♥ The American University in Cairo (AUC) signed an agreement with the Commercial International Bank (CIB) Egypt to establish the CIB Endowed Professorship in Banking to promote knowledge of banking through teaching, research and service. “AUC is always proud to be both at the cutting edge of research and education and of service to Egypt. This chair represents this dual commitment at its best,” said AUC President Lisa Anderson at the ceremony celebrating the signing of the CIB Professorship in Banking. “The research that will be done by the holder of this chair, and by his or her students, will serve not only to enhance our understanding of the world of finance but will have tangible and practical effects on the well being of millions of Egyptians,” Anderson added. Hosted by President Anderson at AUC New Cairo, the signing ceremony attendees included CIB Chair and Managing Director Hisham Ezz Al-Arab, Provost Amr Shaarawi, Dean of the School of Business Sherif Kamel, and members of the CIB executive team, members of AUC's Office of Institutional Advancement as well as AUC's School of Business. “The main objective of establishing the CIB Professorship in Banking is to design and implement a banking curriculum in different educational programmes, which will provide this essential training to students,” said Ezz Al-Arab.