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EFG Hermes Holdings SAE (HRHO.CA)

HRHO.CA on Cairo Stock Exchange

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Summary

Name Age Since Current Position

Mona Zulficar

2008 Non-Executive Chairman of the Board

Karim Awad

2014 Chief Executive Officer, Executive Member of the Board

Yaser Al Mallawany

2014 Non-Executive Vice Chairman of the Board

Mohamed Abdel Khabir

2016 Group Chief Financial Officer

Mostafa El Chiati

CEO of EFG Hermes UAE and Group Chief Coverage Officer

Walid Hassouna

2016 Chief Executive Officer of EFG Hermes Finance and Head of Debt Structuring Division

Mohamed El Wakeel

2017 Group Chief Operating Officer

Inji Abdoun

2017 Group Chief Human Resource Officer

Abdel Wahab Gadayel

2013 Group Chief Risk & Compliance Officer

Ahmed Shams El Din

Managing Director and Head of Research

Hanzada Nasim

Head of Investor Relations Strategy & Investor Relations

Mohamed Ebeid

2017 Co-Chief Executive Officer - Investment Bank

Mohamed Fahmi

Co-Head of Investment Banking

Mostafa Gad

Co-Head of Investment Banking

Karim Mousa

2017 Co-Chief Executive Officer, Investment Bank

Nabil Moussa

Managing Director – Head of Asset Management, Egypt

Ahmed Waly

Head of Securities Brokerage & CEO of EFG Hermes IFA

Abdullah Khalil Al Mutawa

2017 Non-Executive Member of the Board

Khalid Al Otaiba

2017 Non-Executive Member of the Board

Jean Cheval

69 2016 Non-Executive Member of the Board

Simon Eedle

2016 Non-Executive Member of the Board

Marwan Elaraby

Non-Executive Member of the Board

Zubyr Soomro

2017 Non-Executive Member of the Board

Ramzi Zaki

2017 Non-Executive Member of the Board

Takis Arapoglou

63 Non-Executive Independent Member of the Board

Biographies

Name Description

Mona Zulficar

Ms. Mona Salah Alddin Zulficar serves as Non-Executive Chairman of the Board of EFG-Hermes Holdings, SAE since 2008. She has more than 35 associates. She is one of the founding partners of Zulficar and Partners Law Firm. Prior to her current position, she joined the Shalakany Law Firm in 1976 as an economic analyst, becoming a partner in 1978, a senior partner in 1987 and the Managing Partner in 2004. She has become chair of its executive committee since 2006. She was Member of the Board of the Central Bank of Egypt and Member of national drafting committees and elected member of the International Advisory Committee of the United Nations Human Rights Council till 2011. She served as VP of the Constitutional Committee of 50 and played a key role in drafting the 2014 Egyptian Constitution, and is currently member of the National Council for Human Rights. She has recently been elected President of the Egyptian Microfinance Federation and has been chairing several NGOs active in social development and microfinance to poor women. Ms. Zulficar holds a Bachelor of Science degree in Economics and Political Science from Cairo University and a Master of Legal Letters (LLM) degree from Mansoura University, as well as an honorary doctorate degree in Law from the University of Zurich. She is the chairman of Audit and Risk Committee.

Karim Awad

Mr. Karim Ali Awad serves as Group Chief Executive Officer, Executive Member of the Board of EFG-Hermes Holdings, SAE since December 31, 2014. Previously, he served as Co-Chief Executive Officer, Executive Member of the Board at the Company since December 16, 2013 till December 31, 2014. Prior to this, he was Executive Member of the Board and Chief Executive Officer of Investment Bank at Egyptian Financial Group Hermes Holding Co SAE since May 3, 2013 till December 16, 2013. He was Co-Chief Executive Officer of the Investment Bank at the Company since May 2012 till May 3, 2013. Mr. Awad was a Company’s Head of Investment Banking from January 2008 until May 2012. He joined the Company in 1998. He holds Bachelor of Arts in Business Administration from American University in Cairo. He is Chairman of the Executive Committee and Investment Bank Management Committee.

Yaser Al Mallawany

Mr. Yaser Suleiman Hisham Al Mallawany serves as Non-Executive Vice Chairman of the Board of EFG-Hermes Holdings, SAE since December 31, 2014. Since becoming the Chief Executive Officer of the firm in 2003, Mr. El Mallawany has played a key role in driving the consolidation of Egypt’s investment banking sector and facilitated the emergence of EFG Hermes as the leading Arab investment bank. He began his career with 17 years at Commercial International Bank (CIB), formerly Chase National Bank, finally serving as the General Manager of the Corporate Banking Division. Mr. El Mallawany joined EFG Hermes at the time of the Firm’s merger with CIIC. Mr. El Mallawany holds a Bachelor’s degree in Accounting from Cairo University.

Mohamed Abdel Khabir

Mr. Mohamed Abdel Khabir serves as Group Chief Financial Officer at EFG-Hermes Holdings, SAE since April 1, 2016. He joined the Group as Director of Investment Banking Division in 2008 and held this position till March 31, 2016. Previously, he held the position of Financial Planning Manager at Procter and Gamble in the Corporate Finance divisions with a focus on financial planning, budgeting, corporate restructure, integration and profit forecasting. Mr. Abdel Khabir holds a BA in Business Administration from American University in Cairo with a concentration in finance where he graduated with high honors. He is a CFA. He is member of Executive Committee.

Mostafa El Chiati

Mr. Mostafa El Chiati serves as CEO of EFG Hermes UAE and Group Chief Coverage Officer at EFG-Hermes Holdings, SAE. He was Managing Director – EFG Hermes UAE until March 1, 2017. Mr. El Chiati is a banking veteran with a 14-year track record of leading high-profile mergers and acquisition as well as equity and debt offerings to a variety of regional clients operating across multiple industries and markets. Prior to joining EFG Hermes in 2007, Mr. El Chiati worked for four years at HSBC’s Corporate & Credit Banking Department after completing the rigorous nine-month HSBC Executive Training Program. During his tenure in commercial banking, Mr. El Chiati was directly involved in several of the most prominent loan syndications to the most active and financially sophisticated companies in the Egyptian economy. He is member of Investment Bank Management Committee.

Walid Hassouna

Mr. Walid Hassouna is Chief Executive Officer and Head of Debt Structuring Division of EFG Hermes Finance at EFG-Hermes Holdings, SAE since August 1, 2016. In addition to his role as CEO of the non-bank financial institute, he is also a non-executive board member of Tanmeyah Microenterprises and EFG Hermes Leasing, both subsidiaries of EFG Hermes Finance. Prior to joining the Group, Mr. Hassouna was General Manager and Head of Structured Finance and Investment Banking at Bank Audi. He has over a seventeen-year banking career that began at Misr International Bank. He has also been the Head of structured finance and syndication in Banque Misr. He holds B.B.A from Cairo University, MBA from J. Mack Robinson College of Business, Georgia State University as well as Islamic Finance Qualification from CISI, UK. He is member of Executive Committee.

Mohamed El Wakeel

Mr. Mohamed El Wakeel serves as Group Chief Operating Officer at EFG-Hermes Holdings, SAE since March 1, 2017. Prior to that, he served as Group Head of Market Operations at the Company since December 31, 2014 till March 1, 2017. After three years with HSBC Bank, he joined EFG Hermes in 2000 as part of the operations team of Financial Brokerage Group (FBG). He has since moved up the ranks, first heading brokerage operations for Egypt and then as Group Head of Securities Brokerage Operations. He has been involved in enhancement of the firm’s brokerage operations as well the development and integration of the brokerage operations of newly acquired businesses. He is member of Executive Committee, Investment Bank Management Committee.

Inji Abdoun

Ms. Inji Abdoun serves as Group Chief Human Resource Officer at EFG-Hermes Holdings, SAE since March 1, 2017. She was Group Head of Human Resources at the Company since 2009 till March 1, 2017, HR Manager for the UAE, Oman, KSA since 2008 till 2009 and HR Manager for the UAE since June 2007 till 2008. Prior to joining the Group, she assumed HR management roles at LINKdotNET and Fayrouz International (Heineken subsidiary) as well as a role for career advising and placement at Career Advising and Placement Office of American University in Cairo. She is a SHRM Senior Certified Professional and a certified Myers-Briggs practitioner. She accumulating more than 18 years of experience in the field. She is member of Executive Committee.

Abdel Wahab Gadayel

Mr. Abdel Wahab Mohamed Gadayel serves as Group Chief Risk & Compliance Officer at EFG-Hermes Holdings, SAE since 2013. Prior to his current role, he served as Group Head of Compliance for three years. He joined the Company in 1998 and served as the deputy head of operations in EFG Hermes’ subsidiary, Financial Brokerage Group until 2004. He also worked on integrating newly acquired offices in the GCC region as the group rapidly expanded into new markets during his tenure as Managing Director of Operations at EFG Hermes UAE between 2004 and 2009. Mr. Gadayel holds a graduate degree from Cairo University in Economics and Political Science. He is member of Executive Committee.

Ahmed Shams El Din

Mr. Ahmed Shams El Din serves as Managing Director and Head of Research at EFG-Hermes Holdings, SAE. He has 16 years of rich practical experience in the financial services and consulting fields. Mr. Ahmed joined EFG Hermes in 2006. As an analyst he led the research coverage team in the Materials and Downstream Oil and Gas sectors (including Petrochemicals and Fertilisers) covering some of the largest listed industrial stocks in MENA, LSE, and Euronext N.V. He was highly ranked by international investors and fund managers as an analyst in global surveys (such as Institutional Investors, Thomson Reuters Extel and the Euromoney Middle East poll) for research in EMEA and MENA regions. Mr. Ahmed Shams received his MBA degree from INSEAD, Executive Global MBA, Business Administration and Management. He is member of Investment Bank Management Committee.

Hanzada Nasim

Mohamed Ebeid

Mr. Mohamed Ebeid serves as Co-Chief Executive Officer, Investment Bank at EFG-Hermes Holdings, SAE since March 1, 2017. Prior to this, he was Co-Head of Securities Brokerage Division at the Company since 2011 till March 1, 2017. He joined the EFG Hermes team in 1999, as a Retail Broker with HSB, working with high net worth clients. After stint on the retail side, Mohamed moved to working with institutional clients, as part of the international institutional sales desk, in 2004. This new assignment saw him focusing on business development and relationship management. He has been involved to the introduction of new products and services that cater to the need of this sophisticated client base. He has more than 11 years of rounded equities experience. He holds Bachelor of Arts in Accounting from Ain Shams University. He is member of Investment Bank Management Committee, and Executive Committee.

Mohamed Fahmi

Mr. Mohamed Hedi Samir Fahmi is Co-Head of Investment Banking at EFG-Hermes Holdings, SAE. He joined the Group Investment Banking division in early 2006 after completing the Morgan Stanley Analyst Training program. He holds a BA in Finance and Accounting from the American University in Cairo. He is member of Investment Bank Management Committee.

Mostafa Gad

Mr. Mostafa Gad serves as Co-Head of Investment Banking at EFG-Hermes Holdings, SAE. He joined the Group in 2007 from the Corporate Banking Department at HSBC. He is member of Investment Bank Management Committee.

Karim Mousa

Mr. Karim Mousa serves as Co-Chief Executive Officer, Investment Bank at EFG-Hermes Holdings, SAE since March 1, 2017. Prior to this, he served as Head of Private Equity at Egyptian Financial Group Hermes Holding Co SAE. He is a member of the Investment Committee at several Group managed funds and sits on the Board of Directors of various portfolio companies. He joined EFG Hermes in 2008. Prior to EFG Hermes, Mr. Mousa was a Vice President at Deutsche Bank in Global Banking with responsibilities for M&A, ECM and DCM advisory in MENA. He joined Deutsche Bank in 2001 as an Analyst in the M&A execution team in Frankfurt, advising on several mid-cap transactions in Continental Europe. He moved to Dubai in 2005 to join the CEO of Deutsche Bank MENA in building the bank’s regional platform. In 2006, he joined Deutsche Bank Global Banking Dubai, where he advised on the sale of Sokhna Port to Dubai Ports World, the financing and acquisition of Egyptian Fertilizers Company by Abraaj Capital and the Dubai Ports World IPO. Prior to Deutsche Bank, Mr. Mousa worked as an Investment Analyst at Berlin Capital Fund, a Venture Capital Fund managed by the Berliner Bank. Mr. Mousa holds a Masters in Business Administration from Technische Universität Berlin. He is member of Investment Bank Management Committee, and Executive Committee.

Nabil Moussa

Mr. Nabil Moussa serves as Managing Director – Head of Asset Management, Egypt at EFG-Hermes Holdings, SAE. He has over 15 years of experience in investment management. Prior to joining the Group, he worked for HC Securities and Investment as a Managing Director overseeing the Investment and Sales Team. Mr. Moussa completed the Investment Analysis course of Chase as well as a three-month training programme at Morgan Stanley in New York. He is a member of the Egyptian Investment Management Association (EIMA). He holds a Bachelor’s degree in Economics from Cairo University. He is member of Investment Bank Management Committee.

Ahmed Waly

Mr. Ahmed Waly serves as Head of Securities Brokerage & CEO of EFG Hermes IFA at EFG-Hermes Holdings, SAE. He joined the Group in 1999 and held numerous positions across the sales & sales trading desks at the Financial Brokerage Group (FBG), which included heading the USA institutional sales desk. He moved to New York in 2003 with Auerbach Grayson & Co in the position of Vice President of Emerging Markets. Ahmed moved back to the region in 2005 to set up and head the National Bank of Kuwait’s brokerage arm. He then returned to EFG Hermes in 2009 as the CEO of EFG Hermes IFA. He currently has more than 15 years of experience. He is member of Investment Bank Management Committee.

Abdullah Khalil Al Mutawa

Mr. Abdullah Khalil Mohammed Samea Al Mutawa serves as Non-Executive Member of the Board at EFG-Hermes Holdings, SAE since April 27, 2017. He has more than 30 years of experience and a background in finance and administration. With his current position, he serves as General Manager for the Office of Sheikh Suroor Bin Mohammed Al Nahyan, the Chairman of Makhazen Investment Company, Abu Dhabi, Board Member for Al Falah Exchange, United Arab Emirates (UAE), and for Bank Al Falah, Pakistan. He is Member of the Board at Abu Dhabi Commercial Bank since 1997, Wateen Telecom Limited, Pakistan and United Arab Emirates Banks Federation. Mr. Al Mutawa holds a Bachelor of Sciences degree in Business Administration from University of North Carolina, United States.

Khalid Al Otaiba

Mr. Khalid Mana Saeed Al Otaiba serves as Non-Executive Member of the Board at EFG-Hermes Holdings, SAE since April 27, 2017. He has more than 17 years of experience in numerous industries. He is the Office Manager of His Excellency Dr. Mana Saeed Al Otaiba, Personal Advisor to His Highness the President of the UAE Sheikh Khalifa bin Zayed Al Nahyan, since 2005. He is also Deputy Chairman of Al Otaiba Group of Companies. Mr. Al Otaiba is a Director of Alfalah Insurance Company Limited, Pakistan. He is also Chairman of Liwa International Investment Tourism and Royal Mirage Hotel & Resort Ltd, Morocco. He is also a Director of Ghantout International. He holds a Bachelors Degree in International Economics from Suffolk University in Boston.

Jean Cheval

Mr. Jean Cheval is Non-Executive Member of the Board at EFG-Hermes Holdings, SAE since August 28, 2016. He is Senior Advisor, Natixis, Member of Natixis Executive Committee. He has been appointed Head of Finance and Risk at Natixis in September 2012. Previously, between 2009 and 2012, he was in charge of the Debt & Finance Department of Natixis Corporate and Investment Bank. He spent most of his career (1983-2001) at Credit Agricole lndosuez, where he was successively Chief Economist, Head of Strategic Planning and Budget, Head of Structured Financing, Head of the Middle East and Asia before being appointed General Manager. Mr. Cheval has been a Director of Al Bank Al Saudi Al Fransi (Kingdom of Saudi Arabia), WAFA Bank (Morroco), Banque Libano-Franaise and Audi-Saradar Bank (Lebanon) for many years. He has also been Head of Banque Audi France and Chairman of Banque Audi Switzerland (2001- 2005). He previously worked for the Ministry of Industry and the French Planning Agency. He graduated from the Ecole Centrale de Paris (Engineering School) and the University of Berkeley. He is member of Compensation Committee.

Simon Eedle

Mr. Simon Eedle serves as Non-Executive Member of the Board at EFG-Hermes Holdings, SAE since August 28, 2016. He is currently a Senior Country Manager, Natixis, Dubai. He joined Natixis as Senior Country Manager of Dubai and Corporate and Investment Bank Regional Head - Middle East in 2012. Mr. Eedle has a career of more than 30 years in banking, 15 of which have been in the Middle East. He spent 22 years at Credit Agricole Corporate and Investment Bank, predominantly in senior global markets positions in Bahrain, Singapore, London and New York. He also set up Global Islamic Banking franchise. He began his career in 1977 as an Accountant at British Rail. He is member of Audit and Risk Committee.

Marwan Elaraby

Mr. Marwan Nabil Elaraby serves as Non-Executive Member of the Board at EFG-Hermes Holdings, SAE. He was Non-Executive Independent Member of the Board, and before Non-Executive Member of the Board at the Company from September 30, 2014 till December 31, 2016. He serves as the Middle East Managing Partner of Shearman & Sterling. He first joined Shearman & Sterling in New York in 1995 and became a partner in 2004. He previously served as Managing Director at Citadel Capital, one of the private equity firms in the Middle East and Africa. Mr. Elaraby served as Executive Director in EFG Hermes’ investment banking group, where he worked as an investment banker advising clients on numerous capital markets and M&A transactions in the Middle East. Prior to moving to the Middle East, he worked with investment banking and corporate clients on a wide range of public and private corporate finance transactions. He is a lawyer. He holds a bachelor’s degree in economics from the American University in Cairo and a Juris Doctor (J.D.) from Columbia University. he is member of Compensation Committee.

Zubyr Soomro

Mr. Zubyr Soomro serves as Non-Executive Member of the Board at EFG-Hermes Holdings, SAE since April 27, 2017. He is currently the Chairman of the Pakistan Microfinance Investment Company. He is also on the Economic Advisory Council of Pakistan’s Finance Minister and the Board of Directors of State Bank of Pakistan. His other board roles include Acumen Pakistan, Grameen Foundation USA, the Layton Rahmatulla Benevolent Trust, and Aitchison College. Mr. Soomro spent the majority of his career at Citibank in international corporate, investment, consumer, and private banking, with over 33 years at the bank including work across the Middle East, Turkey, Africa, the UK, and Pakistan. He retired in 2008 as Managing Director and Country Head for Pakistan. He held the position of Chairman of the Karachi Stock Exchange from 2010 to 2011 and was on the Policy Board of the Securities and Exchange Commission of Pakistan from 2004 to 2007. Prior to this, he was Chairman of the Pakistan Bank’s Association, President of the American Business Council, and President of the Overseas Chamber of Commerce and Industry. He has a Bachelor of Science degree from the London School of Economics, a Master’s degree from the School of Oriental and African Studies of University of London. He completed an Executive Education Program on Strategic Leadership in Inclusive Finance in 2015 from Harvard. He is member of Audit and Risk Committee.

Ramzi Zaki

Mr. Ramzi Mohammed Hasanein Zaki serves as Non-Executive Member of the Board at EFG-Hermes Holdings, SAE since April 27, 2017. He served as Chief Operating Officer and Executive Member of the Board of Egyptian Financial Group Hermes Holding Co SAE since 2007 till December 31, 2014 and Member of the Executive Board, Chief Financial Officer till 2007. He joined the Company in 1995 and was part of the Group for 18 years starting as Head of Operations Brokerage and ending as Chief Operating Officer. In 2014, he founded produce export firm Wafra Export. Mr. Zaki worked for nine years at Commercial International Bank (CIB), gaining experience in the financial sector. He holds a Bachelor of Science degree from Cairo University. He is member of Audit and Risk Committee, and Compensation Committee.

Takis Arapoglou

Mr. Takis Arapoglou serves as Non-Executive Independent Member of the Board at EFG-Hermes Holdings, SAE. He was Non-Executive Member of the Board from January 30, 2014 until 2017. Prior to this, he was Chief Executive Officer of Commercial Banking for the Company from June 13, 2011 to Jan, 30, 2014. Mr. Arapoglou joined EFG Hermes as CEO of Commercial Banking in October 2010. He was Chairman and CEO of the National Bank of Greece Group (NBG) from 2004 to 2009 and Chairman of the Hellenic Bankers Association from 2005 to 2009. Prior to joining NBG, Mr. Arapoglou was Global Head of the Banks and Securities Industry for Citigroup based in London (2000-2004). He has served in several international bank advisory boards in Europe and Africa and on the board of European Educational Foundations and Institutions including the Institute of Corporate Culture Affairs in Frankfurt, as Chairman. He is currently holding the following non-executive board positions; Chairman and member of the Corporate Governance committee of Tsakos Energy Navigation (TEN), Vice-Chairman and member of the compensation committee of Titan Cement SA, and board member and member of the audit and risk committees of Credit Libanais SAL. He is currently a member of the international board of overseers of Tufts University in Boston and Chairman of the Business Advisory committee of the Athens University of Economics and Business. He holds Masters of Science in Management from Brunel University, Bachelor of Sciences in Naval Architecture from University of Glasgow and Bachelor of Arts degree in Mathematics and Physics from University of Athens. He is chairman of the compensation committee.