Housing and Development Bank has appointed former Misr Ins. Holding chairman Basel El Hini (LinkedIn) as non-executive chairman and reappointed chairman and managing director Hassan Ghanem, Youm7 reported. El Hini has over 40 years of experience in the commercial and investment banking sector, most notably as managing director of Banque du Caire and Naeem Financial Investments. El Hini resigned from his position as chairman and managing director at Misr Ins. Holding in January.

EGX-listed Arab Company for Asset Management and Development (ACAMD) hasappointed board member Mohamed Abu Zaid Ibrahim as executive vice president and managing director of the firm, succeeding Ali Abu Zaid Ibrahim, it said in a bourse disclosure (pdf). Former executive chairman Hani Abdel Latif Olama (bio) will continue to chair the board in a non-executive role.

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