Mr. Mohamed Abbas

CEO & Managing Director since March 2017
Deputy Chairman & Managing Director from October 2014 until March 2017
Mr. Mohamed Fayed joined Bank Audi in October 2014 as a Deputy Chairman and Managing Director, later in Mid 2016 he was elected by the Board of Directors to act as a Co-Chairman. Finally, the General Assembly held on March 2nd nominated Mr. Fayed as the CEO & Managing Director. Mr. Fayed has 25 years’ experience in banking, diversified in two leading local and multinational banks in Egypt, namely Banque Misr and Misr International Bank, (acquired by National Société General Bank than later acquired by Qatar National Bank).

He was the Executive Vice Chairman of Banque Misr, the second largest Bank in Egypt from June 2010 till September 2014, in charge of all Lines of Business including Corporate Banking & Syndication, Treasury & Capital Markets, Financial Institutions, Islamic Banking, Retail Banking, 500 Branches, Investment Banking, Information Technology and all Overseas Subsidiaries.

His major target during the last 4 years was to boost the Bank businesses’ activities in all areas, managing over 12000 employees, which lead to a remarkable growth of 52% in total footing, 226% net profit and total assets reached around US$ 40 Billion.

Attributed to his restructuring of the business model (corporate identity, branches, services, developed products, distributing channels, IT systems and applications). From 2003 until 2014, he successfully managed and closed several landmark transactions with total investments exceeding EGP300 Billion in various economic sectors with a great value for the economy.

Additionally he was the Vice Chairman of Misr Bank Europe – Germany and Board Member in Bank Misr Liban, Member of the Canadian Chamber and the American Chamber of Commerce. Fayed helped Banque Misr to reach the 4th ranking for the first time on Bloomberg League table as a mandated lead arranger. Fayed was also a Board member representing Banque Misr in different corporates, Egyptian Real Estate Asset Management and Investment, Nile Fund for Investment & Development, Egyptian Mortgage Refinance Co., Misr Financial and Investment Co.

Fayed started his carrier back in 1989, when he joined Misr International Bank and remained for 18 years in the Corporate Banking with a wide experience in Corporate Finance, Project Finance, Syndicated Loans, Acquisition Finance, Corporate Bonds, Securitization, Restructuring, and Islamic finance. Additionally, he played a principal role during the acquisition of Misr International Bank by National Société Generale Bank being an active member of the committee in charge