Misr Clearing has a new chairman at the helm: The Misr Clearing and Depository Company’s board of directors have chosen Khaled Serry Seyam (LinkedIn) as the company’s next chairman, according to Al Borsa, with the board also voting to retain Hesham Mabrouk (LinkedIn) in his role as managing director. Following the Financial Regulatory Authority’s (FRA) approval, the board will call for an extraordinary general assembly within three weeks “to determine the tasks of the new board for its term from 2024 to 2027.”

Khaled Serry Seyam brings a wealth of experience to his role at the board’s helm, including a period as head of the EGX between 2010 and 2011 alongside stints as vice chairman of the FRA and the Capital Markets Authority between 2008 and 2010. Seyam has also served as advisor to the justice, foreign trade, and finance ministries alongside numerous international organizations.

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