Hazem Hegazy named CEO of Al Baraka Bank Egypt subject to Central Bank approval

Hazem Hegazy named CEO of Al Baraka Bank Egypt subject to Central Bank approval

Published 24 Aug,2021 via Daily News Egypt - Hazem Hegazy was appointed as Vice Chairperson and CEO of the Al Baraka Bank Egypt, subject to the approval of the Central Bank of Egypt (CBE).

The Al Baraka Bank said, in a statement to the Egyptian Exchange (EGX) on Tuesday, that the bank’s outgoing Vice President and CEO Ashraf Al-Ghamrawy, and outgoing Executive Vice President Sami Abdel Gawad have submitted their resignations effective as of 1 October and 22 September, respectively. The Board accepted both resignations.

Hegazy, who is currently the Vice Chairperson of Banque du Caire, is scheduled to assume his new position on 1 October after he resigns from Banque du Caire.