CIB has successfully completed Egypt's Gender Equity Seal (EGES) certification and was awarded the certification in a virtual event hosted by the National Council for Women (NCW) and the World Bank on 11 March. The certification was presented by Dr. Maya Morsi, President of the NCW and Marina Wes, World Bank Country Director for Egypt, Yemen and Djibouti.
The EGES certification process promotes gender equity in the private sector by building a series of good practices in the four areas of recruitment; career development; family-work balance; and sexual harassment policies. It is guided by the World Bank's Gender Equity model, which identified the areas of focus and mapped out the needed actions to accomplish the model's objectives in each area.
CIB received the certification in 2010, making it the only Egyptian company to receive the certification twice (in 2010 and 2021). We are also the only bank in the MENA Region to receive this certification based on the World Bank Gender Equity Model (GEM) after the program's re-launch by the World Bank and the NCW with the support of the U.K Embassy in Egypt.
This certification highlights our continued commitment to achieving gender equality, and affirms that women empowerment is key to sustainable development, which is a strategic component in the Bank's policies. As a leader in responsible banking, we strive to promote gender equality within CIB and the communities in which we operate.