Suez Canal Bank Wins Best CEO Award 2022 from the International Finance (UK)

International Finance Magazine -IFM (specialized in the emerging markets) has awarded Hussein Refaie - Chairman of the Board of Directors and CEO of Suez Canal Bank (Scbank) “The Best CEO Award for 2022”.

IFM rewards it to the officials of the institutions that have provided the highest standards of development, growth and excellence throughout their organizations; this award proceeds post extensive process of evaluation by specialized consultants.

It is worth mentioning, that this honors is a reflection for the persistence of success for Scbank; after being ranked among Forbes' list of the 50 most powerful Egyptian organizations that are listed in the Egyptian stock exchange for 2022.

The award comes as a result of the apparent developments witnessed in the Bank during the past five years. Since assuming his role in 2017, Hussein Refaie has been able to restructure the Bank and expand all banking activities across the board, in addition to dealing with legacy files. Refaie established new departments in the bank, with the support of specialized and dedicated teams, such as Retail Banking Department, syndicated loans group and SMEs group. On the back of these newly created departments, the bank was able to introduce highly competitive financial products and services to the Egyptian market. In recognition of the efforts and achievements of the bank on many fronts, Scbank has been awarded 19 classified awards in past five years.