Madbouly appoints Mohsen Adel Helmy as GAFI’s CEO

MOVES- Madbouly appoints Mohsen Adel Helmy as GAFI’s CEO: Prime Minister Mostafa Madbouly has appointed Mohsen Adel Helmy as CEO of the General Authority for Freezones and Investments, succeeding Mona Zobaa, according to a Cabinet statement. Helmy was most recently vice chairman of the EGX, according to an Investment Ministry statement. Zobaa, who was officially named managing director last August, announced in January she would step down from her position, but has remained in place since then. Madbouly had also reshuffled GAFI’s board of directors on Monday.