A merger over a decade ago created what is in 2018 the Middle East’s best bank, Emirates NBD. In 2017, another merger created the region’s biggest bank. So far, the signs suggest FAB will be successful. But in 2018, the bank that wins best bank transformation is Commercial International Bank (CIB). CIB has made an impressive shift over the last decade and a half from its origins as a relatively small corporate-focused bank towards a sustainably profitable institution that offers international investors exposure to the Egyptian consumer story. Hisham Ezz Al Arab has been chairman and managing director throughout this period.
May 08, 2018