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Thursday, 17 December 2020

Because Egyptians are everywhere

Two Egyptians are now leading multinational telecoms giants: Hatem Dowidar (Linkedin) has been appointed CEO of Etisalat Group after acting as interim CEO of the Emirati telecom giant since May 2020, according to an Abu Dhabi Securities Exchange filing. Dowidar was previously CEO of Etisalat International and the group’s COO. Meanwhile, Ahmed Essam (Linkedin) has been appointed as Vodafone UK CEO, effective 1 February, succeeding Nick Jeffery who will take on a role outside the company, according to a press release. Essam, who has been the group’s Chief Commercial Operations and Strategy Officer since 2018, will remain on the Vodafone Group executive committee.

In other Vodafone moves, Alexandre Froment-Curtil (Linkedin) — who was previously the CEO of Vodafone Egypt and Turkey — has been promoted to Vodafone Group CCO.

National Bank of Egypt CFO Wael Abou Ali (Linkedin) has been named as interim managing director of the Arab Investment Bank (AIB) until EFG Hermes and the Sovereign Fund of Egypt complete their due diligence examination ahead of a potential acquisition of a 76% stake in AIB, according to Masrawy. Abou Ali will continue to hold his position at NBE.

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