2014-03-16

Providing the Central Bank of Egypt with the names of the candidates representing the membership or chairmanship of the board of directors of any of the sister or subsidiary banks abroad and the executive director of the bank branches abroad.

Hisham Ramez Abdel Hafez, the Chairman of the Board of Directors, is writing to inform the recipient of the requirements for verifying the suitability of candidates for senior positions in banks, as per the Central Bank and Banking System Law No. 88 of 2003 and the decision of the Egyptian Central Bank's Board of Directors in its session held on April 6, 2004. He requests that the recipient submit the names of candidates for membership or chairmanship of the boards of sister or subsidiary banks abroad, or for the position of executive director of bank branches abroad, along with their CVs, statements, and declarations, to obtain prior approval from the Egyptian Central Bank.

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governance