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CAIRO - Commercial International Bank (Egypt) SAE (CIB) has announced changes to its Board of Directors, with the departure of Mr. Paresh Sukthankar and Mr. Rajeev Kakar at the end of their terms. The bank expressed its gratitude for their significant contributions and wished them success in future ventures.
Following the approval of the Central Bank of Egypt, CIB has appointed Mr. Burkhard Eckes and Mr. George Anagnostopoulos as independent non-executive directors. Mr. Eckes, a former partner at PricewaterhouseCoopers, holds various board and committee positions across European financial institutions. Mr. Anagnostopoulos comes with over three decades of experience in the banking sector, including senior roles at Danske Bank (CSE:DANSKE) and advisory positions at McKinsey & Company.
CIB anticipates that the new board members will provide valuable expertise and insights, enhancing the board’s effectiveness and contributing to the bank’s long-term success and stakeholder value.
The information in this article is based on a press release statement.
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