Who is Sherif Sami, the new president of the International Commercial Bank?



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04:21 p. M.

Friday 23 October 2020

I wrote – Shaima Hefzy:

Today Friday, Commercial International Bank announced the appointment of Sherif Sami as non-executive chairman of the bank, to succeed Hisham Ezz Al-Arab.

Sherif Sami is a non-executive member of the board of International Commercial Bank. Sami has extensive experience in the fields of markets, financial services, investment and governance.

Sami is a senior non-executive consultant for a real estate asset management company.

Sami is a member of the Board of Directors of the National Investment Bank and the Universal Health Insurance Authority, in addition to several companies working in the field of education and direct investment.

He served as a member of the Social Security Fund Investment Committee and a member of the International Advisory Committee of the United Arab Emirates Securities and Commodities Authority.

Sami also assumed the presidency of the General Supervisory Authority for a period of four years ending in 2017, which is the body responsible for supervising and developing the money market, insurance, financial leasing, factoring, real estate financing, private insurance funds. and microfinance.

He also served as a member of the Board of Directors of the Central Bank of Egypt and the position of Chairman of the Bank’s Audit Committee and member of the Monetary Policy Committee for a period of four years.

Sami also chaired the Board of Directors of the Financial Services Institute, the Board of Trustees of the Egypt Center of Directors and the Supreme Committee of Accounting and Auditing Standards of Egypt, as well as being a member of the Board of Trustees of the National Payments Council.

Sami is the first Egyptian to be elected to the board of directors of the International Organization of Securities Commissions (IOSCO) in 2014, and was re-elected for a second session in 2016, and was also elected president of the Federation of Arab Securities Authorities for the period ending in 2017.

Sami was also appointed for several consecutive sessions as a member of the Board of Directors of the General Authority for Investments and Free Zones from 2007 to 2015, and was also elected as the first Managing Director of Banque Misr Investments (Misr Financial Investments) managing direct contributions. as well as managing investment funds in the Egyptian Stock Exchange, as he was. He was a member of the Board of Directors of Banque du Caire from 2010 to 2013, and of the Investment Fund Company for the Development of Small and Medium Enterprises.

It is worth mentioning that Sami began his working life at Accenture Consulting, where he worked in their Chicago, Riyadh and Beirut offices, after graduating from Alexandria University College of Commerce with an excellent grade with first-class honors.

He participated in various executive programs in the areas of strategy, investment and management at various business schools and prestigious management institutes in the United States and Europe.

Read also:

“It’s time to finish my trip.” Hisham Ezz Al-Arab announces his departure from the Presidency of the International Commercial Bank

Due to the Central Bank speech, CIB announces the appointment of Sherif Sami as bank president … and thanks Ezz Al-Arab

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