{"id":644168,"date":"2024-09-22T00:00:00","date_gmt":"2024-09-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/"},"modified":"2024-09-22T00:00:00","modified_gmt":"2024-09-22T00:00:00","slug":"el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/","title":{"rendered":"El Etreby and Okasha swap positions in NBE, Banque Misr board shakeups + A new SEMED director at the EBRD"},"content":{"rendered":"

Board shakeup at NBE and Banque Misr:<\/strong> The National Bank of Egypt (NBE) and Banque Misr are welcoming new boards following directives from Prime Minister Moustafa Madbouly published in the Official Gazette. The new boards were appointed for three-year terms. <\/p>\n

At the top: <\/strong>Banque Misr CEO Mohamed El Etreby<\/strong> (bio<\/a>) is becoming the CEO of the National Bank of Egypt, while current NBE president Hisham Okasha<\/strong> is taking El Etreby\u2019s place at Banque Misr, according to the decision. The news confirms what banking sources previously told Enterprise<\/a> about El Etreby and Okasha swapping positions. <\/p>\n

At NBE: <\/strong>Former Banque Misr chairman Mohamed Barakat has been appointed non-executive chairman of NBE and former EBRD Vice President and CFO Soha El Turky will join the NBE as vice president (LinkedIn<\/a>). <\/p>\n

At Banque Misr: <\/strong>Essam El Din El Wakeel was tapped as Banque Misr\u2019s non-executive chairman and former tourism minister and CIB CEO for retail banking Ahmed Issa will join the bank as executive board member and deputy CEO. <\/p>\n

EBRD APPOINTS NEW SEMED HEAD- <\/p>\n

EBRD taps new SEMED director: <\/strong>The European Bank for Reconstruction and Development (EBRD) has appointed<\/a> Mark Davis (LinkedIn<\/a>) as its managing director for the Southern and Eastern Mediterranean (SEMED) region, succeeding Heike Harmgart, who has been appointed EBRD managing director for Sub-Saharan Africa. Davis has been with the EBRD since 2013, first joining as senior advisor to the VP of banking before moving up the ranks to regional director for Romania and Bulgaria and then regional director for central Europe. He starts his term on 1 October. <\/p>\n","protected":false},"excerpt":{"rendered":"

Board shakeup at NBE and Banque Misr: The National Bank of Egypt (NBE) and Banque Misr are welcoming new boards following directives from Prime Minister Moustafa Madbouly published in the Official Gazette. The new boards were appointed for three-year terms. At the top: Banque Misr CEO Mohamed El Etreby (bio) is becoming the CEO of […]<\/p>\n","protected":false},"author":1,"featured_media":644169,"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":[576,571,72,206,248],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-644168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-banque-misr","tag-ebrd","tag-enterpriseam","tag-moves","tag-national-bank-of-egypt","wpautop","entry"],"acf":{"mongo_id":"c78ed08e-d0b9-41fa-9247-635f83a57c84","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/1602.jpg","photo_position":"above","homepage_title":"","full_issue_title":"El Etreby and Okasha swap positions in National Bank of Egypt, Banque Misr board shakeups + A new SEMED director at the EBRD","related_issue":[644151],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.cd1a986a-6840-4bcb-967e-522cefd8af80.mp3"},"yoast_head":"\nEl Etreby and Okasha swap positions in NBE, Banque Misr board shakeups + A new SEMED director at the EBRD - 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\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Etreby and Okasha swap positions in NBE, Banque Misr board shakeups + A new SEMED director at the EBRD\" \/>\n<meta property=\"og:description\" content=\"Board shakeup at NBE and Banque Misr: The National Bank of Egypt (NBE) and Banque Misr are welcoming new boards following directives from Prime Minister Moustafa Madbouly published in the Official Gazette. The new boards were appointed for three-year terms. At the top: Banque Misr CEO Mohamed El Etreby (bio) is becoming the CEO of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-22T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1602.jpg?fit=%2C&ssl=1\" \/>\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\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Etreby and Okasha swap positions in NBE, Banque Misr board shakeups + A new SEMED director at the EBRD\",\"datePublished\":\"2024-09-22T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/\"},\"wordCount\":276,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1602.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Banque Misr\",\"EBRD\",\"EnterpriseAM\",\"moves\",\"National Bank of Egypt\"],\"articleSection\":[\"Moves\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/22\/el-etreby-and-okasha-swap-positions-in-nbe-banque-misr-board-shakeups-a-new-semed-director-at-the-ebrd\/\",\"name\":\"El Etreby and Okasha swap positions in NBE, Banque Misr board shakeups + A new SEMED director at the EBRD - 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A management shakeup at state-owned banks is expected next month, as terms for chairmen end on 25 September.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570211,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/23\/banque-misrs-el-etreby-named-feb-chairman\/","url_meta":{"origin":644168,"position":1},"title":"Banque Misr\u2019s El Etreby named FEB chairman","author":"enterpriseam admin","date":"23 March 2020","format":false,"excerpt":"MOVES- Banque Misr\u2019s El Etreby named FEB chairman: Banque Misr Chairman MohamedEl Etreby has been selected to succeed CIB\u2019s Hisham Ezz El Arab as the chair of the Federation of Egyptian Banks for a three-year term, according to Masrawy. 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