprehensive search to select a new Managing Director to lead the bank in the coming period. During this period, the bank aims to implement a digital transformation plan for all aspects of the its activities and operations, while continuing the board's plan to prepare and support a number of future leaders.