Adnoc L&S taps new CFO: Adnoc Logistics and Services (Adnoc L&S) appointed Hugh Baker (LinkedIn) as its new chief financial officer (CFO), as of yesterday, according to a press release (pdf). This comes a few months after the departure of former CFO Nicholas Gleeson.

Baker previously served as principal at debt advisory services outfit Ellsworth Maritime and as CFO at Eneti, where he led the firm’s financial strategy, oversaw capital markets activity, and headed investor relations.


El Gawsaky tapped as new GAFI head: Mohamed El Gawsaky (LinkedIn) has been appointed CEO of Egypt’s General Authority for Investment and Freezones (GAFI) for a one-year term by Prime Minister Moustafa Madbouly, according to a cabinet statement. El Gawsaky succeeds Hossam Heiba, who had led the authority since late 2022.

Who is El Gawsaky? El Gawsaky makes the move to GAFI from the Investment Ministry, where he most recently served as Assistant Minister for Planning, Trade, and Digital Transformation. Before joining the Investment Ministry, El Gawsaky served as Undersecretary at the CIT Ministry, where he acted as the primary liaison between the government and tech multinationals to drive FDI into the ICT sector. El Gawsaky spent 15 years in the private sector before entering government service.