I-Score appoints new CEO and managing director

State-backed credit bureau I-Score has appointed Mohamed Karim Ghanem as company CEO and managing director,Hapi Journal reported, citing a company statement. Ghanem’s appointment is part of a larger overhaul that has brought in Banque Misr’s Misr Exchange’s Sayonara El Asmar (LinkedIn) as deputy managing director, effective August 2023.

Ghanem has more than 23 years of experience in banking. He has served as a deputy governor at the Central Bank of Egypt and previously held positions at QNB Alahli and Mashreq Bank.

Other board changes include: Current CEO Mohamed Kafafi (LinkedIn) will serve as non-executive chairman, and new board members have been appointed, including Banque Misr’s Amr Hashem (LinkedIn) and Credit Agricole’s Amir El Feky (LinkedIn).