Board Of Directors
Our board of directors are the backbone of ACI who establish strategic guidance that direct us toward prosperity and success. Members of ACI Egypt are in a large part engaged within the financial services, trading and sales environment in the global financial markets. Representing the Foreign Exchange, Interest Rate Products and other Securities, Banknotes & Bullions, Precious Metals, Commodities, various kinds of Derivatives and all related financial services.
Omar Khattab
Serves as Chairman of the Board for Arab African Investment Holding (AAIH) and Arab African International for Securities and Bonds (AAIS),
Omar Khattab
Serves as Chairman of the Board for Arab African Investment Holding (AAIH) and Arab African International for Securities and Bonds (AAIS),
Mr. Khattab has over 40 years of professional experience in banking, investment, and financial management,
including leadership in Treasury, Financial Institutions, and Investment divisions. His vast experience has played a
pivotal role in driving organizational success.
Mr. Khattab serves as Chairman of the Board for Arab African Investment Holding (AAIH) and Arab African International for Securities and Bonds (AAIS), he is a Board member at Egypt Post heading the Investment Committee, and Board member at National Bank Of Egypt heading the Audit Committee and a board member at Waves for Digital Transformation.
Moreover he is a member of the Investment Committee at the Chemical Industries Holding Co. He also is the President of the Financial Markets Association (ACI Egypt) and Egypt’s representative at the International Financial Markets Association in Paris (ACIFMA Paris) and a member of the Investment Committee.
Mr. Khattab held several positions, particularly within the Arab African International Bank such as being The Senior General Manager and the deputy general manager in the Investment and Treasury Division. He led the Trading Room and served as Group Treasurer and Financial Institutions Head. Before joining Arab African International Bank Mr. Khattab held roles at Arab International Bank (AIB) and Societe Arabe Int’l de Banque (SAIB), focusing on Dealing room, International Transactions and Clients’ Relationship.
Mr. Khattab holds a bachelor’s degree in Commerce from Cairo University and a Master's degree in Business Administration (Banking and
Finance) from the Arab Academy for Science and Technology.
Hesham Elbosaty
Group Treasurer & Head of Private Equity Finance EFG Hermes Holding S.A.E (HRHO.CA)
Non‐Executive Board Director at Credit Libanais Bank, and a member of the Audit
& Risk Committees
Independent Non‐ Executive Board Member at Enara Group (an Investment Platform
operating across the value chain of Clean Tech & Renewables in Egypt and Africa)
Funding | Investments | M&A’s | Energy | Financial Services | Private Equity
Hesham Elbosaty is a senior financial executive with over 20 years of experience assisting publicly listed and privately held
companies diversify funding sources, manage liquidity risk, and penetrate new markets. His career reflects a demonstrated
track record in leading successful large‐scale initiatives, optimizing financial management processes in complex, global
business environments, and executing M&As transactions across the deal lifecycle in different markets.
Throughout his career, he managed to raise more than US$ 10bn of funds on an international scale. Hesham brings passion for
business growth and deep corporate governance experience, through his work with regulated financial services companies,
listed companies, family‐owned businesses and through his work with corporate boards.
Hesham is currently a Managing Director at EFG Hermes – the leading MENA & Frontier markets Investment Bank – where he
leads the EFG Group Treasury and Capital Markets function across 13 markets. He built a competent team, introduced innovative
financial structures, strengthened controls, and fostered leadership. He successfully managed to grow the business 10x in 5
years and generate strong returns.
Additionally, Hesham oversees the Private Equity Finance teams operating in Renewable Energy, Healthcare, and Education
sectors. He is also a member of the Debt Capital Markets advisory group, a member of the Merchant Bank and Direct Lending
Committee in addition to being a member of the Management Committee of EFG Finance Holding (the bank’s NBFI platform
that includes Corporate Lending, Leasing, Factoring Securitization, Microfinance, Consumer Finance, Mortgage, and Insurance).
Prior to joining EFG in 2017, Hesham spent 15 years at PICO Group (top Egyptian Independent Group) where he held various
leadership positions across the Group’s diversified businesses and significantly contributed to their advancement and growth.
He led and managed award‐winning debt structures like Reserve Based Lending, pursued new ventures, structured
operations, and streamlined management processes. Notably during his time, he helped grow PICO’s petroleum division, from
a small local producer to the largest Independent Oil & Gas producer in Egypt and expanding into Europe, USA and Mexico.
Hesham holds an MBA from IE Business School in Spain, and a BA in Business Administration from the Arab Academy for Science
& Technology in Egypt. He is also a Certified Portfolio Manager and has two Diplomas in Banking Credit and Corporate Finance
from the AUC. Additionally, Hesham attended various executive education programs at The Wharton School, Euromoney, and
Eurofinance. Hesham also completed his Emerging Board Leadership Fellowship program that was delivered by Diversity on
Boards Organization and powered by HSBC.
He is also a member of several professional organizations including: the International Capital Markets Association (“ICMA”), the
ACI Financial Markets Association (“ACI”), the Egyptian Private Equity Association (“EPEA”) and the T20 for Egypt.
- Phone:+20100 599 9982
- Email:helbosaty@gmail.com
Amr Mostafa
Chief Treasury & Capital Markets Officer National Bank of Egypt
Amr Mostafa, in his capacity as Chief Treasury & Capital
Markets Officer, oversees the bank’s activities in Treasury &
Global Financial Markets, Assets & Liabilities Management,
Debt & Equity Capital Markets.
Mr. Mostafa is a member of NBE’s Executive Committee,
Assets & Liabilities Committee (ALCO), Cyber Security
Committee & NBE Funds Supervisory Committee.
With a career spanning over 35 years, Mr. Mostafa has
cultivated extensive international and multicultural expertise
in the global financial markets and investment management
arena. Prior to joining NBE in 2014, he held senior positions
in major financial institutions in Egypt and the Middle East,
including American Express Bank and Banque Du Caire in Egypt, Banque Saudi Fransi and Bank
Albilad in Saudi Arabia, and National Bank of Bahrain.
Mr. Mostafa is the Chairman of the Treasurers’ Committee at the Federation of Egyptian Banks
and a board member at MCDR (Misr for Central Clearing, Depository & Registry) , Egyptian
Mercantile Exchange (EMX), Al Ahly Exchange Co., and MEDCOM Aswan Co.
He also served on the board of Albilad Investment Co.-KSA, CI Capital Securities Egypt and
UAE, Tanmeyah Micro Enterprise Services, and Egyptian Telecom Co. for Information Systems
(XCEED).
Mr. Mostafa holds a bachelor degree in Banking Management from Sadat Academy for Management
Sciences. He is also an active member of various business and financial associations, including ACI
Egypt (Financial Markets Association), Egyptian Capital Markets Association (ECMA), AmCham,
and British Egyptian Business Association (BEBA).
Iman Sherif
Treasury Director, Export Development Bank of Egypt - Ebank.
After graduating from Cairo University in 1990 with a Bachelor's degree in Accounting, Iman joined the Banking sector working in Retail in her early years, then moving to Treasury back office before joining front office in 1998. With more than 25 years of experience in the Egyptian market, she is currently responsible for Ebank’s Treasury activities, supervising the bank's trading activities, asset liability management process and responsible for managing foreign currency risk, liquidity risk and interest rate risk.
Iman is a member of Asset Liability Committee ALCO, SME’s Credit Committee and Investment committee. She is also a board member & CEO of Egypt Capital Holding Company.
Iman is a Certified Board Member from Egyptian Institute of Directors in association with IFC.
She is a Certified Portfolio Manager, from CPM Institute, New York in collaboration with NYU School of Finance - Stern, New York.
Karim Ghanem
AAIB chief dealer
Karim Ghanem has over 25 years of experience in the banking and financial sector in Egypt, having started his career in 1999. Since 2015, he has served as Executive Vice President and Head of Treasury and Capital Markets at Al Ahli Bank of Kuwait – Egypt and Chairman of Al Ahli Bank Of Kuwait Leasing Company. In this role, he has been responsible for overseeing the bank's financial strategy and operations, and he is a member of the Executive Committee and ALCO, as well as the Chairman of the Market Funds Committee.
Prior to joining Al Ahli Bank, Mr. Bahgat worked at Piraeus Bank - Egypt from 2007 to 2014, where he held the position of Chief Dealer. In this capacity, he was responsible for managing treasury operations and played a key role in the bank’s acquisition by ABK Kuwait.
Mr. Bahgat’s professional journey began in 1999 at Misr International Bank – Egypt (MIBank), where he gained extensive experience in a variety of treasury-related roles, including Fixed Income Trader, Foreign Exchange Trader, and Money Market Trader. He also began his career as a Treasury Officer at Al Amin Technological Systems, which provided him with foundational expertise in financial markets.
In addition to his core responsibilities, Mr. Bahgat has been actively engaged in Egypt’s financial community. He has served as Chairman of Al Ahli Bank Of Kuwait Leasing Company and is currently a Board Member of The Financial Markets Association (ACI Egypt). He has also previously served as a Board Member of Piraeus Asset Management Company.
Mr. Bahgat holds a bachelor’s degree in commerce from Ain Shams University, where he majored in Accounting and minored in Business Administration. He has also contributed to the education of others, having served as a lecturer in MIBank’s & ABK’s organized credit course on Financial Markets.
Throughout his 25+ years in the financial sector, Mr. Bahgat has focused on contributing to the growth and success of the institutions he has worked with, while also supporting the development of Egypt’s financial landscape. He is respected by colleagues and peers for his thoughtful and strategic approach to financial management.
Wael Wagih
CEO & Managing Director- Asset Management- HC Securities & Investment
Mr. Wael Wagih joined HC in 2002, with more than 30 years of experience in the field of banking and financial markets. As chief executive officer, his responsibilities include managing assets invested in global debt markets and capital markets. Mr. Wagih manages a number of money market and balanced funds and capital protected fund for many banks inside Egypt of a regional and international nature,
In addition to several financial portfolios for many institutions and individuals with financial solvency.
Mr. Wagih’s responsibilities include setting the investment policy for asset management for all investments in fixed income instruments in addition to managing the cash surplus of all funds under the management of HC. He is a member of the investment committee and the investment risk management committee.
Prior to HC, Mr. Wagih worked for 9 years at the Commercial International Bank treasury and dealing room, managing the bank’s debt securities portfolios, Eurobond and international corporate bond portfolios, as well as its equity trading portfolio.
Mr. Wagih was the treasurer, board member, and member of the executive committee for ACI-Egypt (the Financial Markets Association-Egypt) from 2014 to 2023. He was a board member at Misr for Central Clearing Depository and Registry (MCDR) from June 2020 to September 2021.
He received his BA from the Faculty of Commerce and Business Administration (foreign trade), majoring in accounting, from Helwan University. He has completed a number of training programs at JP Morgan Chase Bank (London), Dresdner Bank (Frankfurt), and Crédit Agricole Indo-Suez (London). He has also completed the investment course provided by CIB, courses administered by the Institute for International Research, the Egyptian Capital Market Association, the Egyptian Banking Institute, and the Advanced Derivative Applications for Asset Managers from New York Institute of Finance. Mr. Wagih also received a treasury management diploma from the Frankfurt School of Finance and Management.
