Al Baraka in talks with Hazem Hegazy for vice chairman & CEO position

Al Baraka Bank Egypt is in talks with Banque du Caire vice chairman Hazem Hegazy (LinkedIn) to become the bank’s new vice chairman and CEO to replace Ashraf El Ghamrawy (bio), who will step down on 1 October, according to an EGX statement (pdf). Sami Abdul Gawad will also leave his position as vice CEO of the bank on 22 September.