In September 2024, Hussein Majid Abaza took over as CEO of Banque du Caire, following his successful stint as CEO of Commercial International Bank (CIB). His leadership at CIB was marked by substantial growth and operational success, which he now brings to Banque du Caire. The bank has seen exceptional performance in 2024, with net profits increasing by 120%, reaching EGP 5.7 billion in the first half of the year. This figure is a significant jump from the EGP 2.6 billion reported in the same period in 2023, showcasing Abaza’s ability to drive growth and profitability.