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Government Officials

• In 1998, he became Sales Manager and Member of the Board of Directors of Chevron Egypt S.A.E.

• During the period from 2002 till 2008, he got several Chevron assignments and managed projects in Dubai, Kenya & Singapore.

• In 2008 he became Managing Director – Marketing of Chevron Egypt.

From 2008 till end of 2010, he moved to Chevron South Africa, held the position of Regional Manager in charge of South & Central Africa’s Commercial & Industrial Business.

In Jan. 2011, he joined Egyptian General Petroleum Corporation (EGPC). During the period from (2011 – 2013) he held the positions of Deputy CEO for Foreign Trade, Deputy CEO for Internal Trade and Deputy CEO for Operations

In Aug. 2013, He was appointed as EGPC’s CEO.

On 19th Sept. 2015, he was appointed as Minister of Petroleum and Mineral Resources.

Received his B.Sc. in Mechanical Engineering Cairo University in 1986.

Joined Chevron (Egypt) in Jan. 1987. Worked in different fields and held various positions in Engineering, Operations, Planning, Sales and Marketing.

On 10th May 2017, the French President awarded him the “Ordre National de la Legion D’Honneur” at the rank of Knight

On 10th November 2020, the President of the Hellenic Republic awarded him the “Grand Commander of the Order of Phoenix”

Dr. Mohamed Maait is currently serving as the Minister of Finance, Prior to his appointment as Minister, he held the position Vice Minister of Finance for Public Treasury Affairs & Head of the Economic Justice Unit. In addition, he served as First Deputy Minister of Finance in 2015 and as a Deputy to the Minister of Finance for Pension and Social Insurance during the period (2009– 2013). In addition, he served as First Deputy Minister of Health & Population (2014 – 2015).

Over his career of 33 years, he held many positions such as Vice Chairman of the Egyptian Financial Super visor y Authority (20132015), Chairman of the Egyptian Governmental Actuarial Department (EGAD) at the Ministry of Finance (2010– 2013), Vice Chairman of the National Organization for Social Insurance (2011-2012), Senior Advisor to the Minister of Finance (20072009). He was also appointed as the Executive Director of the Egyptian Insurance Institute (2007). He also worked as a senior lecturer and has more than 30 years of teaching and researching experience at many universities in Egypt, Sudan, England and Scotland. He is also a member of many national and international committees and boards of directors.

Dr. Mohamed Maait is currently serving as the Minister of Finance, Prior to his appointment as Minister, he held the position Vice Minister of Finance for Public Treasury Affairs & Head of the Economic Justice Unit. In addition, he served as First Deputy Minister of Finance in 2015 and as a Deputy to the Minister of

Dr. Maait holds a BSc degree in Insurance and Mathematics from

Cairo University, Egypt (1984), an MPhil in Insurance from Cairo University, Egypt (1992), he also got a Diploma (1996), an MSc in Actuarial Science (1997), and a PhD degree in Actuarial Science from City University, London, UK (2003).

Rami Aboul Naga is Deputy Governor of the Central Bank of Egypt (CBE), as of November 2019. He oversees the Markets and Foreign Relations sectors, Monetary Policy, Economic Research, Information Technology, and Banking Operations & Payment Systems. He is also a Board member of several institutions, such as the Egyptian Stock Exchange, Egypt Post, amongst others.

Since joining, he oversaw the prudent management of the CBE’s foreign reserves, ensuring compliance with the stringent investment guidelines. He also spearheaded negotiations with financial institutions and other central banks, to attract foreign investments into the Egyptian market. Aboul Naga led the discussions with credit rating agencies in their quest to determine Egypt’s credit profile. He was entrusted with the Egyptian foreign exchange market’s management to monitor its activities and further its development. Not only, but he was responsible for supervising the local money and capital markets, as well as developing their infrastructure to promote their efficiency. As Head of the Monetary Policy Implementation Unit, Aboul Naga managed the implementation of the monetary policy, mainly through modelling and forecasting future liquidity conditions in the Egyptian banking sector.

Aboul Naga played a pivotal role in the discussions with the IMF and the implementation of the homegrown reform programme. His years of managing the Domestic Foreign

Exchange market equipped him with the expertise to revamp the foreign exchange framework and successfully liberalise the foreign exchange regime. Previously, as Sub-Governor of the Markets sector, he headed the Reserves Management, Treasury, and the Monetary Policy Implementation divisions, as well as Quantitative Modelling and Risk Analytics division. In April 2018, his scope was widened to include supervising the Foreign Relations and Investment sector, which included the External Debt, Back Office and Settlement division, as well as the Strategic Contributions divisions. Aboul Naga has more than 18 years of experience in the banking sector. Prior to his time at the CBE, he worked in the Treasury department of the Commercial International Bank. He is a graduate of the American University in Cairo, with a Bachelor’s degree in Business Administration and a minor in Economics, and holds a Master’s of Science degree in Finance from City University, UK. He received numerous training courses and certificates from various international institutions, such as the World Bank, the Federal Reserve Bank, and the German Bundesbank, among others. He also recently attended the Leadership and Change Management Executive Program at Yale University and the Executive Leadership Program at Harvard Business School. Aboul Naga has been selected in 2017, 2018, and 2019 for Choiseul 100 Africa, which, according to the independent think tank, “identifies young African leaders of 40 years old and below, who will play a major role in the continent’s economic development in the near future”.

Hossam Heiba, President, General Authority for Investment & Free Zones (GAFI)

Mr. Hossam Heiba is an experienced investment banker and direct investment professional with more than 32 years of experience of which 25 years management experience in setting up, managing, negotiating and enhancing direct investments in more than 15 different sectors and industries with international practice standards that involved undertaking different tasks that varied between managing investment companies and assuming operating roles, executing workable business plans, initiating and developing start up projects and companies in the various sectors and countries.

Mr. Heiba assumed several roles in various high profile companies and institutions such as Banking in Misr Iran Investment Bank, Management consultation in Coopers & Lybrand Management Consulting (currently PwC), Government Agencies in the Public Enterprise Office (PEO) - The Privatization Agency of Egypt, Direct investments & Asset Management in Al Ahly for Development & Investment (ADI), Venture Capital as CEO of Investia Venture Capital, Private Equity as Vice President of Egypt Kuwait Holding Co. (Al Kharafi Group) for Energy, Family Office as CIO in Energya Holding (DIFC), Advisory services as Managing Partner of Orbis Capital and Investment, Private Equity as Senior Partner in Beltone Private Equity as well as the Chief Investment Officer of ADI and the Fund Manager of both Bedaya SME Fund & Papyrus Tourism Fund, Non-banking Financial services as the CEO of Basata for SME & Microfinance.

During his years of experience, Mr. Heiba has restructured, solicited & raised finances, conducted equity and debt underwriting through introducing new strategic investors or IPO’s as well as provided investment consulting and advisory services, structuring and concluding corporate finance deals through dealing with various financial institutions such as international banks, multilateral institutions, as well as the World Bank; in addition to multinational and regional firms serving in more than 20 various sectors. In addition to managing companies’ operations in ICT, F&B, NBFS, Power Generation, Direct Investment & VC Companies.

Mr. Heiba was represented as a director/Chairman in several boards of companies such as Post for Investment (PFI) as Vice Chairman & Head of Investment Committee, Holdi Pharma as member in board investment committee, Chairman of El Nasr for Chemical Pharmaceutical Industries, Egyptian Pharma Distribution & Trading Co, EMRC, in addition to previous representations in more than 36 companies operating in Natural Gas Distribution, Venture Capital, Packaging, Tourism, FMCG, Power Generation, District Cooling, Asset Management, F&B, Retail, Engineering Ind., Insurance, Food Ind.

Hossam attended several conferences, seminars and roundtables as guest speaker in Egypt and the region as well as being a anchor host for “Money Talks” radio live and podcast show on Cairo Business Radio in addition to being a guest in several TV business shows.

Mr. Heiba is an instructor at AUC – Quest Consulting – EPEA –ECMA – RITI

Hossam completed MBA courses in International Business from Maastricht School of Management – Netherlands in 2000 after gaining his BA in Economics from the American University in Cairo in 1988.

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