Telecom Egypt taps its first woman chair, Lobna Hilal

#1- Telecom Egypt welcomes its first woman chair: Telecom Egypt has appointed Lobna Hilal (LinkedIn) as the company’s new chair, succeeding Magued Osman, the company said in a press release (pdf). Hilal has been an independent board member since 2019 and brings more than three decades of experience in the banking sector to the role. She served as Deputy Governor of the Central Bank of Egypt for Monetary Stability Policies for two different terms — the first woman to hold the post.

What they said: “With a career dedicated to financial stability, banking reform, and economic development, I look forward to leveraging my experience to further strengthen Telecom Egypt’s position as a leading telecom provider,” Hilal said.

#2- The Export Development Bank of Egypt (EBank) named Mohamed Taha as its chairman, according to a disclosure (pdf) from the lender. Taha brings more than three decades of banking experience to the role, including senior posts at Bank ABC and Banque du Caire, as well as a background in treasury and investment management.