REG - Commercial Int Bank - Appointment of Mr. Jawaid Mirza in CIB's BOD

Commercial International Bank Egypt CIBAnnouncement

23/08/2023 07:15

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RNS Number : 1948K  Commercial Intnl Bank (Egypt) SAE  23 August 2023

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RELEASE

 

CAIRO - August 20(th), 2023

Commercial International Bank (Egypt) appoints new non-executive director to
the Board of Directors

CIB would like to announce that the Central Bank of Egypt (CBE) approved the
appointment of Mr. Jawaid Ahmed Miza, as non-executive director of the Board.
The Board will advise the General Assembly with the effected changes in its
first upcoming meeting.

Mr. Jawaid is a seasoned banker and strong proponent and practitioner of
international corporate governance practices, bringing over 35 years of
diversified experience and a solid track record in all facets of financial and
risk management, technology, mergers and acquisitions, business turnarounds,
and operations management.

Over the years, Mr Mirza has worked with global institutions like Citibank and
ABN AMRO Bank Ltd where he held several senior positions as CFO European
Region, Managing Director and Chief Operating Officer for Global Private
Banking, Asset Management and New Growth Markets, Chief Financial Officer for
Asian region including Australia/New Zealand, Subcontinent and Middle East. Mr
Mirza led several due diligences for acquiring banks in Hungary, Taiwan,
Thailand, Germany, Brazil, France and Pakistan. Mr Mirza was also a member of
the Top Executive Group (TEG) of ABN AMRO Bank as well as member of the Group
Finance and Group COO Board of ABN AMRO Bank.

Mr Mirza currently serves as Independent Non-Executive Director with Eurobank
Ergasias SA in Greece where he chairs the Board Audit Committee and the Vice
Chair of the Board Renumeration Committee and is also a member of the Board
Nomination & Governance as well as Board Digital Transformation committee.
Mr Mirza also serves as Non-Executive Independent Director with AGT Food &
Ingredients (Canada) and a board member of IDRF (International Development
Relief Foundation - a non-profit organization in Canada.

Previously Mr Mirza has served in the Board of Atlas Mara (sub-Saharan African
financial services group listed on the London Stock exchange where he chaired
the Board Audit & Risk committee and was also a NED with South Africa bank
of Athens rebranded to Grobank in South Africa.

Mr. Mirza holds various business management degrees from reputable
institutions like Queens Business School (Toronto), Wharton Business School,
Stanford Graduate School of Business, and is a member of the Institute of
Corporate Directors, Canada.

The appointment of Mr. Mirza expands the Board to become 11 directors, ten of
whom are non-executives, with the majority being independent directors.

CIB's Board of Directors and Executive management are pleased to welcome Mr.
Mizra on board and are confident that his wealth of knowledge and experience
will be significant assets to the bank moving forward.

END OF RELEASE

 

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