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Salim Sfeir

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Salim Sfeir
Born (1944-09-18) September 18, 1944 (age 80)
NationalityLebanese / Swiss
EducationUniversité de Montréal
University of Detroit
Occupation(s)Banker, financier
FatherGeorges Salim Sfeir

Salim Georges Sfeir (born 18 September 1944) is a Lebanese – Swiss banker and financier. He is the chairman and Chief Executive of Bank of Beirut S.A.L in Beirut, Lebanon since 1993 and the chairman of Association of Banks in Lebanon since June 29, 2019.[1][2]

Early life and education

Salim Sfeir was born on September 18, 1944, and raised in Beirut. He received his B.S.S. degree in economics from the Université de Montréal and his Masters of Business Administration from the University of Detroit Mercy.[3] As an educator, Sfeir lectured at Lebanese University, Beirut University College, Haigazian College, l’Université Saint-Joseph and Le Centre d’études bancaires.

In the years to follow, he was appointed trustee on the board of directors of the Lebanese American University (LAU), Beirut and Byblos; vice-chairman of the board of trustees of the University of the Holy Spirit (USEK);[3] member of the board of trustees AMIDEAST; and vice-chairman of the American Friends of the Middle East, Beirut.

Sfeir has been associated with the newly commissioned Salim Sfeir Building at the School of Business Administration at USEK, the Holy Spirit University of Kaslik, being awarded honorary degrees at both USEK and the American University of Science and Technology (AUST).[4][5]

Career

Sfeir began his career in finance with the Bank of Nova Scotia. (Years later he would acquire the Bank of Nova Scotia branch in London.) By 1980, he joined Bankmed in Beirut as Deputy General Manager. Three years later, he formed Wedge Bank (Middle East) as General Manager, and in 1987 launched Wedge Bank Switzerland as Chief Executive and vice chairman.[6][7]

The turning point came with the management buy-in of Bank of Beirut in 1993. This local bank eventually expanded to nine countries on four continents. Today, Bank of Beirut comprises more than 100 branches and strategic business units internationally.[8]

In close association with His Beatitude Bechara Boutros Al Rahi, the patriarch of the Maronite Church, Sfeir formed the World Maronite Foundation for Integral Development, whose mission is to harness the full potential of the Church and its adherents, to ensure funding from Lebanese nationals and the diaspora.[9][10][11][12][13]

In 2019, Sfeir was unanimously elected as chairman of the influential Association of Banks in Lebanon (ABL). He was reelected the 29 June 2021.[14]

Honours and awards

Sfeir has been recognized through many honors internationally, including:

  • Inauguration of the Library of the Pontifical Maronite College in Rome[15]
  • Medal of Saint Maroun by Mar Bechara Boutros El Rai, Patriarch of Antioch[16]
  • Honorary Doctorate in Humane Letters Honoris Causa, Lebanese American University[17]
  • Knight Commander of the Pontifical Order of Pope Saint Sylvester[18]
  • Medal of the National Order of the Cedar conferred by President Michel Suleiman[19]
  • Medal of the Maronite Patriarchate, Maronite Patriarch of Antioch[20]

See also

References

  1. ^ "Salim Sfeir elected chairman of Association of Banks in Lebanon". The Daily Star. 29 June 2019. Archived from the original on 23 October 2021.
  2. ^ "Salim Sfeir slated to chair Association of Banks".
  3. ^ a b "Dr.Salim Sfeir". Holy Spirit University of Kaslik.
  4. ^ "Salim Sfeir, docteur honoris causa de l'USEK". L'Orient le Jour. 16 April 2014.
  5. ^ "AUST Awards Dr. Salim Sfeir and Dr. May Chidiac Honoris in Humane Letters". Ecity. AUST Magazine.
  6. ^ "People: Bank of Beirut SAL (BOB.BY)". Reuters UK. Archived from the original on 2019-03-27.
  7. ^ "Salim Sfeir chairman/CEO, Bank Of Beirut". Bloomberg.
  8. ^ "BoB in 9 countries and 4 continents". Bank of Beirut.
  9. ^ Signature of, MOU. "Signature of MOU". NDU.
  10. ^ "11TH NDUIFF GOLDEN OLIVE AWARDS CEREMONY". NDU.
  11. ^ "LAU Beirut class of 2017 urged to "breathe new life" into Lebanon". LAU Beirut.
  12. ^ "AUST's Innovation & Entrepreneurship Competition and Gala Dinner". American University of Science and Technology.
  13. ^ "Salim Sfeir awarded the Lebanese Diaspora Energy Award". LBCI International.
  14. ^ "Salim Sfeir réélu à la tête de l'Association des Banques du Liban". 29 June 2021.
  15. ^ "Inauguration de la Bibliothèque Salim Sfeir pour le patrimoine maronite à Rome". L'Orient le Jour. 14 February 2017.
  16. ^ "El Rai Honors Sfeir with Medal of Saint Maron". Association of banks in Lebanon.
  17. ^ "LAU announces its 2017 commencement honorary degree recipients". Lebanese American University. Retrieved 27 March 2019.
  18. ^ "The Pope bestowed upon Dr.Sfeir". Lebanese Forces. 2 March 2016.
  19. ^ "Salim Sfeir". USEK. Retrieved 27 March 2019.
  20. ^ "Patriarch RAÏ awards Salim Sfeir the Medal of the Maronite Patriarchate". Association of Banks In Lebanon. Retrieved 27 March 2019.
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