Moves: Paresh Suktankar selected as Fairfax representative in CIB board

MOVES- CIB non-executive board member Paresh Sukthankar (bio) has been selected by Canada’s Fairfax Financial Holdings to represent their investments in the bank, according to an EGX filing (pdf). Fairfax holds a 6.55% stake in CIB. Sukthankar will succeed Bijan Khosrowshahi (Linkedin) who is stepping down after six years on the board in compliance with the CBE’s corporate governance directives.