CIB Chairman and Managing Director, Hisham Ezz Al-Arab received the EMEA Finance African Banking Award “Best CEO” in Egypt and Africa region, for the year of 2014, in recognition of the distinguished successes of the Commercial International Bank (CIB) in the banking sector under his leadership.
Ezz Al-Arab’s strategy of creating a complete integral management system has strengthened CIB position and led it to be one of the leading banks in Egypt that are significantly contributing to the development of the Egyptian economy and having a key role in luring more investments into Egypt.
Hisham Ezz Al-Arab is the first Egyptian CEO ever to receive this EMEA Finance award, which is an acknowledgment of his efforts and considerable achievements that have positioned CIB on top of the Egyptian banks.
The EMEA Finance is a well-known organization specialized in the financial and banking sectors, based in London. Its annual awards are selectively given away to recognize the efforts and successes of key banking figures and organizations. Giving the Pan Africa Banking CEO Award for the first time ever to an Egyptian bank chairman proves the success of Ezz Al-Arab’s strategies that have strengthened CIB’s position and have turned it into a vigorous competitor for foreign and local banks operating in Egypt.
The plans adopted by Ezz El-Arab over the years supported CIB ability to accelerate significant growth rates and achieve the greatest benefits to shareholders, while maintaining the assets quality. Besides, he successfully developed the bank infrastructure and sustained the high transparency standards across all the bank’s sectors. He also managed to strengthen the high ranking of CIB by adopting to the ever changing economic conditions and emerging markets in Egypt, and further cementing the notion that Egypt is on route to strong recovery.
Hisham Ezz Al-Arab extended his thankfulness to all people who contributed to realizing this success of becoming the first Egyptian CEO ever to win this EMEA Finance Award. On the business level, Ezz Al-Arab thanked all CIB employees who are always keeping the team spirit at work and contribute effectively to the bank successes, and on the personal level, he expressed his gratitude to his family and all managers he have the pleasure working with.
Ezz Al-Arab added that all employees are proud of their distinguished efforts and work at CIB. They have been the catalyst of the bank success; thanks to their commitment and dedication to keep providing the high-quality services to our customers and meet their demands despite the status of instability we have been through in Egypt during the past few years.
Ezz Al-Arab shed light also on the recent winning of the “Pan-Africa Award for Corporate Social Responsibility” from EMEA Finance, in recognition of CIB’s efforts and attempts to create a better environment for its staff, customers and the wider Egyptian society. He further added that the corporate social responsibility should never be considered as an obligatory duty, on the contrary, it is a commitment from all CIB employees to willingly pay back to the community. “Our real value is never calculated by the amount of money we earn, but by the degree of happiness we bring to desperate faces,” he concluded.