Taly taps Tawfik Mahmoud as CEO, managing director

Banque du Caire’s digital payments subsidiary Taly appointed Tawfik Mahmoud (LinkedIn) as CEO and managing director, according to a statement (pdf) from the company. Mahmoud brings over 24 years of experience in the fintech and payments sector to the role, having previously held senior roles at Jumia Pay Egypt, PayTabs UAE, and Network International. He comes into the role after most recently serving as the managing director of Arab Financial Services’ Egypt arm for over three years.