MOVES- Bassel El Hiny (LinkedIn) is the frontrunner to become the chairman of state-owned Misr Insurance Holding Company (MIHC), sources said yesterday. The Public Enterprises Minister is expected to make the final announcement “within days,” according to the sources. Former minister Khaled Badawy had ordered a shakeup of the company’s board of directors in May, which saw the appointment of Tamer El Batesh as acting chairman. El Hiny had previously served as vice chairman of the company and has 26 years of experience in banking and finance.

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