The Board of Directors of SAIB Bank will finalise its work strategy in the coming years by the end of this year, according to Tarek El-Kholy, chairperson and Managing Director of the bank.
El-Kholy became chairperson in August 2018. Before, he was the deputy governor of the Central Bank of Egypt (CBE) for the field supervision and central risks sector.
He said that the strategy will be presented to the board to be discussed before presenting it to the CBE for approval.
He declined to reveal the highlights of this strategy, but said it focuses on how to best serve customers.
El-Kholy indicated the appointment of two Deputy Managing Directors: Amr Attallah for the Business sector, and Afdal Naguib for the Control, Risk and Labour Systems sector.