Description

CIB is the leading private-sector bank in Egypt, offering a broad range of financial products and services to its customers, which include more than 500 of Egypt’s largest corporations, enterprises of all sizes, institutions, and households. CIB’s strong brand and growth in retail and SME banking segments continues to introduce new customers to the bank. As a result, CIB has succeeded in becoming the most profitable commercial bank operating in Egypt for more than 40 years.

The Bank was founded in 1975 as Chase National Bank, a joint venture between Chase Manhattan Bank and the National Bank of Egypt (NBE). In 1987, Chase divested its stake to NBE, who renamed the former joint venture Commercial International Bank.

Over time, NBE’s ownership in CIB declined, and in 2006 a consortium led by Ripplewood Holdings acquired NBE’s remaining 19%. In 2009, Actis, a Pan-African private equity firm specializing in emerging markets, acquired 50% of Ripplewood Consortium’s stake and became CIB’s single largest shareholder, with a 9.06% stake.

Neveen Sabbour:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Hisham Al-Arab:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Paresh Sukthankar:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Rajeev Kakar:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Sherif Samy:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Fadhel Al Ali:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Aziz Moolji:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Hoda Mansour:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Jawaid Mirza:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Amr El Ganainy:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Islam Zekry:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

EGX
EGS60121C018
NSE
EGS60121C018

 

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Credit Rating

NameLogoCountryHeadquartersRating
Fitch Credit LogoUnited States of AmericaNew YorkBBB+

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Neveen

Non Executive
NationalityUnited Kingdom
RoleChairman
QualificationBA in Economics
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Hisham Ezz

Non Executive
NationalityEgypt
RoleNED
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Paresh

Non Executive
NationalityEgypt
RoleNED
QualificationMBA, AMP
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Rajeev

Non Executive
NationalityEgypt
RoleNED
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Sherif

Non Executive
NationalityEgypt
RoleChairman
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Fadhel

Non Executive
NationalityEgypt
RoleNED
QualificationBA Industrial and System Engineering
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Aziz

Non Executive
NationalityEgypt
RoleNED
QualificationBS Electrical Engineering, MA Finance
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Eng. Hoda

Non Executive
NationalityUnited Kingdom
RoleNED
QualificationB.Sc. Engineering, MBA
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Jawaid

Non Executive
NationalityAmerican
RoleNED
QualificationBusiness Management
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Amr El

Non Executive
NationalityEgypt
RoleNED
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Islam

Executive
NationalityEgypt
RoleCFO
QualificationMBA
Date Appointed:
Duration:
Date not available.
Independance: Date not available.

 

Directors Tenure

Name
Duration
Name

Neveen Sabbour

DurationDuration not available.
Name

Hisham Ezz Al-Arab

DurationDuration not available.
Name

Paresh Sukthankar

DurationDuration not available.
Name

Rajeev Kakar

DurationDuration not available.
Name

Sherif Samy

DurationDuration not available.
Name

Fadhel Al Ali

DurationDuration not available.
Name

Aziz Moolji

DurationDuration not available.
Name

Eng. Hoda Mansour

DurationDuration not available.
Name

Jawaid Mirza

DurationDuration not available.
Name

Amr El Ganainy

DurationDuration not available.
Name

Islam Zekry

DurationDuration not available.

 

Director Experience

Name
Experience
Name

Sherif

Experience Financial Services
Name

Paresh

Experience Banking
Name

Hisham Ezz

Experience Banking
Name

Rajeev

Experience Electronics, Banking
Name

Timothy A.

Experience Banking, Technology
Name

Thembi

Experience Financial Services, Banking
Name

R.A.

Experience Banking, Technology
Name

Eng. Hoda

Experience Financial Services, Banking
Name

Neveen

Experience Banking, Financial Services
Name

Fadhel

Experience Banking, Technology
Name

Aziz

Experience Electronics, Technology, Banking

 

Company Auditors

Name
Date Appointed
Years
Name

PwC

Date Appointed
YearInvalid date format

 

 

Company Committees

Name

Neveen Sabbour

Mainboard, Audit, Remuneration BD, RC, RE, NG
Name

Hisham Ezz Al-Arab

Mainboard, Audit, Remuneration BD
Name

Paresh Sukthankar

Mainboard, Audit, Remuneration BD, AU, RE
Name

Rajeev Kakar

Mainboard, Audit, Remuneration BD, RC, NG
Name

Sherif Samy

Mainboard, Audit, Remuneration BD, AU, TE, OT
Name

Fadhel Al Ali

Mainboard, Audit, Remuneration BD, RC, NG
Name

Aziz Moolji

Mainboard, Audit, Remuneration BD, RE, OT
Name

Eng. Hoda Mansour

Mainboard, Audit, Remuneration BD, TE, OT
Name

Jawaid Mirza

Mainboard, Audit, Remuneration BD, AU, TE
Name

Amr El Ganainy

Mainboard, Audit, Remuneration BD
Name

Islam Zekry

Mainboard, Audit, Remuneration BD

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT