Mr. Hussein Abaza leads strategy and operations at CIB, Egypt’s premier private sector bank serving over a million customers, including corporate clients from among Egypt’s largest 500 institutions.
Mr. Abaza has been Chief Executive Officer and Managing Director since June 24, 2021 and Chief Executive Officer and a Member of the Board of Directors since March 2017. He assumed this position after a six-year run as CEO of Institutional Banking. Prior to this, Mr. Abaza was the Bank’s Chief Operating Officer and, from 2001 to 2010, its Chief Risk Officer responsible for managing credit, market, and operational risk across CIB.
Mr. Abaza is also a member of the Bank’s award-winning investor relations program, which has helped CIB grow its market capitalization over tenfold since 2008.
Previously, he served as Head of Research and then Managing Director at EFG Hermes Asset Management from 1995 until his return to CIB in 2001.
Mr. Abaza joined CIB after obtaining his BA in Business Administration from the American University in Cairo. He has pursued post-graduate training and education in Belgium, Switzerland, London, and New York.