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Monday, 16 May 2022

KarmSolar appoints new CFO

Egyptian solar player KarmSolar has appointed Nabil Kammoun (LinkedIn) as its new chief financial officer, according to a press release (pdf). With almost two decades of experience in the energy sector, Kammoun joins the firm after spending 10 years at Baker Hughes, where he served as a finance director for various divisions covering Europe, North Africa, MENATI (MENA + Turkey and India)and Africa.

US private equity firm Clayton, Dubilier & Rice (CD&R) has appointed Amr Nosseir (LinkedIn) as a senior advisor, according to a press release (pdf). Nosseir, who has 30 years of experience working with investors in the Middle East, will “focus on reinforcing ties with existing limited partners and establishing new, trust-based relationships with investing organizations and families,” the statement said, under CD&R’s plan to expand relationships with investors in the region. He joins the firm from CVC Capital Partners, where he served as the chairman and managing director of its Middle East division.

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