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EFG Hermes Holdings SAE (HRHO.CA)

HRHO.CA on The Egyptian Exchange

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13 Oct 2019
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Summary

Name Age Since Current Position

Mona Zulficar

71 2008 Non-Executive Independent Chairman of the Board

Karim Awad

2014 Group Chief Executive Officer, Executive Member of the Board

Yaser Al Mallawany

2014 Non-Executive Non-Independent Vice Chairman of the Board

Mohamed Abdel Khabir

2016 Group Chief Financial 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

Hanzada Nasim

Head of Investor Relations Strategy & Investor Relations

Mohamed Ebeid

2017 Co-Chief Executive Officer - Investment Bank

Karim Mousa

2017 Co-Chief Executive Officer, Investment Bank

Efstratios Georgios Arapoglou

Non-Executive Non-Independent Member of the Board

Jean Cheval

70 2016 Non-Executive Independent Member of the Board

Timothy Collins

2018 Non-Executive Member of the Board Represents RA MENA Holdings LLC & RA Holdings LLC

Elizabeth Crichley

2018 Non-Executive Member of the Board Represents RA MENA Holdings LLC & RA Holdings LLC

Abdullah Khalil Al Mutawa

2017 Non-Executive Independent Member of the Board

Khalid Al Otaiba

2017 Non-Executive Independent Member of the Board

Marwan Elaraby

Non-Executive Independent Member of the Board

Zubyr Soomro

2017 Non-Executive Independent Member of the Board

Ramzi Zaki

2017 Non-Executive Independent Member of the Board

Biographies

Name Description

Mona Zulficar

Ms. Mona Salah Alddin Zulficar is Non-Executive Independent Chairman of the Board at EFG-Hermes Holdings, SAE. She has served as Non-Executive Chairperson of EFG Hermes since 2008. She is one of the founding partners of Zulficar & Partners Law Firm, a specialized law firm of 10 partners and more than 50 associates, which was established in June 2009 and grew into one of the best ranked law firms in Egypt. She was previously senior partner at Shalakany Law Firm and Chair of its Executive Committee for many years. Ms. Zulficar is recognized in local and international legal circles as the precedents maker and one of Egypt’s most prominent corporate, banking, and project finance attorneys. As an M&A and capital markets transactions specialist, she has led negotiations on some of Egypt and the Middle East’s largest, most complex , and most successful transactions over the past three decades. Ms. Zulficar has also played an instrumental role in modernizing and reforming economic and banking laws and regulations as a former member of the board of the Central Bank of Egypt and as a prominent member of national drafting committees. She is also a leading human rights activist recognized locally and internationally and has initiated several successful campaigns for new legislation including women’s rights, freedom of opinion, and family courts. 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. Internationally, she served as elected member of the International Advisory Committee of the United Nations Human Rights Council for two terms ending 2011. She holds a Bachelor of Science in Economics and Political Science from Cairo University and an LLM from Mansoura University as well as an honorary

Karim Awad

Mr. Karim Ali Awad is Group Chief Executive Officer, Executive Member of the Board of EFG-Hermes Holdings, SAE since December 31, 2014. He is Group Chief Executive Officer, Chairman of the Executive Committee, and a member of the board of EFG Hermes Holding. Since assuming leadership of the firm in 2013, Mr. Awad has led EFG Hermes’ return to profitability by cutting unwarranted expenses, selling non-core assets and distributing excess cash to shareholders. Starting 2014, Mr. Awad worked with top-tier professionals across the Firm’s different divisions in building a comprehensive regional advisory pipeline; extending its leadership as the Arab world’s largest securities brokerage; continuing to lead its peers in like-for-like rankings as an asset manager; successfully refocusing the private equity business; and continuing to provide the region’s highest-quality research offering. By the beginning of 2016, Mr. Awad also drove the company into a new strategic shift based on an extended geographic presence that aims to transform EFG Hermes from a MENA house into a finance house that has reach across frontier markets. He also initiated an increased emphasis on product diversification in the Firm’s traditional business lines as well as through the creation of a parallel non-bank finance platform, EFG Hermes Finance — a platform that was formed in 2015 and currently encompasses leasing, microfinance, consumer finance, and factoring businesses. Prior to assuming his current role, Mr. Awad was Chief Executive Officer of the Investment Banking platform with an overall responsibility for managing the Firm’s Investment Banking, Securities Brokerage, Research, Asset Management, and Private Equity divisions. Earlier, he was Head of Investment Banking, having joined the division in 1998.

Yaser Al Mallawany

Mr. Yaser Suleiman Hisham Al Mallawany is Non-Executive Non-Independent 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 serving for 16 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 during 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 is Group Chief Financial Officer at EFG-Hermes Holdings, SAE since April 1, 2016. Prior to his current post, Mr. Abdel Khabir joined EFG Hermes’ Investment Banking division in early 2008 and remained in this division until March 2016 as a Director. 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’s notable transactions during his investment banking tenure include the IPO of Integrated Diagnostics Holding (IDH) through a secondary offering worth USD 334 million in the LSE . He was also involved in the sale of a leading hospital in Egypt to the Abraaj Group, the merger of Al Borg and Al Mokhtabar laboratories, ENPC’s USD 1.05 billion Syndicated Loan and the issuance of ODH EDRs worth USD 1.8 billion. Mr. Abdel Khabir holds a BA in Business Administration from the American University in Cairo with a concentration in Finance where he graduated with high honors and is a CFA charter-holder.

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, Walid Hassouna is also a non-executive board member of Tanmeyah Microenterprises and EFG Hermes Leasing, both subsidiaries of EFG Hermes Finance. Prior to joining EFG Hermes in 2016, Walid Hassouna was General Manager and Head of Structured Finance and Investment Banking at Bank Audi, where he closed structured and project finance transactions in excess of USD 15 billion over an 18-year banking career that began at Misr International Bank. He also structured and executed several award-winning deals in project finance and M&A within Egypt and the GCC, in addition to several investment banking transactions. He has also been the Head of Structured Finance and Syndication in Banque Misr where he successfully managed to top the league table of the MENA region in syndicated loans. Walid is a Cairo-University B.B.A holder, where he graduated with highest honors. He also holds an MBA from J. Mack Robinson College of Business, Georgia State University as well as Islamic Finance Qualification from CISI- UK.

Mohamed El Wakeel

Mr. Mohamed El Wakeel is Group Chief Operating Officer at EFG-Hermes Holdings, SAE since March 1, 2017. Following three years at HSBC, Mr. El Wakeel joined the Firm in 2000 as part of the operations team of the Financial Brokerage Group (FBG). Through his efforts in streamlining the brokerage division’s back-office operations to ensure best in class practices, he has since moved up the ranks, first heading brokerage operations for Egypt then becoming the Securities Brokerage Group Head of Operations. In his new role, Mr. El Wakeel played a pivotal role in setting up, followed by integrating operations the Firm’s newly launched offices in new markets. Prior to becoming COO, he was Group Head of EFG Hermes Market Operations, where his hands-on experience has been key to the enhancement of the Firm’s brokerage operations across multiple lines of business, such as the development and streamlining of the Asset Management division’s operations.

Inji Abdoun

Ms. Inji Abdoun is Group Chief Human Resource Officer at EFG-Hermes Holdings, SAE since March 1, 2017. She joined Human Resources at EFG Hermes in June 2007 as HR Manager for the UAE with a mandate to establish HR for the operation, while contributing to the department’s Group-wide initiatives with a focus on talent management. Her mandate saw an expansion in early 2008 as she took on an active role in the integration of the then-newly acquired Oman operation, as well as the enhancement of the HR offering in the KSA operation and later the integration of the Kuwait operation. As of 2009 Ms. Abdoun is the Group Head of Human Resources overseeing the full spectrum of the department’s functions across the group while working closely with the Firm’s management team providing HR insight to business issues. Prior to joining EFG Hermes, Ms. Abdoun assumed HR management roles at LINKdotNET (an OT subsidiary), Fayrouz International (a Heineken subsidiary), as well as a role in career advising and placement at the Career Advising & Placement Office (CAPS) of the American University in Cairo, accumulating more than 18 years of experience in the field. She is a SHRM Senior Certified Professional and a certified Myers-Briggs practitioner.

Abdel Wahab Gadayel

Mr. Abdel Wahab Mohamed Gadayel is Group Chief Risk & Compliance Officer at EFG-Hermes Holdings, SAE since 2013. He is Head of Risk and Compliance, a post he has held since 2013. Prior to his current role, he served as Group Head of Compliance for three years, where he played a key role in initiating and evolving the Group’s policies and business procedures in addition to issuing periodic risk and compliance reports covering the Group’s entire array of operations. Mr. Gadayel joined EFG Hermes 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 lower 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 is a Cairo University graduate, where he majored in Economics and minored in Political Science.

Hanzada Nasim

Mohamed Ebeid

Mr. Mohamed Ebeid is Co-Chief Executive Officer, Investment Bank at EFG-Hermes Holdings, SAE since March 1, 2017. He is a 20-year veteran with EFG Hermes, Mr. Mohamed Ebeid is currently the Co- CEO of the Investment Bank, a position he took in 2016 with a mandate to grow the business on the sell side and to expand its product offering. Since then, he has successfully built out the Firm’s Frontier Business with on-theground operations in four different continents, giving clients access to more than 75 markets around the world. He has also led the development of the Firm’s structured products platform, which has pulled in trades worth c. USD 2 billion in its first two years of inception, and on the creation of the Fixed- Income business, which began operations in 2018. Mr. Ebeid began his career with the firm in 1999 in the Brokerage division as part of the High-Net-Worth team and has since held numerous positions within the Firm, the most recent prior to his current post being Co-Head of Brokerage where he managed over just two years to restructure the business and streamline its activities all while boosting profitability. He held the post of Head of Institutional Sales beginning 2006 where he managed to add GCC institutional clients and sovereign wealth funds to the Firm’s client base. He led the team on every single ECM transaction that had taken place under his tenure, raising more than USD 20 billion in ECM transactions across jurisdictions. Mr. Ebeid was also an integral part of EFG Hermes’ Institutional Desk, to head an endeavor to expand the Firm’s Western institutional client base and further root the business in its home market of Egypt. During that time, he was part of the team executing the Firm’s expansion plan in the MENA region and directing its capabilities in terms of research and corporate access to Western institutional clients so as to execute on-the-ground and offshore trades through the Firm’s brokerage network.

Karim Mousa

Mr. Karim Mousa is Co-Chief Executive Officer, Investment Bank at EFG-Hermes Holdings, SAE. He joined EFG Hermes in 2008, with the primary responsibility of building the Group’s infrastructure private equity platform. During this time, he also closed several flagship deals, such as the Nasdaq Dubai’s USD 445 million take-private of DAMAS International and its subsequent exit, delivering c. 2x cash-on-cash returns and the USD 208 million acquisition of 49% of EDPR France. Mr. Moussa is currently the head of both Private Equity and Asset Management Divisions, as well as an investment committee member of several EFG Hermes-sponsored funds, including the InfraMed Infrastructure Fund with combined AUMs of c. USD 1 billion. He is also a member of the boards of various portfolio companies. Prior to joining EFG Hermes, Mr. Moussa was a Vice President at Deutsche Bank’s Global Banking division, with responsibilities for M&A, ECM and DCM advisory in the MENA region. In that role, he advised on the USD 4.2 billion Dubai Ports World IPO, the USD 670 million sale of Sokhna Port to Dubai Ports World, and the USD 1.4 billion LBO of the Egyptian Fertilizers Company by Abraaj Capital. 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.

Efstratios Georgios Arapoglou

Mr. Efstratios Georgios (Takis) Arapoglou is Non-Executive Non-Independent Member of the Board of the Board at EFG-Hermes Holdings, SAE. He is a consultant with a career in international capital markets and corporate and investment banking in London and later in managing, restructuring, and advising publicly listed financial institutions and corporates. His more recent assignments include: Managing Director and Global Head of the Banks and Securities Industry for Citigroup (1999-2004), based in London; Chairman and CEO of the National Bank of Greece Group (2004-2009); Chairman of the Hellenic Banks Association (2005-2009); and CEO of Commercial Banking at EFG-Hermes Holding SAE Group (2010-2013). He currently holds the following non-executive board positions: Chairman of NYSE-listed Tsakos Energy Navigation (TEN) Ltd.; Chairman of Athens SE-listed Titan Cement SA; and Board Member of the Karachi-listed Bank Alfalah Ltd., representing the International Finance Corporation (IFC). He is a member of the International Board of Advisors of Tufts University, Boston, a member of the Business Advisory Council for the International MBA program at the Athens University of Economics and Business, and a Trustee of the Athens Partnership, an NGO registered in the US for the support of charity projects for the city of Athens. He has degrees in Mathematics, Engineering, and Management from Greek and British universities.

Jean Cheval

Mr. Jean L. Cheval is Non-Executive Independent Member of the Board at EFG-Hermes Holdings, SAE since August 28, 2016. He joined Natixis in June 2009. Between 2009 and 2012, he was in charge of the Debt and Finance Department (Structured Finance) of Natixis CIB and of the European Area between 2011 and 2012. He was Head of Finance and Risk, member of Natixis’ Senior Management Committee, and Second Senior Manager of Natixis from September 2012 to October 2017. 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, and Head of the Middle East and Asia before being appointed General Manager. He has been a Director of Al Bank Al Saudi Al Fransi (Saudi Arabia), WAFA Bank (Morocco), and Banque Libano-Francaise (Lebanon). He has also been Head of Banque Audi France, Chairman of Banque Audi Switzerland (2001-2005), and Member of the Board of Audi-Saradar Bank (2002-2006). He previously worked for the Ministry of Industry and the French Planning Agency. Mr. Cheval has degrees from the Ecole Centrale de Paris (Engineering School) and the University of California, Berkeley.

Timothy Collins

Elizabeth Crichley

Abdullah Khalil Al Mutawa

Mr. Abdullah Khalil Mohammed Samea Al Mutawa is Non-Executive Independent Member of the Board at EFG-Hermes Holdings, SAE since April 27, 2017. He is a competent and dedicated investment professional with more than 35 years of experience and a comprehensive background in Finance and Administration. He holds a B.Sc. degree in Business Administration from the University of North Carolina, USA. Mr. Al Mutawa is currently the General Manager of the Private Office of H.E. Sheikh Suroor Bin Mohammad Al Nahyan. He has been a Member of the Board of Directors of ADCB since 1997. His ADCB Committees Memberships include Member – Board Audit & Compliance Committee Mr. Al Mutawa has also been a Member of the Board of Directors of Bank Alfalah Limited, Pakistan, since 1997, in the following Committees: Chairman Board Audit Committee (BAC), Member, Board of Directors, Remuneration & Nomination Committee (BHR&NC), Chairmen, Board Strategy & Finance Committee (BS&FC), Member, Board Risk Management Committee (BRMC), Member, Board Compensation Committee (BCC), Member, Board Information Technology Committee (BITC). He is also the Chairman of Makhazen Investment Company, Abu Dhabi and a Board Member of Abu Dhabi National Hotels Company – Abu Dhabi.

Khalid Al Otaiba

Mr. Khalid Mana Saeed Al Otaiba is Non-Executive Independent Member of the Board at EFG-Hermes Holdings, SAE since 2005, he has been Office Manager for His Excellency Dr. Mana Saeed Al Otaiba, the personal advisor to His Highness the President of the UAE Sheikh Khalifa bin Zayed Al Nahyan. He also holds the post of Deputy Chairman of the Al Otaiba Group of Companies. Mr. Al Otaiba leverages his over 17-year career spanning numerous industries to serve as the Director of Alfalah Insurance Company Limited, Pakistan, Chairman of Liwa International Investment Tourism and Royal Mirage Hotel & Resort Ltd, Morocco, and Director of Ghantout International and Bank Alfalah. Mr. Al Otaiba holds a Bachelor’s degree in International Economics from Suffolk University in Boston, Massachusetts.

Marwan Elaraby

Mr. Marwan Nabil Elaraby is Non-Executive Independent Member of the Board at EFG-Hermes Holdings, SAE. He is based in Dubai where he serves as the Regional Managing Partner for Europe, the Middle East and Africa at Shearman & Sterling. His practice focuses on advising governments and private capital clients on a variety of corporate and capital markets transactions across several industries. Mr. Elaraby 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 leading private equity firms in the Middle East and Africa. Marwan also served as Executive Director in EFG Hermes’ Investment Banking group, where he worked as an investment banker advising clients on numerous capital market and M&A transactions in the Middle East. Marwan is a New York-qualified lawyer. He holds a Bachelor’s in Economics from the American University in Cairo and a Juris Doctor (JD) from Columbia University School of Law.

Zubyr Soomro

Mr. Zubyr Soomro is Non-Executive Independent Member of the Board at EFG-Hermes Holdings, SAE since April 27, 2017. He has recently moved on from his role as the Chairman of the Pakistan Microfinance Investment Company, a market-based entity majority owned by KfW and a DFID subsidiary and established to be the apex for the 45 microfinance lenders in Pakistan. His engagement with the microfinance sector extends over twenty years and has involved equity and debt investments, advisory work and board roles in the Pakistan Poverty Alleviation Fund, Acumen Pakistan and Grameen Foundation USA. He has also been on the Board of Directors of Pakistan’s central bank, the State Bank of Pakistan, and its Securities and Exchange Commission. In addition he is on the board of governors of the Layton Rahmatulla Benevolent Trust, a leading eye-care provider handling a million patients per year, and Aitchison College, an institution set up in the 19th century to groom leaders for the subcontinent. Pakistan’s new government recently appointed him as the Chairman of the National Bank of Pakistan, which is one of the largest banks in the country. It is majority government owned and has a global network and over 1500 domestic branches. In addition he has been appointed to the board of Sarmaya Pakistan which is a sovereign fund set up in March 2019 to take on the oversight of the country’s 204 government owned corporate entities of which 33 are in the financial sector. 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. During his Citibank career, Mr Soomro took a three year leave of absence to become the Chairman and President of United Bank Ltd , an 1800 branch government owned institution with presence in ten countries.

Ramzi Zaki

Mr. Ramzi Mohammed Hasanein Zaki is Non-Executive Independent Member of the Board at EFG-Hermes Holdings, SAE since April 27, 2017. In 2014, he founded produce export firm Wafra Export, which has during its time in operations built a state-of-the-art packing house and grown to a farm size of 300 acres. Mr. Zaki was part of the EFG Hermes team for 18 years, starting as Head of Operations Brokerage in 1995 and ending his tenure as Chief Operating Officer. As COO, Mr. Zaki was responsible for managing operational matters, including compliance-related functions. Mr. Zaki’s hefty contribution to EFG Hermes included growing the backbone of the Firm in all countries and lines of business, allowing it to grow rapidly while maintaining the highest degree of cooperate governance and ethics and weathering major economic and political events in the region. He was also part of the Firm’s Board through to 2013. Prior to joining EFG Hermes, Mr. Zaki worked for five years at Commercial International Bank (CIB) where he headed the team responsible for extending credit to the Egyptian pharmaceutical industry. During his time at CIB, he was able to more than double loans to the sector and capture a 70% market share of all private sector pharmaceutical companies operating in Egypt. He was also heavily involved in the merger negotiations between the two biggest private sector pharmaceutical companies in the country. He holds a Bachelor of Commerce from Cairo University.