CIB Celebrates Graduation of New Batch from Banking Credit for East Africa Program in Egypt
CIB, the largest private sector bank in Egypt, proudly celebrated the graduation of a new batch from its esteemed program, Banking Credit for East Africa. The program, specially designed to equip and empower young African professionals, aims to shape them into future leaders in the African financial and banking sector.
The Banking Credit for East Africa program spanned a rigorous 8-month training period, focusing on developing a wide range of skills and imparting essential knowledge of the banking sector, with a particular emphasis on credit. This comprehensive training enabled the graduates to make informed and sound lending decisions.
The program culminated in the successful completion of the final stages by 20 graduates from Kenya. These talented individuals are now fully prepared to leave their mark on the banking landscape of Africa.
The launch of the program aligned with CIB's strategic vision of expanding its influence in Kenya as a pioneer in the advancement of the banking sector in East Africa. This vision was initiated back in 2020.
By nurturing young African talents, the Banking Credit for East Africa program aims to support and strengthen the African financial and banking system. The trainees had the opportunity to learn from experienced trainers and professionals at the bank, with training conducted through a combination of physical and virtual lectures, providing diverse learning paths to enhance their knowledge base.
To mark this significant achievement, a grand graduation ceremony was held in Egypt, graced by the presence of Hisham Ezz Al-Arab, Chairman of CIB's Board of Directors, and esteemed representatives from the bank's senior management.
Expressing his immense pride in the accomplishments of the Banking Credit for East Africa program, Hisham Ezz Al-Arab emphasized its pivotal role in solidifying CIB's position as a leading force in the banking sector. He further highlighted the bank's recent full acquisition of Mayfair Bank in Kenya, which has bolstered their presence and forged stronger trade and investment relations between Egypt and Kenya.
This program serves as a testament to the collaborative efforts of the Egyptian government and the Central Bank of Egypt to strengthen ties with Africa and contribute positively to the continent's development.
With the successful completion of the Banking Credit for East Africa program, CIB continues to pave the way for a brighter future for the African financial and banking sector, fostering talent and promoting growth across the continent.