{"id":649423,"date":"2024-10-09T00:00:00","date_gmt":"2024-10-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/"},"modified":"2024-10-09T00:00:00","modified_gmt":"2024-10-09T00:00:00","slug":"ci-capital-taps-ahmed-issa-as-non-executive-chairman","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/","title":{"rendered":"CI Capital taps Ahmed Issa as non-executive chairman"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CI Capital has a new non-executive chairman at the helm:<\/strong> CI Capital has appointed Ahmed Issa as non-executive chair of the company\u2019s board of directors representing Banque Misr, the firm said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/645.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The executive board member and deputy CEO of Banque Misr and former tourism minister succeeded Mohamed El Etreby as Banque Misr\u2019s representative \u2014 El Etreby and Hisham Okasha at the National Bank of Egypt last month <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c78ed08e-d0b9-41fa-9247-635f83a57c84\/el-etreby-and%253cmark%253e-okasha%253c%2Fmark%253e-swap-positions-in-nbe,-banque-misr-board-shakeups-%2B-a-new-semed-director-at-the-ebrd\" style=\"\" rel=\"noopener\">swapped chief executive officer positions<\/a> at the two banks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aly El Shalakany has been appointed <\/strong><strong>Africa-focused VC firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/54collective.vc\/\" style=\"\" rel=\"noopener\">54 Collective<\/a><\/strong><strong>\u2019s managing director for Egypt and North Africa<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/54collective_join54collective-54collectiveegypt-buildwithoutboundaries-activity-7249403071187865601-dAr9\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">according to the firm<\/a>. El Shalakany is a familiar face in the local VC scene as a managing partner of Acasia Ventures for the past four years. The appointment comes as the firm works to set up an office in Egypt, the company said in a note seen by Enterprise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Get to know him better: <\/strong>We spoke to El Shalakany back in 2019 for our <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7bd579f0-ade6-4e46-b0db-f1ee77ed6f22\/my-morning-routine:%253cmark%253e-aly-el-shalakany%253c%2Fmark%253e,-senior-partner-at-shalakany\" style=\"\" rel=\"noopener\">My Morning Routine column<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>CI Capital has a new non-executive chairman at the helm: CI Capital has appointed Ahmed Issa as non-executive chair of the company\u2019s board of directors representing Banque Misr, the firm said in a statement (pdf). The executive board member and deputy CEO of Banque Misr and former tourism minister succeeded Mohamed El Etreby as Banque [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":649424,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7088,1917,136,72,206,123,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-ahmed-issa","tag-aly-shalakany","tag-ci-capital","tag-enterpriseam","tag-moves","tag-startups","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"a5aec5ff-dd25-4ca2-98dd-1d2a1e4dc97a","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/673.jpg","photo_position":"above","homepage_title":"","full_issue_title":"CI Capital taps Ahmed Issa as non-executive chairman","related_issue":[649403],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.f618bd3a-9d24-4e46-be9b-a04b8032ff36.mp3"},"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>CI Capital taps Ahmed Issa as non-executive chairman - 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\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CI Capital taps Ahmed Issa as non-executive chairman\" \/>\n<meta property=\"og:description\" content=\"CI Capital has a new non-executive chairman at the helm: CI Capital has appointed Ahmed Issa as non-executive chair of the company\u2019s board of directors representing Banque Misr, the firm said in a statement (pdf). The executive board member and deputy CEO of Banque Misr and former tourism minister succeeded Mohamed El Etreby as Banque [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-09T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/673.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\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CI Capital taps Ahmed Issa as non-executive chairman\",\"datePublished\":\"2024-10-09T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/\"},\"wordCount\":175,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/673.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Ahmed Issa\",\"Aly Shalakany\",\"CI Capital\",\"EnterpriseAM\",\"moves\",\"startups\",\"venture capital\"],\"articleSection\":[\"Moves\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/ci-capital-taps-ahmed-issa-as-non-executive-chairman\/\",\"name\":\"CI Capital taps Ahmed Issa as non-executive chairman - 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The new boards were appointed for three-year terms. At the top: Banque Misr CEO Mohamed El Etreby (bio)\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\/2024\/9\/1602.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588094,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/06\/mohamed-el-etreby-appointed-ci-capital-chairman\/","url_meta":{"origin":649423,"position":1},"title":"Mohamed El Etreby appointed CI Capital chairman","author":"enterpriseam admin","date":"6 June 2023","format":false,"excerpt":"El Etreby succeeds Mahmoud Attalla","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\/2023\/6\/259.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":684906,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/16\/ahmed-issa-joins-fab-misr-as-ceo\/","url_meta":{"origin":649423,"position":2},"title":"Ahmed Issa joins FAB Misr as CEO","author":"enterpriseam admin","date":"16 February 2026","format":false,"excerpt":"The former tourism minister will assume his duties this week","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\/2024\/10\/673.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573716,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/16\/state-owned-banque-misr-is-now-the-largest-shareholder-in-egx-listed-ci-capital\/","url_meta":{"origin":649423,"position":3},"title":"State-owned Banque Misr is now the largest shareholder in EGX-listed CI Capital","author":"enterpriseam admin","date":"16 August 2020","format":false,"excerpt":"M&A WATCH- State-owned Banque Misr is now the largest shareholder in EGX-listed CI Capital after acquiring another 9% stake in the investment bank on Thursday, raising its total holdings to 24.7%, Reuters reports. This came a day after the bank purchased 14 mn shares in the financial services firm, which\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":546539,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/mohamed-el-etreby-appointed-uab-chairman\/","url_meta":{"origin":649423,"position":4},"title":"Mohamed El Etreby appointed UAB chairman","author":"enterpriseam admin","date":"19 May 2022","format":false,"excerpt":"Banque Misr\u2019s El Etreby named UAB head: Banque Misr Chairman Mohamed El Etreby (bio) has been selected to succeed Sheikh Mohamed El Jarrah Al Sabbah as the head of the Union of Arab Banks (UAB) for a three-year term, according to a statement. Banque du Caire\u2019s Tarek Fayed was also\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":574843,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/23\/ci-capital-elects-ahmed-sobhy-and-neveen-el-tahri-to-board-of-directors\/","url_meta":{"origin":649423,"position":5},"title":"CI Capital elects Ahmed Sobhy and Neveen El Tahri to board of directors","author":"enterpriseam admin","date":"23 September 2020","format":false,"excerpt":"MOVES- CI Capital has asked Ahmed Sobhy (Linkedin) and Neveen El Tahri (Linkedin) to join its board of directors, according to an EGX filing (pdf). Sobhy is head of principal investments and capital markets at Banque Misr (which recently took a 15% stake in the investment bank), while El Tahri\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\/649423","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=649423"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649423\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/649424"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649423"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649423"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}