CIB Included Gender-Equality Index (GEI) in 2023 Bloomberg for Fifth Consecutive Year

by Asmaa Elwahy

CIB Included Gender-Equality Index (GEI) in 2023 Bloomberg for Fifth Consecutive Year

 

Commercial International Bank (CIB), Egypt’s leading private sector bank, is pleased to announce that it has been included in the 2023 Bloomberg GEI for the fifth year in a row. This achievement is an appreciation of the Bank’s efforts in providing a safe workplace that honors diversity, equality, and inclusion, which in turn promotes individual and collective employee development and improves communication.

The Bloomberg GEI is a global modified market capitalization-weighted index that collects gender-related social metrics and data performance from publicly held companies committed to transparency in gender-related reporting and implementing gender equality in their workplaces.

Hussein Abaza, CEO, and Managing Director: We are extremely proud of this achievement, which highlights our continuous efforts in implementing gender equality principles in the workplace and our surrounding communities.

He went on: The Bank is committed to improving its policies by providing equal pay and opportunity to men and women and enforcing anti-discrimination policies, which creates a safe and inclusive work environment that can attract talents and foster innovation.

Peter Grauer, Chairman of Bloomberg: CIB’s dedication to issuing annual gender-related reports reflects its commitment to fairness and equality among employees and in its policies and activities.

He continued: The Bloomberg GEI’s strong reporting framework helps companies measure their commitment to gender equality and ability to positively affect their communities.

CIB is one of 485 companies across 45 countries and regions to join the 2023 index, underscoring its commitment to transparent gender-related reporting through the standards of the index.

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