MOVES- Abdel Hamid Abu Youssef and Ashraf Nessim have been appointed as interim executive officers of Orascom Development Egypt following CEO Khaled Bichara’s death in a car accident late last week, according to a bourse statement (pdf). Nessim was formerly Orascom’s CFO and is a current member of the company’s board of directors. Abu Youssef was formerly the company’s Chief Hotels Officer and has now been given a seat at the board.
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