FAB - Egypt to appoint Mohamed Abbas Fayed as CEO

MOVES- Mohamed Abbas Fayed is set to assume his position as CEO of First Abu Dhabi Bank – Egypt (FAB) by early November, he told Al Mal. Fayed had resigned as CEO and managing director of Bank Audi at the end of April after four years in the Lebanese bank. The former Banque Misr executive will replace Ahmed Ismail Hassan.