Al Baraka Bank Egypt appoints Hazem Hegazy as Vice Chairperson and CEO, releases its financials

EGYPT – Al Baraka Bank Egypt, the Egyptian subsidiary of Bahrain headquartered leading Islamic banking multinational Al Baraka Bank, has appointed Hazem Hegazy as Vice Chairperson and CEO, subject to the approval of the Central Bank of Egypt (CBE). The Al Baraka Bank said, in a statement to the Egyptian Exchange (EGX), 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…

Read More