People: Telecom Egypt Co SAE (ETEL.CA)
20 Oct 2020
Ms. Lobna Mohammed Helal serves as Non-Executive Independent Member of the Board of the Company. She currently serves as the Deputy Governor of the Central Bank of Egypt (CBE), responsible for monetary stability. She joined the CBE in 2004 to develop and execute a full-fledged two phased banking sector reform program and was appointed in 2011 as a Deputy Governor of the CBE to be the first woman to assume such a role. In 2013, she moved on to become the Chairman and Managing Director of the Egyptian Mortgage Refinance Company (EMRC) before returning to the CBE in 2015 by a presidential decree to assume her current position. She started her career in the banking and investment banking sectors, having assumed roles in the Arab African International Bank, the Egyptian American Bank and EFG Hermes. Helal holds the position of non-executive Chairman for the Egyptian Mortgage Refinance Company and the Credit Guarantee Company. She is also a BoD member of the Guarantee and Subsidy Fund, Nasser Social Bank and the Social Housing Fund. Helal holds a Bachelor degree in Political Science and a Masters of Arts in Economics from the American University Cairo.
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