El Mostakbal taps Ayman Elkousey + Hisham Ramez to serve third term as AIB chair

El Mostakbal for Urban Development has appointed Ayman Elkousey (LinkedIn) as managing director and CEO, the company announced in a statement. Elkousey has over 25 years of experience in the management and development of real estate and investment companies, and most recently he served as the Egyptian CEO for Saudi conglomerate Ajlan & Bros.

Former CBE governor Hisham Ramez is on course to serve a third consecutive term as the chairman of Arab International Bank after the Central Bank of Egypt gave its initial approval for the bank’s board for the 2022-2025 period, Al Shorouk reported. Ramez has been the bank’s CEO since April 2016.