Saturday, December 21, 2024

Egypt’s Commercial International Bank names Tony Prestedge as executive board advisor

  • Commercial International Bank (CIB) in Egypt has hired Tony Prestedge as an executive advisor to its board of directors.
  • Prestedge is a veteran banker with experience in strategic reviews, corporate governance, digital transformation, and sustainability.
  • His previous roles include deputy CEO at Nationwide Building Society and Santander UK, where he led private banking and consumer finance.
  • Prestedge is expected to drive CIB’s transformation towards more accessible and digital financial solutions for customers.
  • He will step down from his current role as global head of banking and payments at Capco.
  • CIB also announced the appointment of Neveen Sabbour as non-executive chair and the reappointment of Hisham Ezz Al-Arab as CEO and board member.
  • These appointments aim to support CIB’s transformation efforts and future leadership development.

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