{"id":546424,"date":"2022-05-16T04:00:48","date_gmt":"2022-05-16T04:00:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/"},"modified":"2022-05-16T04:00:48","modified_gmt":"2022-05-16T04:00:48","slug":"karmsolar-appoints-new-cfo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/","title":{"rendered":"KarmSolar appoints new CFO"},"content":{"rendered":"<p>Egyptian solar player <strong>KarmSolar<\/strong> has appointed <strong>Nabil Kammoun<\/strong> (<a href=\"https:\/\/www.linkedin.com\/in\/nabil-kammoun\/\">LinkedIn<\/a>) as its new <strong>chief financial officer<\/strong>, according to a <a href=\"https:\/\/ent.news\/2022\/5\/Press-Release-KarmSolar-Strengthens-Executive-Team-with-CFO-Appointment.pdf\">press release (pdf)<\/a>. With almost two decades of experience in the energy sector, Kammoun joins the firm after spending 10 years at Baker Hughes, where he served as a finance director for various divisions covering Europe, North Africa, MENATI (MENA + Turkey and India)and Africa.<\/p>\n<p>US private equity firm <strong>Clayton, Dubilier & Rice (CD&R)<\/strong> has appointed <strong>Amr Nosseir<\/strong> (<a href=\"https:\/\/www.linkedin.com\/in\/amrnosseir\/\">LinkedIn<\/a>) as <strong>a senior advisor<\/strong>, according to a <a href=\"https:\/\/ent.news\/2022\/5\/220512-CDR-Appoints-Amr-Nosseir-to-work-with-investors-in-the-Middle-East-English.pdf\">press release (pdf)<\/a>. Nosseir, who has 30 years of experience working with investors in the Middle East, will \u201cfocus on reinforcing ties with existing limited partners and establishing new, trust-based relationships with investing organizations and families,\u201d the statement said, under CD&R\u2019s plan to expand relationships with investors in the region. He joins the firm from CVC Capital Partners, where he served as the chairman and managing director of its Middle East division.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egyptian solar player KarmSolar has appointed Nabil Kammoun (LinkedIn) as its new chief financial officer, according to a press release (pdf). With almost two decades of experience in the energy sector, Kammoun joins the firm after spending 10 years at Baker Hughes, where he served as a finance director for various divisions covering Europe, North [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7231],"tags":[1870,1872,1871,93,72,125,1868,206,1869,758,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546424","post","type-post","status-publish","format-standard","hentry","category-moves","tag-amr-nosseir","tag-clayton-dubilier-rice","tag-cvc-capital-partners","tag-energy","tag-enterpriseam","tag-investment-watch","tag-karmsolar","tag-moves","tag-nabil-kammoun","tag-private-equity","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"8cc9f205-bda3-4ebc-9fcb-b252de2282ab","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[546406],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KarmSolar appoints new CFO - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KarmSolar appoints new CFO\" \/>\n<meta property=\"og:description\" content=\"Egyptian solar player KarmSolar has appointed Nabil Kammoun (LinkedIn) as its new chief financial officer, according to a press release (pdf). With almost two decades of experience in the energy sector, Kammoun joins the firm after spending 10 years at Baker Hughes, where he served as a finance director for various divisions covering Europe, North [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-16T04:00:48+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"KarmSolar appoints new CFO\",\"datePublished\":\"2022-05-16T04:00:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/\"},\"wordCount\":160,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Amr Nosseir\",\"Clayton Dubilier &amp; Rice\",\"CVC Capital Partners\",\"energy\",\"EnterpriseAM\",\"investment watch\",\"KarmSolar\",\"moves\",\"Nabil Kammoun\",\"private equity\",\"renewables\"],\"articleSection\":[\"Moves\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/\",\"name\":\"KarmSolar appoints new CFO - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-05-16T04:00:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"KarmSolar appoints new CFO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"KarmSolar appoints new CFO - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/karmsolar-appoints-new-cfo\/","og_locale":"en_US","og_type":"article","og_title":"KarmSolar appoints new CFO","og_description":"Egyptian solar player KarmSolar has appointed Nabil Kammoun (LinkedIn) as its new chief financial officer, according to a press release (pdf). 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The position was held in the past by current Planning Minister Hala El Said. Nosseir spent eight years at CIB, after which he\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623434,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/","url_meta":{"origin":546424,"position":1},"title":"EBRD to help KarmSolar raise financing for 10 MW solar power station","author":"enterpriseam admin","date":"30 October 2018","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) will be helping KarmSolar raise financing for a 10 MW solar power station that it\u2019s building for a \u201cprominent client,\u201d KarmSolar announced in a press release yesterday (pdf). The company signed a mandate letter with the EBRD for the funding that will\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624610,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/karmsolar-to-raise-egp-500-mn-for-expansion-plans-contracts-attijari-as-advisor\/","url_meta":{"origin":546424,"position":2},"title":"KarmSolar to raise EGP 500 mn for expansion plans, contracts Attijari as advisor","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"KarmSolar is looking to raise EGP 500 mn of equity to finance the completion of its pipeline private solar power stations, according to an emailed statement (pdf). The energy company has contracted Attijari Finances to act as its global advisor and coordinator for the fundraising process. Under the agreement, \u201cthe\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559694,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/01\/new-appointments-at-egypts-itida-elgameya-eaea-and-export-authority\/","url_meta":{"origin":546424,"position":3},"title":"New appointments at Egypt\u2019s ITIDA, ElGameya, EAEA and Export Authority","author":"enterpriseam admin","date":"1 February 2021","format":false,"excerpt":"ElGameya founder Ahmed Mahmoud Abdeen (LinkedIn) has been tapped as the fintech company\u2019s CEO, while our friend Amr AbouElazm (Linkedin) has been appointed non-executive chairman of the board, according to a statement (pdf). AbouElazm is chairman of Tamweely Microfinance and was co-founder of microfinance firm Tanmeyah.The Information Technology Industry Development\u2026","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593365,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/edf-acquires-undisclosed-stake-in-egyptian-renewables-company-karmsolar\/","url_meta":{"origin":546424,"position":4},"title":"EDF acquires undisclosed stake in Egyptian renewables company KarmSolar","author":"enterpriseam admin","date":"26 November 2019","format":false,"excerpt":"M&A WATCH- EDF acquires undisclosed stake in Egypt\u2019s KarmSolar: French energy company EDF Renewables has acquired a \u201cstrategic stake\u201d in Egyptian renewable energy player KarmSolar through a capital increase, according to an emailed statement (pdf). The size and value of the stake were not disclosed. Background: Previous local press reports\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":674367,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/","url_meta":{"origin":546424,"position":5},"title":"KarmSolar to develop its first solar plant in Cyprus","author":"enterpriseam admin","date":"28 October 2025","format":false,"excerpt":"The company secured EUR 5 mn in financing from Eurobank for the project","rel":"","context":"In &quot;EXPANSION&quot;","block_context":{"text":"EXPANSION","link":"https:\/\/enterpriseam.com\/egypt\/category\/expansion\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546424"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546424\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546406"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546424"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546424"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}