Mopco taps new chairman + MD

State-owned Misr Fertilizers Production Company (Mopco) has appointed Ibrahim Mahgoub as its new chairman and managing director to replace Hesham Nour El Din (LinkedIn), effective immediately, the company announced in an EGX disclosure (pdf). The decision was made at a board of directors’ meeting last Wednesday.

Mopco is in the chute to tap the EGX before the end of the current fiscal year, Al Borsa cited Public Enterprises Minister Hisham Tawfik as saying in November.