Credit Agricole Egypt appoints new CFO + Talaat Mostafa Group gets a new CEO
Credit Agricole Egypt has appointed Ravinarayanan Iyer (LinkedIn) as its new chief financial officer, replacing Hany Nassef, who stepped down in December, the bank announced in a regulatory filing (pdf) yesterday. The bank also appointed Osama Saleh as its new non-executive chairman, to replace Assem Ragab, whose term has ended; and Michel Le Masson (LinkedIn) as non-executive vice chairman. All changes are pending approval from the Central Bank of Egypt.
Talaat Moustafa Group (TMG) chairman Tarek Talaat Mostafa has become a non-executive chair of the company, according to an EGX disclosure (pdf). Hisham Talaat Mostafa was reappointed as company CEO and managing director.
Rear Admiral Nihad Shaheen Ali has been appointed chairman of the Alexandria Port Authority by Transport Minister Kamel El Wazir, according to a ministry statement. Ali previously served as the authority’s vice chairman for financial, administrative, commercial and engineering affairs, and replaces Tarek Shaheen who was reassigned to work as an advisor to the ministry.
Former vice chairman of the Red Sea Ports Authority Rear Admiral Ahmed Abdel Moati Mohamed Hawash has been appointed chairman of the Damietta Port Authority, according to the statement. Hawash replaces Walid Mostafa Awad Al Sayed, whose term has ended.