MOVES- Raya Holding has tapped Ahmed Khalil (LinkedIn) as the group’s CEO and managing director, according to a statement (pdf). Khalil has been with the group for 12 years, including five years at the helm of subsidiary Raya Restaurants and another four as CEO of Raya Smart Buildings.

Odile Renaud-Basso has been elected president of the European Bank for Reconstruction and Development (EBRD), succeeding Suma Chakrabarti, who stepped down in July after serving at the helm of the bank for eight years, the EBRD said in a statement. Renaud-Basso is currently the director-general at the French Treasury and will assume her new position later this year.

Ahmed El Khouly (Linkedin) has been appointed as the head of the treasury department at Egypt Post, according to Hapi Journal. El Khouly was previously the head of treasury at Ahli United Bank, the United Bank of Egypt, and the Housing and Development Bank.

The Holding Company for Mineral Industries has accepted the resignation of Egypt Iron and Steel’s chairman and members of the board and nominated Ali Bakheet as interim managing director, according to an EGX filing (pdf).