About the Industrial Development Bank
The Industrial Development Bank was established in 1947 by
Law No. 131 of 1947, then the Ministry of Finance issued Resolution No. 65 of
1975 regarding the establishment of the Industrial Bank, then it was amended to
the Industrial Development Bank by Ministerial Resolution No. 144 of 1976. To
clarify the identity of the bank abroad, the word "Egyptian" was
added to it by virtue of Law No. 214 of 1991, so that the name of the bank
became "The Egyptian Industrial Development Bank". Then the Workers
Bank was merged into the Industrial Development Bank in October 2008, so that
the name of the bank became the Egyptian Industrial Development and Workers
Bank.
As a result of the development and diversification of the
bank's activity over the past three decades, and in order to be able to carry
out the tasks assigned to it of financing and developing industrial projects,
the bank's capital was increased several times, so that the authorized capital
became 5 billion pounds, and the issued and paid-up capital became 5 billion
pounds.
As part of an ambitious plan to expand its base and spread,
the Central Bank of Egypt approved changing the name of the bank to become
"Industrial Development Bank" IDB only as of October 2018.
The Industrial Development Bank IDB works to provide a
distinguished group of banking products and services to its clients from
individuals, institutions, and companies of various types and in all economic
and development activities, in addition to savings vessels with multiple
advantages and a specialized vision, in addition to providing the foreign
currencies necessary to import raw materials, machinery and equipment.
The bank also aims, through its distinctive packages of
advanced banking products and services, primarily to meet the diverse needs of
citizens at different levels in a way that achieves their satisfaction and
ensures high levels of quality and distinguished performance that benefits
everyone through the development role adopted by the bank and under the slogan
"We make a difference".
The bank's plan is based on expansion through a wide network
of branches covering strategic and vital areas in the governorates of the
republic, as the bank has about 26 branches in 17 governorates, as well as
leadership in the package of services it provides and the many activities it
carries out, whether at the level of individuals or companies, in a manner that
keeps pace with With its distinguished name and long history.
Vision:
Effective participation in Egypt's strategy for sustainable
development and providing innovative banking products that suit all customer
segments and provide them with an effective banking experience characterized by
speed and ease, and maximizing the bank's role in supporting and developing
various economic sectors in a way that achieves added value for society,
shareholders and employees.
Message:
Providing the bank's customers with a variety of banking
products and services characterized by speed and ease and providing advisory
services and innovative solutions based on technology while adhering to the
best banking practices, through:-
- Continuing to support various economic sectors in Egypt.
- Contributing to Egypt's strategy for financial inclusion
and green projects.
- Meeting the financial and non-financial aspirations of
shareholders.
- Increasing employee loyalty and performance based on
trust.
Hussein Refaie: We aim to make a significant leap in IDB’s performance and work hard as a team
Hussein Refaie, CEO and Managing Director of the Industrial
Development Bank revealed that the new Board of Directors aims to achieve a
significant shift in the Bank's performance in the coming period, armed with
the unique competencies of the new composition that the new Board has, which
will play a significant role in the implementation of a comprehensive
development plan of the Industrial Development Bank.
Refaie confirmed that the new Board of Directors and the
Executive management of the Bank will take quick steps to start working hard
and all will work as a team to achieve specific objectives, put the bank on
track of achieving strong growth in its indicators, and service and technical
performance in the Egyptian market, referring that the new executive management
will support the Bank's team with new competencies, and various support
programs for existing competencies will be offered, stressing "I trust
they can achieve our goals."
Join IDB Family - Available Opportunity
1) Information Security – G.R.C. - Risk Group
Key Responsibilities:
Risk Assessment:
Conduct regular risk assessments to identify vulnerabilities
and threats to the organization’s information assets.
Analyze the potential impact of identified risks and
recommend appropriate mitigation strategies.
Policy Development:
Assist in the creation, implementation, and maintenance of
security policies, procedures, and standards to ensure compliance with
regulatory requirements and industry best practices.
Update existing policies as necessary to adapt to evolving
threats and business needs.
Compliance:
Monitor and ensure compliance with applicable laws,
regulations, and industry standards (e.g., ISO 27001, NIST, GDPR and prefer to
familiar with Cyber security CBE framework).
Prepare documentation and reports for compliance audits and
regulatory reviews.
Incident Response:
Participate in the development and execution of incident
response plans to address security breaches and incidents effectively.
Support investigations and analysis of security incidents to
identify root causes and prevent recurrence.
Training and Awareness:
Develop and deliver security awareness training programs to
employees to promote a culture of security within the organization.
Stay updated on the latest security trends and threats,
sharing relevant information with the team and stakeholders.
Collaboration:
Work closely with IT and other departments to ensure that
security measures are integrated into all aspects of the organization’s
operations.
Collaborate with external vendors and partners to ensure
alignment on security practices and standards.
Reporting and Analysis:
Prepare regular reports on security metrics and compliance
status.
Analyze security data to identify trends and recommend
improvements.
Qualifications and Requirements: ·
· At least 1 year of experience.
· Bachelor degree in relevant major (Communication &
Computer Engineering – Computer Science …etc.) ·
· Very Good Command of the English Language
Interested applicants, please send your CV via email with subject (G.R.C.).
2) Now Hiring Fresh graduates with the below criteria for various functions:
· Cairo Resident
· Excellent command of English Language
· Class of 2023/2024
· Bachelor's degree in Commerce, finance, accounting, or any
similar field – English section is a must
Interested applicants, please send your CV via email with the subject (Fresh Grad.)