Egypt’s Premier Names Atef El-Sherif New Bourse Chief

Egypt’s Prime Minister Dr. Hisham Kandil has issued a decree on Thursday naming the country’s new stock market chief alongside its deputy.

Dr. Kandil has selected Mr. Atef Yassin El-Sherif as the new Egyptian Exchange (EGX) Chairman, in place of Dr. Mohamed Omran whose term shall expire next June 30th.

Additionally, Mr. Ashraf Kamal will succeed Judge Khaled El-Nashar as EGX’s Vice Chairman.

The new appointments will be effected as of July 1st.

Mr. Atef El-Sherif has served as the vice chairman of the Legal Affairs Sector at the EGX. He has been also the former EGX chairman Maged Shawky’s aide (2005 -2010).

Meanwhile, Mr. Kamal has served the head of the Disclosure Management at the EGX.