Egyptian developer Orascom Development appoints new chief executive – The National

Egyptian developer Orascom Development appoints new chief executive – The National

The Swiss-listed company has also made changes to its executive management team





























Jebel Sifah resort is a joint venture between Orascom Development Holdings and Omran. Courtesy Muriya Tourism Development





















July 30, 2020



July 30, 2020













Egyptian property and hospitality development firm Orascom Development Holding (ODH) appointed Omar El Hamamsy as its new chief executive and restructured its management team.



Mr El Hamamsy takes the helm of the company after its previous chief executive Khaled Bichara died in a car accident in Cairo in February.



Mr El Hamamsy joins ODH from McKinsey where he was a senior partner in the global management consultancy's Middle East office. In his 18 years at the consultancy, he led a number of practices including travel and transport. He also worked on transformations of multi-national companies in the Middle East and Europe and was part of a number of cross-border acquisitions and integrations of firms, according to an ODH statement on its website.





A graduate of Stanford University, Mr El Hamamsy previously worked for six years at