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The Egyptian Prime Minister Hesham Kandil has dismissed Mohsen El-Batran, chairman of the Principal Bank for Development and Agricultural Credit, and named Alaa Samaha the new chairman of the bank for the next three years.
Dr. Tarek Abu Bakr Abbas Helmy was also appointed as deputy chairman of the bank for the next three years.
It is worth noting that El-Batran was appointed as chairman of the Principal Bank for Development and Agricultural Credit in September 2011, following Ali Shaker.
