People: Qalaa Holdings SAE (CCAP.CA)
24 Jun 2019
Mr. Magdy Kamal Ibrahim El-Desouky is a Non-Executive Independent Member of the Board of Qalaa Holdings S.A.E since June 30, 2016. He was Member of the Board at the Company since July 3, 2014 till June 30, 2016. He was Non-Executive Member of the Board at the Company, representing Citadel Capital Partners Ltd since 2012 till July 3, 2014. He was with Egypt’s Youssef Allam Group since 1994, where he is presently Vice-President for Investments. With more than 35 years of experience at both global and regional investment and financial management firms, Mr. El-Dessouky was previously assistant financial auditor of Le Meridian Jeddah Hotel, the financial auditor of Ramada Jeddah Hotel, General Director of Ramada Jeddah Hotel, and the administrative director and finance manager at Naghi Motors Company in the Kingdom of Saudi Arabia. He sits on the boards of companies including EGYCAP Investment, MENA for Real Estate Investment, National Company for Development and Trade, Golden Crescent, Bonyan, Gozour and United Company for Foundries. Mr. El-Desouky holds a BA in Commerce from Cairo University.
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