Harvard Case Study Outlines the Success Story of “CIB”
“Leading the Transition in Times of Crisis”
Only last year Commercial International Bank Egypt (CIB), the country’s leading private sector bank, became the first Middle Eastern company to be analyzed in a case study conducted by the Leadership Institute of the London Business School (LBS) — one of the world’s top five business schools. CIB was selected in recognition of its data-driven, human-centric approach to leading transformation in the face of macroeconomic challenges.
Mr. Hisham Ezz Al-Arab, Chairman of CIB, addressing a prominent audience in London a year ago considered this achievement as “an international testament to the outstanding capabilities and competences of Egyptian organizations in the face of adversity.”
This year CIB again appears under the spotlights of globally acclaimed academia, this time across the Atlantic with Harvard University publishing a study conducted by its top brass researchers which outlines the success story of “CIB” published under the title of “Leading the Transition in Times of Crisis”.
This is perhaps the first time that Harvard University conducts such an extensive study on an Egyptian financial institution.
The study focused on CIB’s leadership in the field of data analysis and employment, which has paved the way to the restructuring of the banking sector in Egypt and the Arab region as a whole.
The Harvard study clearly demonstrates CIB’s determination to move ahead with its investment plans in spite of the turbulence witnessed by Egypt since 2011, and refers to the bank’s’ commitment to provide a wide range of financial products and services to all its clients, and placing customers and shareholders at the top of its priorities.
CIB’s continuous international recognition is a great reflection of the competitiveness of the Egyptian Banking Sector and the Egyptian private Sector at large.
GTM Staff – July 28th 2019