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Commercial International Bank (CIB) - Egypt's Board of Directors accepted the resignation of independent non-executive board member Mr. Jay-Michael Baslow. The resignation was accepted during a board meeting on March 25th, 2024, and is effective from March 31st, 2024.
| Date | 26 Mar 2024 |
| Time | 07:49:33 |
| Category | Board changes |
| ID | 3153I |
RELEASE
CAIRO - March 25th, 2024
In acknowledgment of Mr. Jay-Michael Baslow's wish to step down from the Board as an independent non-executive board member due to family reasons, Commercial International Bank (CIB) - Egypt's Board of Directors has accepted in its board meeting today Mr. Baslow's official resignation effective March 31st, 2024. With their best wishes for him in his next chapter, the Directors of the Board expressed their deep appreciation and gratitude to his dedication and valuable contribution during his service at the Board where he also chaired the Risk Committee.
END OF RELEASE