The Egypt Financial Regulatory Authority has published the prime minister’s decision appointing its board for a four-year term from October 2026 to October 2030. Islam Azzam will chair the board, with Mohamed El Sayad and Tarek Seif serving as deputy chairs. The board will also include a deputy governor of the Central Bank of Egypt selected by its governor. Five members with economic, legal, technical and financial expertise have also been appointed: Cairo University President Mohamed Samy Abdel Sadek, General Authority for Investment and Free Zones Chief Executive Mohamed Awad Ibrahim, American University in Cairo President Ehab Mohamed Abdel Rahman Ibrahim, finance professor Yasmine Mahmoud Fouad and banking expert Amani Samir Abdel Fattah. Azzam said the authority would continue developing and expanding nonbank financial activities, supporting financial inclusion and balancing sector growth with protection of market participants.
Egypt Financial Regulatory Authority announces new board for four-year term ending October 2030
The Egypt Financial Regulatory Authority has announced a new board for a four-year term ending in October 2030, chaired by Islam Azzam. Its membership includes the authority’s two deputy chairs, a Central Bank of Egypt deputy governor and five experts from academic, investment, finance, banking and legal fields.