Mahab Gamal appointed CEO of Al Ahly Saving under Al Ahly Capital Holding for Payments
Mahab Gamal appointed CEO of Al Ahly Saving under Al Ahly Capital Holding for Payments
CAIRO – May 2026 – Al Ahly Saving, currently under establishment and one of the subsidiaries of Al Ahly Capital Holding for Payments, affiliated with National Bank of Egypt, announced the appointment of Mahab Gamal as Chief Executive Officer of the company.
The appointment comes as Al Ahly Saving prepares to officially launch its operations in the Egyptian market as part of Al Ahly Capital Holding for Payments’ strategy to expand its presence in the fintech and digital financial services sector.
The company aims to expand its offerings in electronic payment and collection services, as well as business solutions, through an innovation-driven business model focused on financial technology and digital transformation. The move aligns with the rapid growth of Egypt’s digital payments market and the increasing adoption of electronic financial services and payment applications.
Commenting on his appointment, Mahab Gamal said: “I am proud of the trust placed in me by Al Ahly Capital Holding for Payments through my appointment as CEO of Al Ahly Saving, following a successful and rewarding journey as Deputy CEO and Head of Business Development at Al Ahly Momkn.”
He added: “This transition represents a new phase through which we aim to continue strengthening the digital payments ecosystem and shaping an innovative future for financial services in the Egyptian market beyond traditional frameworks.”
Gamal also emphasized the company’s ambition to build a sustainable technology-driven entity by leveraging the group’s accumulated expertise to deliver advanced savings and digital payment solutions that support financial inclusion and meet evolving customer needs.
Mahab Gamal is considered one of the prominent executives in Egypt’s fintech sector, bringing nearly 18 years of experience across the telecommunications and financial technology industries.
He graduated from the Faculty of Commerce with a specialization in Accounting and Business Administration and later earned an MBA degree. Gamal began his career in the telecommunications sector, working for six years at TEData and e& Egypt before transitioning into the fintech industry, where he accumulated more than 12 years of experience in business management, strategic expansion and digital financial services development.
During the past five years, Gamal led business development sectors at Al Ahly Momkn, contributing to the digitization of financial transactions through applications such as InstaPay and other electronic payment platforms. He also played a key role in driving the company’s strategic expansion plans and strengthening partnerships across the financial and technology sectors.
Prior to joining Al Ahly Momkn, he served as Head of Strategic Business at Fawry, where he contributed to developing business strategies, supporting expansion plans and advancing fintech solutions aligned with the rapidly evolving digital payments landscape.
Gamal is widely recognized for his expertise in leading high-performance teams, developing growth strategies for fintech companies and driving innovation within the financial services sector through scalable and sustainable digital solutions.