UIB stock: UIB appoints Abdelkrim Hajjaji as chair. What it means for UIB stock

Published on 10/22/2026 at 02:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The governance change followed BCT approval on October 14, 2026. UIB stock gets context from TND 419.246 million in nine-month income, up 7.90 percent.

Governance and operating figures

Abdelkrim Hajjaji became UIB's non-executive chair on October 14, 2026.
Net banking income reached TND 419.246 million for the nine months through September 2026, up 7.90 percent.
Hajjaji brought more than 35 years of banking, finance and technology experience to the role.

UIB, TN0003900107, Illustration mit AI erstellt.

UIB appointed Abdelkrim Hajjaji as non-executive chairman on October 14, 2026, after his co-optation as an administrator and approval by the Central Bank of Tunisia, according to Managers. The governance change arrives alongside stronger operating figures for the first nine months of 2026.

Three dated developments shape UIB

The chronology starts on March 11, 2026, when UIB's auditors reported alleged irregularities involving customer savings accounts and estimated the affected amount at TND 557 thousand, as African Manager reported on October 18, 2026. On October 14, Hajjaji became chair after more than 35 years in banking, finance and technology, according to Managers. On October 20, the bank's nine-month operating update supplied the latest financial marker.

What does the 7.90 percent rise mean?

UIB's net banking income reached TND 419.246 million through September 2026, up 7.90 percent from TND 388.445 million a year earlier, according to Managers. The same report said net interest income rose 5.00 percent to TND 225.050 million, while net commissions increased 2.80 percent to TND 117.669 million. Operating expenses grew 2.20 percent to TND 219.707 million, leaving the cost-to-income ratio at 52.40 percent. Operating income rose 15.00 percent to TND 200 million.

The comparison is important because the reported growth was not uniform across the income statement. Securities portfolio income rose 28.10 percent to TND 76.527 million, while interest collected fell 5.20 percent from the prior year. Net customer loans stood at TND 6,517.326 million and customer deposits at TND 7,048.237 million through September 2026.

Governance adds a longer-term test

Hajjaji's appointment gives UIB a chairman with an international operating background, but the role is explicitly non-executive. Managers said he had served as global chief operating officer and executive committee member at Banco Santander Corporate and Investment Banking in London since 2014 before leaving those positions in September 2026. For investors, the combination of a governance transition and improved operating income makes execution and asset quality the next practical reference points.

UIB remains part of TUNINDEX20

The Tunis Stock Exchange bulletin dated September 28, 2026 listed UIB under ISIN TN0003900107 with the mnemonic UIB and included it among the 20 constituents of TUNINDEX20 from October 1, 2026. That listing provides the market context for the company while the latest nine-month figures provide the operating context.