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Sunday, 3 April 2022

TE’s Osman gets third term after rule change, EFG Hermes appoints COO at Vortex Energy

Magued Osman has been reappointed as chairman of Telecom Egypt for a third term, according to an EGX disclosure (pdf) filed Thursday following an extraordinary general meeting. Company rules had prevented people from serving more than two three-year terms, but shareholders agreed to amend the rules during the meeting, allowing chairpeople to serve more than two terms if approved by the communications minister. Adel Hamad will also serve a second term as the company’s CEO and managing director after being reappointed during the meeting.

EFG Hermes-led Vortex Energy has appointed Ana Peris Caminero (Linkedin) as chief operating officer and a member of the investment committee, according to a press release (pdf). Caminero was most recently director of renewable business development at Spain’s Naturgy. Prior to that, Caminero worked with Unión Fenosa and Eurelectric in the power generation business and greenfield project development.

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