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Sherif Elbehery (LinkedIn) was tapped as CEO of the National Bank of Egypt’s Emirati operations, he told EnterpriseAM. Elbehery brings over 25 years of experience to the role, having previously served as CEO of Onebank — Egypt’s first digital bank — and held senior leadership positions at Banque Misr, Barclays Egypt, and Citibank.
“NBE has big plans in the UAE. We are looking into upgrading our DIFC license to offer a full-fledged investment banking experience,” he told us. A Category 1 license from the Dubai Financial Services Authority is the highest tier of financial authorization, allowing institutions to provide comprehensive services.
Who will take over Onebank? Succeeding Elbehery as Onebank CEO is Moataz Metawee, banking sources told EnterpriseAM. Metawee, who previously held a leadership position at Banque Misr, is a digital transformation veteran. He will now lead Onebank as it prepares for its highly anticipated public launch.
In a related move, Amr El Nokaly (LinkedIn) has been appointed as deputy CEO and executive board member at Banque Misr, according to our sources. El Nokaly joins the state-owned lender from Bank ABC.
