CAC Bank Signs Joint Cooperation Agreement with Arab Academy to Build and Update the Bank's Strategic Plan

Sadaa Al-Hakika : Exclusive

The Executive Vice Head for Supporting Operations and Chairman of the Planning Committee at CAC Bank, Mr. Shukayb Alewa, signed the agreement with his counterpart, Dr. Mohammed Hussein Abu Sab'a, Secretary General of the Aden branch of the Arab Academy for Banking and Financial Science, this morning. The agreement aims to provide advice in building and preparing the bank's strategic plan for 2025-2030 using technical methods that ensure quality factors and good performance.



The agreement, which was signed at the bank's headquarters in Aden in the presence of the Acting Chairman of the Board and CEO of the bank, Mr. Hashid Al-Hamdani, included several binding clauses during the extended period to develop and build the capacities of CAC Bank's staff.



Bank CEO Mr. Hashid Al-Hamdani emphasized the importance of the agreement, noting that building the bank's strategic plan requires studied steps to develop capacities and enhance opportunities in order to achieve the bank's long-term general objectives through modern and advanced methods to build a clear vision in setting priorities in line with needs and risk mitigation.



Al-Hamdani explained that entrusting the advice in signing this agreement to the Arab Academy for Banking and Financial Science was due to it being a specialized entity with high advisory capabilities that will, God willing, achieve tangible, advanced, and distinct results.