Cairo Bank Announces Board and Leadership Structure as Trading Debuts on the Egyptian Exchange

Monday 2 November 2026 07:51

Official Trading Begins with a Market Capitalization Exceeding EGP 80 Billion

The Egyptian Exchange (EGX) witnessed the official start of trading on Banque du Caire's shares today, Monday, November 2, 2026, following the major success of its public and private offering, which reached a total value of approximately EGP 36.37 billion.

The final offer price was set at EGP 5.30 per share, bringing the bank’s market capitalization at listing to around EGP 80.83 billion. The public offering recorded unprecedented investor demand, being oversubscribed 27 times with subscription orders reaching nearly 9.29 billion shares, compared to 343.125 million shares offered. Meanwhile, the private placement was valued at approximately EGP 34.55 billion, representing about 6.519 billion shares.

Board of Directors Structure: 10 Members Leading the Bank's New Phase

In conjunction with the start of trading and in compliance with governance and disclosure rules, Banque du Caire announced the current structure of its Board of Directors, comprising 10 members (2 executive members and 8 non-executive members):

Mohamed Yehia Sayam Anwar Ozalp – Non-Executive Chairman (continuing in position since September 2024).

Hussein Mohamed Maged Hussein Abaza – Managing Director & Executive Board Member (continuing in position since September 2024).

Mohamed Bahaa Yehia Mohamed El-Shafei – Executive Board Member.

Hisham Mohamed Abdel Aal Mohamed – Non-Executive Board Member.

Ahmed Alaa El-Din Ali El-Gendy – Non-Executive Board Member.

Osama Mohamed Said El-Masry – Non-Executive Board Member.

Mahmoud Fouad Ahmed El-Moustafa – Non-Executive Board Member.

Hisham Abdel Azim Ibrahim Mohamed – Non-Executive Board Member.

Nihal Hussein Kamal Ahmed – Non-Executive Board Member.

Laila Bint Mohamed Hamda Farah – Non-Executive Board Member.

Key Executive Management and Head of Sectors

The bank's disclosure also revealed the key executive leaders responsible for managing vital sectors, with Ahmed Effat Hami El-Gamel serving as Deputy Chief Executive Officer.

The executive team also includes:

Mohamed Ali Mahmoud Loutfi – Head of Treasury Sector.

Hala Hassan El-Bassiouny El-Kassar – Head of Risk Sector.

Mohamed Ibrahim Abdel Hamid Eid – Head of Financial Sector.