International Union of Banks (UIB) Elects New Administrator
The International Union of Banks (UIB) held its elective general assembly on March 6, 2026. Shareholders unanimously elected Mondher Benzarti as the administrator representing minority shareholders on the Board of Directors.
Key Details of the Election
- Term Length: Mondher Benzarti's term will last for 3 years and will end after the Ordinary General Assembly that will review the accounts for the 2028 fiscal year.
- Regulatory Approval: In accordance with current regulatory provisions, his candidacy will be subject to approval by the Financial Market Council (FMC) and the Central Bank of Tunisia (CBT).
This election marks an important milestone for the UIB, and the new administrator is expected to play a key role in shaping the bank's future direction.