17th Mar 2008 07:00
Commercial Intnl Bank (Egypt) SAE16 March 2008 Press Release CI Capital Holding announced today that as part of the ongoing post-mergerintegration plans Mr. Hisham Ezz Al Arab, Chairman and Managing Director of CIB,will assume the Chairmanship position of CICH in addition to his currentresponsibilities at CIB. Mr. Ezz Al Arab with twenty years of investment bankingexperience in global banks across Europe and the Middle-East will beinstrumental for taking the company through the next phase of long term growthplans. Mr. Ezz Al Arab replaces Mrs. Sahar El-Sallab who has been vital intransforming the company from a local leading brokerage firm to a full fledgeInvestment bank franchise in Egypt as well as an expending business in U.A.E. CICH intends to pursue deeper integration with CIB to realize the maximumpotential synergies between the two companies. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Com.int.bk.regs