Banque Misr taps Amr Demerdash as head of corporate banking

Banque Misr has appointed Amr Demerdash (LinkedIn) as its new head of corporate banking and syndicated loans, according to a statement seen by EnterpriseAM. Damardash has nearly 30 years of experience in banking, having held senior roles at major institutions in Egypt and abroad including Ahli United Bank, ADIB Egypt, Barclays Egypt, Commercial Bank of Qatar, and CIB. He joined Banque Misr in 2020 as general manager of corporate credit, later heading the SME and microfinance division from July 2022 until his new appointment.

PLUS- Palm Hills Developments announced that Group Co-CEO and Managing Director Tarek Tantawy (LinkedIn) will step down from his executive role in January 2026 to pursue another role, according to a company statement (pdf). Tantawy will remain on the board as a non-executive director. The company will continue to be led by Chairman and CEO Yasseen Mansour and Hazem Badran as Co-CEO and Managing Director.