Egyptian bank CIB says chairman stepping down
- Date: 26-Oct-2020
- Source: Egypt Independent
- Sector:Financial Services
- Country:Egypt
Egyptian bank CIB says chairman stepping down
CAIRO (Reuters) - Commercial International Bank (CIB) Chairman Hisham Ezz al-Arab is stepping down with immediate effect under orders from the central bank, which cited compliance concerns at the Egyptian lender as it approved his successor's appointment on Friday. Egypt's biggest listed bank said it received notification in a letter from the central bank of “¦ Continued
The post Egyptian bank CIB says chairman stepping down appeared first on Egypt Independent.CAIRO (Reuters) - Commercial International Bank (CIB) Chairman Hisham Ezz al-Arab is stepping down with immediate effect under orders from the central bank, which cited compliance concerns at the Egyptian lender as it approved his successor's appointment on Friday. Egypt's biggest listed bank said it received notification in a letter from the central bank of “¦ Continued
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