Housing and Development Bank appoints Yehia Aboulfotouh as CEO

The Housing and Development Bank has named Yehia Aboulfotouh (LinkedIn) as CEO and managing director effective 1 July, following the resignation of Hassan Ghanem (LinkedIn), who stepped down for personal reasons, according to a statement (pdf). Aboulfotouh has held a 15-year tenure at the National Bank of Egypt, where he served as deputy chairman for nearly 12 years.