{"id":562644,"date":"2021-06-01T04:00:45","date_gmt":"2021-06-01T04:00:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/01\/palm-hills-appoints-hazem-badran-tarek-tantawy-as-new-co-ceos\/"},"modified":"2021-06-01T04:00:45","modified_gmt":"2021-06-01T04:00:45","slug":"palm-hills-appoints-hazem-badran-tarek-tantawy-as-new-co-ceos","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/01\/palm-hills-appoints-hazem-badran-tarek-tantawy-as-new-co-ceos\/","title":{"rendered":"Palm Hills appoints Hazem Badran, Tarek Tantawy as new co-CEOs"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a><strong> Palm Hills Development<\/strong> has appointed former CI Capital co-CEOs<strong> Hazem Badran <\/strong>and <strong>Tarek Tantawy<\/strong> (<a href=\"https:\/\/www.linkedin.com\/in\/tarek-tantawy-cfa-4822261a\/\">LinkedIn<\/a>) as new <strong>co-CEOs<\/strong> and <strong>managing directors<\/strong> to replace founder <strong>Yasseen Mansour<\/strong>, who is handing over the CEO\u2019s job but will remain executive chairman, according to a <a href=\"https:\/\/ent.news\/2021\/5\/Palm-Hills-PRL-31-May-2021-English.pdf\">statement (<\/a><a href=\"https:\/\/ent.news\/2021\/5\/Palm-Hills-PRL-31-May-2021-English.pdf\">pdf<\/a><a href=\"https:\/\/ent.news\/2021\/5\/Palm-Hills-PRL-31-May-2021-English.pdf\">)<\/a> yesterday. The pair <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9cede41e-166e-4826-8075-1e669a966b83\">left CI Capital<\/a> in April, and are setting up <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b022bded-faf3-4f2e-a05b-fdea2f421cba\">a PE firm<\/a> together, dubbed Valor Capital Partners. Badran has 22 years of experience in corporate finance and investment banking in the MENA region and was at EFG Hermes before joining CI Capital, where he became co-CEO. Tantawy was also formerly CI Capital\u2019s managing director and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3540555d-32a4-488e-a5be-159b29ec7d6f\">co-CEO<\/a>, having joined the company from Telecom Egypt, where he was CEO of the fixed-line and mobile giant.<\/p>\n<p><strong><a href=\"https:\/\/www.maximig.com\/\">Maxim Investment Group<\/a><\/strong><a href=\"https:\/\/www.maximig.com\/\"><\/a>has appointed <strong>Mohamed Samir El Sayed<\/strong> (<a href=\"http:\/\/linkedin.cn\/in\/mohamed-samir-el-sayed-4840242b\/?trk=public_profile_browsemap_profile-result-card_result-card_full-click\">LinkedIn<\/a>) as its new <strong>CEO<\/strong>, it said in <a href=\"https:\/\/ent.news\/2021\/5\/Maxim-PRL-EN.pdf\">a statement (<\/a><a href=\"https:\/\/ent.news\/2021\/5\/Maxim-PRL-EN.pdf\">pdf<\/a><a href=\"https:\/\/ent.news\/2021\/5\/Maxim-PRL-EN.pdf\">)<\/a>. Sayed has almost two decades of experience in development and hospitality, and joins from Emaar Hospitality Group, where he served as its corporate director of operations and development. Maxim also appointed Alia El Nagdi <a href=\"https:\/\/www.linkedin.com\/in\/alia-el-nagdi-26040454?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAAAtzTGgBaIJPMFuygZg8R-knMbHA8UrJa-U&lipi=urn%3Ali%3Apage%3Ad_flagship3_search_srp_all%3BNvkeWSB6R9%2B1fng1N1HTYA%3D%3D\">(LinkedIn)<\/a> as its chief marketing officer. El Nagdi will bring to the company over 25 years of experience in the hospitality and real estate development industries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palm Hills Development has appointed former CI Capital co-CEOs Hazem Badran and Tarek Tantawy (LinkedIn) as new co-CEOs and managing directors to replace founder Yasseen Mansour, who is handing over the CEO\u2019s job but will remain executive chairman, according to a statement (pdf) yesterday. The pair left CI Capital in April, and are setting up [&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":[72,4034,206,354,4035],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562644","post","type-post","status-publish","format-standard","hentry","category-moves","tag-enterpriseam","tag-hazem-badran","tag-moves","tag-palm-hills-developments","tag-tarek-tantawy","wpautop","entry"],"acf":{"mongo_id":"6ed3a83f-b997-430f-8a34-e91a22b7f307","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[562633],"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>Palm Hills appoints Hazem Badran, Tarek Tantawy as new co-CEOs - 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\/2021\/06\/01\/palm-hills-appoints-hazem-badran-tarek-tantawy-as-new-co-ceos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palm Hills appoints Hazem Badran, Tarek Tantawy as new co-CEOs\" \/>\n<meta property=\"og:description\" content=\"Palm Hills Development has appointed former CI Capital co-CEOs Hazem Badran and Tarek Tantawy (LinkedIn) as new co-CEOs and managing directors to replace founder Yasseen Mansour, who is handing over the CEO\u2019s job but will remain executive chairman, according to a statement (pdf) yesterday. 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Tantawy will retain his position as managing director of the company, which he has held since 2017. Tantawy was CFO of IDJ-Beyti and CEO of Telecom Egypt prior\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":565579,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/hesham-gohar-tapped-as-ci-capital-ceo\/","url_meta":{"origin":562644,"position":1},"title":"Hesham Gohar tapped as CI Capital CEO","author":"enterpriseam admin","date":"18 April 2021","format":false,"excerpt":"CI Capital has appointed Hesham Gohar (LinkedIn) as CEO after Hazem Badran (bio) and Tarek Tantawy (LinkedIn) stepped down from their positions as co-CEOs and managing directors, effective 20 May, according to a press release(pdf). Badran, who joined CI Capital in 2013, and Tantawy, who joined in 2015, both resigned\u2026","rel":"","context":"In &quot;SPEED ROUND: MOVES&quot;","block_context":{"text":"SPEED ROUND: MOVES","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-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":566013,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/23\/hazem-badran-tarek-tantawi-set-up-new-pe-firm\/","url_meta":{"origin":562644,"position":2},"title":"Hazem Badran, Tarek Tantawi set up new PE firm","author":"enterpriseam admin","date":"23 May 2021","format":false,"excerpt":"Former CI Capital co-CEOs Hazem Badran (bio) and Tarek Tantawi (LinkedIn) appear to be setting up a new PE firm, dubbed Valor Capital Partners, Badran tells Hapi Journal in an interview out this morning. The new firm is still being founded and is in early stages, with the principles and\u2026","rel":"","context":"In &quot;SPEED ROUND: M&amp;A WATCH&quot;","block_context":{"text":"SPEED ROUND: M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566372,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/15\/palm-hills-development-scores-an-impressive-1q2021\/","url_meta":{"origin":562644,"position":3},"title":"Palm Hills Development scores an impressive 1Q2021","author":"enterpriseam admin","date":"15 June 2021","format":false,"excerpt":"Palm Hills Development\u2019s bottomline soared 152% y-o-y to EGP 205 mn during 1Q2021, up from EGP 81 mn in 1Q2020, according to the real estate developer\u2019s earnings release (pdf). This came as revenues rose 74%, reaching EGP 1.98 bn from EGP 1.14 bn in 1Q2020, driven by a surge in\u2026","rel":"","context":"In &quot;SPEED ROUND: EARNINGS WATCH&quot;","block_context":{"text":"SPEED ROUND: EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572546,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/29\/phd-appoints-tarek-tantawi-as-a-board-member-mohamed-el-saadawi-new-mih-chairman\/","url_meta":{"origin":562644,"position":4},"title":"PHD appoints Tarek Tantawi as a board member, Mohamed El Saadawi new MIH chairman","author":"enterpriseam admin","date":"29 June 2020","format":false,"excerpt":"MOVES- Palm Hills Developments has appointed CI Capital Holding\u2019s group co-CEO and managing director Tarek Tantawy (LinkedIn) as a board member, after accepting the resignation of COO Mohamed Fahmy Soliman (LinkedIn), according to a disclosure to the EGX (pdf). Egyptian Ferro Alloys Company boss Mohamed El Saadawi has been selected\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":599887,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/14\/ci-capital-plans-to-launch-mortgage-financing-unit-by-early-2q2019\/","url_meta":{"origin":562644,"position":5},"title":"CI Capital plans to launch mortgage financing unit by early 2Q2019","author":"enterpriseam admin","date":"14 January 2019","format":false,"excerpt":"CI Capital plans to launch mortgage financing arm by early 2Q2019: CI Capital has submitted a request to the Financial Regulatory Authority for a mortgage financing license, Co-CEO Hazem Badran said in an interview on the sidelines of the CI Capital MENA Investors Conference. The investment bank expects to get\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562644","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=562644"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562644\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562633"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562644"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562644"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}