National Bank of Egypt, Banque Misr chairmen reappointed for three-year terms
MOVES- National Bank of Egypt and Banque Misr bosses get three more years in office: A statement (pdf) says that Hisham Okasha will remain as NBE’s chairman, while Yehia Aboul Fotouh and Dalia El Baz will also stay on as deputy chairs for the three-year period. Mohamed El Etreby will also retain his position as Banque Misr chairman, with Hossam El Din Abdel Wahab and Akef El Maghraby staying on as deputy chairmen for three years. The appointments were approved by Prime Minister Moustafa Madbouly.
MOVES- Ghada El Bialy (LinkedIn) will succeed Maged Fahmy as the new head of the Industrial Development Bank, Al Masry Al Youm reports. El Bialy, who will serve a three-year term, was previously an exec at the National Bank of Egypt. Hamdi Azzam will continue to serve as the bank’s deputy president.
MOVES- Four state-owned newspapers have new chief editors following a meeting by the National Press Authority on Saturday. Ahmed Galal will take the reins over at Akhbar Al Youm, replacing Yasser Rizk who has held the post since 2014. Mohamed Abu Haggag will head the Dar El Tahrir institute, which publishes the Al Gomhouriyah daily, while Ayman Fathy Tawfik will head Rose El Yusuf. Ahmed Moustafa will now also take charge of the Dar Al Hilal institute.
Abd El Mohsen Salama will stay on as the head of Al Ahram, while Ali Hassan will continue to run the MENA news agency. Said Abdo will continue to helm the Dar Al Maaref institute, the authority said.