CIB's Hisham Ezz Al-Arab receives Global Finance Lifetime Achievement Award
Joseph D. Giarraputo, Founder and Editorial Director of Global Finance, said Ezz Al-Arab's leadership had a transformational impact on Egypt's banking sector.
'Hisham Ezz Al-Arab's visionary leadership has had a transformational impact on Egypt's banking sector, and has elevated CIB into a globally recognised institution and the country's most successful private-sector bank,' said Giarraputo. 'His commitment to innovation and excellence has set new benchmarks in the industry, making him a truly deserving recipient of Global Finance's Lifetime Achievement Award.'
Ezz Al-Arab served as Chairman and Managing Director of CIB from 2002 to 2020. During that time, the bank's market capitalization increased from $200m to over $6bn.
In 2020, Ezz Al-Arab stepped aside from CIB and launched HE Advisory, a consulting firm focused on supporting organisations, particularly fintech companies, in risk management, growth strategies and fundraising.
He returned to CIB in 2022 as a non-executive director, leading the bank's expansion strategy in Eastern Africa. In 2023, Ezz Al-Arab was named Chairman of CIB, and in September 2024, he was reappointed as CEO, reinforcing his leadership role. His vision continues to shape CIB's strategy, which has a focus on digital transformation, sustainability and regional growth.
Before joining CIB in 1999, Ezz Al-Arab held senior positions with Merrill Lynch, Deutsche Bank, and JP Morgan in London.
Beyond his banking career, Ezz Al-Arab is also involved in social causes. He chairs the CIB Foundation, a non-profit organisation that aims to improve health and nutrition for underprivileged children across Egypt.
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