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Monday, 21 December 2020

Hazem El Far appointed Speed Medical MD

Speed Medical (SPMD) has appointed Vice Chairman Hazem El Far (LinkedIn) as managing director, following the resignation of Tariq El Qaii for personal reasons, the company said in an EGX filing (pdf).

The company is also now in compliance with the regulator’s diversity targets: SPMD appointed Shadia El Haddad as an independent, non-executive board member, complying with the Financial Regulatory Authority’s requirement to have at least one woman board member by the end of 2020. Just under half of the EGX30’s constituents still have all-male boards. SPMD is not one of the 30 companies in the benchmark index.

Meanwhile, at the Constitutional Court: Khaled Raafat El Desouki, Alaeddin Ahmed El Sayed, and Fatima Muhammad Al-Razzaz have been appointed as deputies to the head of the Supreme Constitutional Court, following a decision by President Abdel Fattah El Sisi, as published by the Official Gazette on Sunday.

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