FABMISR, one of the largest foreign banks operating in Egypt, announced new appointments to its Board of Directors to strengthen its pioneering position in the nation’s banking sector and accelerate its growth.
FABMISR, a subsidiary of the UAE-based First Abu Dhabi Bank (FAB) Group, has added six new Board members, including leaders from the UAE and Egypt. They include: His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology; H.E. Mohamed Hasan Alsuwaidi, UAE Minister of Investment; H.E. Eng. Yasser Al Kady, former Egyptian Minister of Telecommunications & Information Technology; H.E. Syed Basar Shueb; Dr. Ibrahim Sarhan; and Ms. Hana Al Rostamani, Group CEO of FAB Group.
The latest announcement underlines FABMISR’s commitment to exceeding customer expectations while offering best-in-class banking services and innovative solutions on a retail and corporate front. The Board of Directors’ diverse experience, professional backgrounds, and shared vision will drive the Group’s leadership in the financial and banking sectors nationally and beyond, and contribute to Egypt’s economic development.
The addition of the new board members is expected to directly enhance FABMISR’s innovative pool of banking services to lead the evolving banking sector, and elevate the bank’s ability to meet the needs of its clients and overall market.