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The International Commercial Bank – Egypt announced the appointment of Sherif Samir Sami as non-executive chairman of the bank’s board of directors, after obtaining approval from the Central Bank of Egypt, succeeding Hisham Ezz Al-Arab..
The bank confirmed in a statement today that the Board of Directors believes the bank has many distinguished cadres and a capable management team working to apply the highest professional standards and adopt the best practices followed in risk management and compliance..
The statement said that non-executive members of the board were invited to attend a meeting with the governor of the Central Bank of Egypt, Tariq Amer, during which he confirmed his full support for the bank and the board of directors..
Sherif Sami, Non-Executive Chairman of Commercial International Bank, said that on behalf of the Board of Directors, the bank will continue its commitment to continue to strengthen the bank’s position, emphasizing the implementation of peaceful and effective governance practices and working to support the initiatives state and continue to adopt the best international banking practices..
For his part, Hussein Abaza, CEO and member of the bank’s board of directors, affirmed the bank’s commitment to providing the highest level of service to clients and supporting their investment plans and financial objectives.
