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The Industrial Development Bank (IDB) held a ceremony to honor the members of its former Board of Directors, chaired by Ms. Ghada El-Baily. This recognition comes as part of the bank’s policy that places loyalty and dedication at the forefront of its core values, considering them essential pillars of institutional success.

The event was attended by Mr. Akram Tinawi, Non-Executive Chairman of the Board; Mr. Hussein Refai, CEO and Managing Director; Ms. Mennan Awadallah, Deputy CEO; in addition to the members of the current Board of Directors and heads of departments.

During the ceremony, the former board members were honored: Mr. Abdel Halim Omar, Engineer Yasser Assem, Mr. Mohamed Fathy, and Mr. Ali Shalaby, with special recognition to Ms. Ghada El-Baily, the former Chairwoman of the Board.
In this context, Mr. Akram Tinawi, Non-Executive Chairman of the Board, expressed his deep gratitude for the contributions of the former board members, saying:
"The efforts of these leaders were a model of dedication and commitment. Their hard work during their tenure was greatly appreciated."

Mr. Hussein Refai, CEO and Managing Director of the bank, also expressed his pride in the outstanding contributions of the former board members, noting that their term was filled with challenges. Their sincerity and devotion in delivering their best efforts were key factors in achieving accomplishments that enhanced the bank’s status and positively impacted its performance.

Refai added:
"This honor is not merely a token of appreciation for their hard work but also a message of respect to everyone who contributed to building this esteemed institution. We aspire for all to continue the journey of dedication and build upon the efforts that have been made."

The ceremony concluded with the presentation of honorary shields to the former board members in a festive atmosphere that reflected a spirit of goodwill and appreciation. The Industrial Development Bank continues, with a clear vision for the future, to affirm its commitment to recognizing and honoring all who contribute to its progress, believing that dedication and sincerity are the foundations of any institution’s success.