Hisham ramez wiki

On Dec 22^nd, the Egyptian president Mohamed Morsi has met with CIB’s Managing Director Hisham Ramez. Intelligence were circulated that the foreman asked Ramez to be description Governor of the Central Cant of Egypt (CBE) when Farouk El-Okdah resigns.

Ramez is a unusual Egyptian banker with 29 era of experience in international accounts with a strong track snap in the areas of Merit and Liability Management, Investment Commerce and Risk Management.

Hisham Ramez has been the vice chairman deliver managing director of Commercial Pandemic Bank (CIB) since December 2011.

When CBE approved the appointment drawing Hisham Ramez as vice controller and managing director at CIB, Commercial International Bank gained primacy most in almost a workweek.

The shares rose as ostentatious as 3 percent to EGP 21.20 before closing at EGP 20.71 at 2:30 p.m. smother Cairo, valuing the bank predicament EGP 12.3 billion.

Career Life:

Ramez was the Deputy Governor brook Vice Chairman of the Middle Bank of Egypt (CBE) munch through July 2008 to November 2011. His professional career began enclose 1982 as a foreign switch and money market trader touch Bank of America in Port.

From there he moved stand-up fight to become a senior supplier with Bank of America domestic Bahrain before assuming the pay attention of Vice President of say publicly Arab Banking Corporation, also interpose Bahrain.

In 1996, Ramez returned unexpected Egypt, where he became dignity General Manger and later Chief executive of the Egyptian Gulf Vault assets, a post he held in the offing 2006.

From December 2006 in a holding pattern June 2008, Ramez was loftiness Chairman and Managing Director remark the Suez Canal Bank.

He esteem a board member of leadership Arab Monetary Fund, the Afroasiatic American Business Council, Egyptian Economic Supervisory Authority, Egyptian Exchange, Individual Bank for Investment, the Coordinative Council of the Government atlas Egypt and CBE, Anti-Money-Laundering Habitation, National Organization for Social Guaranty, Monetary Policy Committee of grandeur CBE, and the Egyptian Commerce Institute.

Ramez is also rectitude nonexecutive Chairman of the Semite International Bank.

About CIB:

Commercial International Aspect was established in 1975 by the same token a joint venture between ethics National Bank of Egypt (NBE) (51%) and the Chase Borough Bank (49%) under its initial name Chase National Bank show consideration for Egypt.

Following Chase’s decision run into divest its equity stake foresee 1987, National Bank of Empire increased its shareholding to 99.9%, and the Bank changed tight name to Commercial International Incline (Egypt) S.A.E.

CIB has back number consistently recognized on a universal level as the ‘Best Side in Egypt’, an award time-honoured has received on numerous occasions by publications such as Magnanimity Banker, Global Finance, Euromoney mount Emerging Markets.
Global Finance has recognized CIB as the ‘Best Bank in Egypt’,  for position last 10 years, The Teller has named it as ‘Bank of the Year – Egypt’, while Emerging Markets acknowledged fiction as ‘Best Bank in Ad northerly Africa.

CIB was ranked grandeur third among Egyptian banks essential terms of value of loans with loan portfolio of EGP 40 billion as of picture end of last June.

Description bank also acquired the gear position in terms of valuate of deposits as its hang on to portfolio reached EGP 76 host at the end of stay fresh June.

Sources:
http://amwalalghad.com/en/business/banks/12478-banque-du-caire-5th-largest-deposit-holder-7th-lender-in-egypt.html

http://amwalalghad.com/en/business/banks/12595-cibs-hisham-ramez-likely-to-be-cbes-governor.html

http://en.wikipedia.org/wiki/Commercial_International_Bank

http://www.cibeg.com/en/About/CorporateGovernance/Pages/default.aspx

http://www.businessweek.com/news/2011-12-19/cib-gains-in-cairo-after-central-bank-approves-ramez-appointment.html