The Daily News Egypt

El-Sharkawy appointed head of MIDB

Bank honours Ismail Hassan, former chairperso­n, with attendance of Amer, El-Okda, Ramez, several banking, stock exchange, financial institutio­n officials

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The Central Bank of Egypt (CBE) has approved the appointmen­t of Ashraf El-Sharkawy, former public business sector minister, as chairperso­n of Misr Iran Developmen­t Bank (MIDB), replacing Ismail Hassan,the bank’s former chairperso­n, according to the bank’s Managing Director Amr Tantawy.

This came during a ceremony held last week by MIDB for Ismail Hassan, the former chairperso­n and managing director of MIDB.

The ceremony was attended by a large number of officials of the banking and financial sector, spearheade­d by CBE GovernorTa­rekAmer;Hisham Ezz Al-Arab,head of the Federation of Egyptian Banks and chairperso­n of CIB;Hisham Ramez,chairperso­n ofArab Internatio­nal Bank and former CBE governor; former CBE governor Farouk El-Okda; Sahar Nasr, minister of investment and internatio­nal cooperatio­n; and a large number of banks, stock exchanges and financial institutio­ns’ officials.

For his part,Amer stressed the distinguis­hed role played by Ismail Hassan and his love and appreciati­on for his great stature in the banking field.

Amr Tantawy also expressed his gratitude and appreciati­on to Ismail Hassan for all his efforts in serving the banking sector in all the different leadership positions he held in many banks, including his role as governor of the Central Bank of Egypt.

 ??  ?? ceremony held last week by MIDB for Ismail Hassan, the former chairperso­n and managing director of MIDB
ceremony held last week by MIDB for Ismail Hassan, the former chairperso­n and managing director of MIDB
 ??  ?? Ashraf El-Sharkawy, chairperso­n of Misr Iran Developmen­t Bank (MIDB)
Ashraf El-Sharkawy, chairperso­n of Misr Iran Developmen­t Bank (MIDB)

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