ADCB Egypt Unveils New Board of Directors to Drive 2028 Strategic Goals
Abu Dhabi Commercial Bank – Egypt (ADCB – Egypt) has officially introduced its new Board of Directors following the annual general assembly meeting and approval from the Central Bank of Egypt (CBE).
Comprising a diverse group of industry experts from various nationalities, the new Board is set to bolster ADCB – Egypt’s growth trajectory, aligning with its strategic plans initiated during the Bank’s rebranding in 2020. The Board, consisting of seasoned professionals in banking, management, law, and investment sectors, is committed to steering the Bank towards its ambitious 2028 strategy while upholding regulatory standards and international best practices.
Noteworthy is the Board’s adherence to governance and sustainability norms, ensuring robust oversight, safeguarding shareholders’ rights, upholding the Bank’s reputation, and fostering value creation for all stakeholders, including customers, employees, and the broader community.
Emphasizing inclusivity, the new Board features two female directors in compliance with CBE regulations and national efforts for gender diversity and empowerment. Additionally, the inclusion of two independent non-executive members underscores the commitment to impartial decision-making and management processes as stipulated by CBE guidelines.
The distinguished members of ADCB Egypt’s new Board of Directors are:
- – His Excellency Mohamed Dhaen Mahasoon Alhamli – Chairman of the Board (Non-Executive)
- – Mr. Ihab ElSewerky – Managing Director and CEO (Executive)
- – Mr. Hisham Abbas – Member of the Board of Directors (Executive)
- – Mr. Robert Muller – Member of the Board of Directors (Non-Executive)
- – Mr. Ludovic Nobili – Member of the Board of Directors (Non-Executive)
- – Mr. Abdulaziz Almoosa – Member of the Board of Directors (Non-Executive)
- – Mr. Sundar Parthasarathy – Member of the Board of Directors (Non-Executive)
- – Dr. Ingy Badawy – Member of the Board of Directors (Independent, Non-Executive)
- – Dr. Merit Salama Naguib Alsayed – Member of the Board of Directors (Independent, Non-Executive)
