Hisham Ezz Al-Arab is the founder and chair of HE Advisory. With over 40 years of experience as an international banker across Europe, the Middle East, and Africa, he advises corporations on Growth Strategies, Resources Mobilization and Financial Risk Management. He also provides fundraising advice and strategic counsel to start-up fintechs.
Mr. Ezz Al-Arab is the former Chairman and Managing Director of Commercial International Bank - Egypt (CIB), where he served in that role from 2002 to 2020. During his tenure, he transformed the institution from a wholesale lender with a market capitalization of EGP 1 billion into Egypt’s largest private-sector bank with a market capitalization of EGP 100 billion. As the blue-chip component of the Egyptian Exchange with ADRs and GDRs listed on the New York and London Stock Exchanges, the stock is the global investment community’s preferred proxy for Egypt and a benchmark for the banking industry in emerging markets.
His leadership was committed to cultivating and perpetuating a culture of entrepreneurial spirit and meritocracy and to global best practices with respect to corporate governance and risk management. Equally committed to the bank’s global responsibility, in 2013, Mr. Ezz Al-Arab introduced sustainability and gender equality initiatives. CIB was the first bank in Egypt to issue a sustainability report and to join the signatories for the United Nations Environment Program Financial Initiatives: Principles for Responsible Banking. CIB was also included in the Low Carbon Select Index in the Middle East and North Africa (MENA). In 2019, CIB was named to the Bloomberg Gender Equality Index, the only company in Egypt and Africa to be listed. He also led the digital transformation of the bank’s processes and practices, including the establishment of a Data Analytics unit, the first such effort at an Egyptian bank. This unit subsequently advised the Egyptian government regarding data collection and analysis.
Recognizing the potential opportunities in Africa, particularly East Africa as a trade hub, Mr. Ezz Al-Arab led the transaction to open CIB Mayfair Bank in Kenya to provide trade finance and credit facilities for the bank’s Egyptian mid-sized corporate customers looking to expand into Africa. He was also instrumental in a fintech initiative for youth in East Africa.
Mr. Ezz Al-Arab has been recognized by a number of global publications for his leadership and the bank’s performance. He was named “Best CEO in Egypt and Africa” by EMEA Finance in 2014.
In 2016 Euromoney recognized his “Outstanding Contribution to Financial Services in the Middle East” CIB was awarded Euromoney’s Best Bank in Global Emerging Markets, the first bank in Egypt and MENA to receive this award. The same year they were awarded Best Bank in the Middle East. In 2018, CIB received the Best Bank for Social Responsibility in the Middle East. CIB was named Best Emerging Markets Bank by Global Finance in both 2018 and 2020.
Mr. Ezz Al-Arab is the Chair of the CIB Foundation, which he founded in 2010. The CIB Foundation has built strategic partnerships with healthcare providers from the government, private, and non-government sectors focused on the health and wellbeing of underprivileged children throughout Egypt. As a result of its efforts, the Foundation has impacted the lives of more than 3.2 million children and is a leading Egyptian voice for universal access to quality healthcare extended to underprivileged children.
Mr. Ezz Al-Arab is a Member of the Institute of International Finance (IIF) in Washington, member of the Emerging Markets Advisory Council (EMAC) and board member of Ripplewood Advisors MENA. He is also former Chairperson of the Federation of Egyptian Banks, a former board member of the American University in Cairo (where a scholarship in his name was established for a dedicated undergraduate student), Smart Africa, and Fairfax Africa.
Prior to joining CIB in 1999, Mr. Ezz Al-Arab spent his career as a banker at Merrill Lynch, J.P. Morgan and Deutsche Bank in London and the Middle East.
Dr. Nadia Makram Ebeid is presently the Executive Director of the Centre for Environment and Development for the Arab Region and Europe (CEDARE), an international diplomatic position she assumed in January 2004.
Dr. Makram Ebeid was Egypt’s first Minister of the Environment and the first female minister to hold this position in the Arab World. Some of her most notable achievements were raising environmental awareness through mainstreaming environmental considerations into Egypt’s national development policies as well as declaring the River Nile free from polluted industrial wastewater discharge.
In addition to being a former member of CIB’s Board of Directors, Dr. Makram Ebeid is also the chairperson and board member of various prestigious institutions, and the holder of more than fifty international and national awards.
After graduating from the Faculty of Commerce at Cairo University, Mr. Madkour joined CIB in 1978, and has served in different departments of the Bank, including Book Keeping, Money Transfer, Treasury and the Dealing Room. He also served as Deputy CEO Institutional Banking and Group Treasurer. Furthermore, he served as the Consultant to the CEO at CIB.
Member of The Board
Ms. Maha El-Shahed – Head of Corporate and Board Affairs – CIB.
Since she joined the Bank, Ms. Maha El-Shahed has been assisting CIB senior management after obtaining her degree in Business Administration from the American University in Cairo (AUC) in 1983.
In February 2014, Ms. Hosny joined CIB Foundation Board of Trustees, and currently she is assuming the role of Secretary General. Besides, she is CIB representative as a Member in the Sustainable Development Committee at the Federation of Egyptian Banks since May 2014. She recently joined the Board of Trustees of the National Foundation for Family and Community Development in November 2021.
Prior to that, Ms. Hosny was CIB Division Head of the Centralized Banking Services, Custody and Capital Markets till October 2015. Also, she was nominated as CIB Sustainability Ambassador in November 2014, and was a member in CIB Corporate Social Responsibility team concerned with “Protecting the Green Environment” in April 2013.
Ms. Hosny graduated from the Faculty of Commerce Cairo University. She joined CIB in 1981, and worked in different departments, such as the Money Transfer Department, Central Processing Unit, as well as the Custody Operations and Bookkeeping Department.