| Principle Activities | CIB offers a broad range of products and services to its customers and is a leading provider of financial services to large, medium and small enterprises, other institutions, households and high net worth individuals. In addition to traditional asset, liability and custodial products, CIB offers wealth management, securitization, private equity and treasury services, all through client-centric teams. |
| Chairman of the Board, BoD's, and CEO |
i. Chairman and Managing Director:
| Mr. Hisham Ezz Al-Arab joined CIB in 1999 as Deputy Managing Director and was elected Chairman and Managing Director in September 2002. He has had wide experience of more than 30 years in global banking activities that he gained in senior positions at JP Morgan, Merrill Lynch, and more recently Deutsche Bank in the UK, Middle East and the United States. |
ii. Board of Directors:
| 1. | Mr. Mahmoud Fahmy:
Counselor Fahmy is a renowned business lawyer and was Chairman of the Egyptian Capital Markets Authority. |
| 2. | Dr. William Mikhail:
Dr. Mikhail is an Econometrics professor at the American University in Cairo. He received his Ph.D. from the London School of Economics and was a U.N. ecnomics consultant for 2 decades. |
| 3. | Dr. Nadia Makram Ebeid:
Dr. Ebeid is the Executive Director of the Center for Environmen and Development for the Arab Region and Europe. She held manegerial posts with the UNDP, and the Council for Environment and Development Research. She has received numerous awards of recognition and distinctions from local and international NGO's. |
| 4. | Mr. Robert Willumstad:
Due to personal commitments and corresponding time constraints, Mr.Robert Willumstad has reluctantly opted to step down from his role as a non-executive member on CIB board of directors. Fortunately, Mr.Willumstad has kindly accepted to continue providing his expertise as a “Senior Advisor” to the board, as well as a member in the Risk and Governance and Compensation committees, starting February 2010. |
| 5. | Mr. Medhat Hassanein:
Dr. Medhat Hassanein, Egypt’s former Minister of Finance (1999-2004), is currently a professor of Finance and Banking with the Management Department of the School of Business, Economics & Communication at the American University in Cairo.
Dr. Hassanein is a senior policy analyst with long experience in institutional building, macro-policy analysis, financial economic, corporate finance and international financial management. He has previously served as advisor to government, high-level advisory bodies and the donor community. During his term as Minister of Finance, he developed and instituted the second generation set of fiscal public policy reforms for the government of Egypt. Dr. Hassanein has also served as Chairman and Board Member in public holding companies, private corporations and many renowned banks in Egypt, last of which was HSBC Egypt (2004-May 2009) where he chaired its Audit Committee.
|
| 6. | Ambassador Frank G. Wisner:
Ambassador Frank G. Wisner is the international affairs advisor to Patton Boggs LLP, a full-service firm with a national presence in every major area of legal representation. Prior to joining Patton Boggs, Mr. Wisner served as Vice Chairman of the American International Group (AIG), external affairs, following his retirement from the U.S. government with the personal rank of Career Ambassador, the highest grade in the Foreign Service.
Mr. Wisner joined the State Department in 1961 and served in a variety of overseas and Washington positions during his 36-year career. Among his other posts, Ambassador Wisner served successively as U.S. Ambassador to Zambia, Egypt, the Philippines and India.
Currently, he is on the board of the U.S. India Business Council. Mr. Wisner is a member of the boards of Directors of EOG Resources, an oil and natural gas exploration and production company and Ethan Allen, a large furniture manufacturer. He has been a member of the Board of Directors of the Pharaonic American Life Insurance Company (ALICO) in Egypt since 2007. He is a senior advisor at Kissinger Associates. Mr. Wisner is Vice Chairman of the Business Council on International Understanding. His non-profit board affiliations include, but are not limited to: Rockefeller Brothers Fund, the American University in Cairo, Princeton University’s Middle Eastern Affairs Advisory Board and the advisory board at Columbia University’s SIPA.
|
| 7. | Walid Shash:
Mr. Shash is currently the Head of the MENA Institutional and Private Wealth Management Business, Union Bancaire Privee (UBP) Geneva. Since his graduation in 1982 with a BA in Economics and Business Administration from the American University in Cairo, Mr. Shash has served in a number of renowned financial institutions; namely, Misr American International Bank, Union des Banques Arabes et Francias (UBAF), Paris, Lehman Brothers and Prudential Securities in Geneva. |
| 8. | Mr. Paul Fletcher:
Mr. Paul Fletcher has joined CIB’s Board of Directors in February 2010. Paul Fletcher is Senior Partner of Actis, leading the firm from its London headquarters. Actis currently has US$4.8bn funds under management, with over 100 investment professionals on the ground in 9 offices worldwide. Mr. Paul Fletcher joined Actis in 2000. Originally a banker with Cargill, and Banker’s Trust, Paul moved into corporate finance in the early 1990s with a role at Citibank. At Citibank, Paul led the East African operations, becoming Head of Emerging Markets Strategic Planning. Paul’s career has spanned Kenya, Tokyo, New York, and London; he has two decades of experience in the emerging markets. Mr. Paul Fletcher is a Founding Director of the Emerging Markets Private Equity Association (EMPEA). Mr. Fletcher has a Masters in Geography from Oxford University. |
iii.Chief Executive Officer:
| Mr. Essam El Wakil has over 34 years of experience in various business and supporting areas such as: credit, corporate, project & and trade finance, investment banking and strategic planning. Mr. El Wakil is a board member of the Federation of Egyptian Banks "FEB." |
|