Executive Management Team
Mr. Tarek Fayed
Chairman & Chief Executive Officer
Holding the position of Chairman and CEO at Banque du Caire, with over 32 years of banking experience in a variety of fields, including but not limited to banking supervision, risk management, and corporate and investment banking.
Mr. Fayed is currently a board member of; the Egyptian Banking Institute, Social Fund for Mortgage Finance, Egyptian Stock Market, Union of Arab Banks, Credit Guarantee Company (CGC), Cairo Leasing Company (CLC) General Assembly Egyptian Holding Company for Aviation, and Federation of Egyptian Chambers of Commerce.
Prior to his tenure with Banque du Caire, Mr. Fayed spent 10 years working for the CBE, he has overseen several departments, including but not limited to off-site supervision, licensing, and macroprudential supervision. He shifted the supervisory framework from a compliance to a risk-based approach and introduced new supervisory tools, such as early warning and stress testing. He also participated in the introduction of a large range of prudential regulations including Basel Standards.
Additionally, he established Egypt’s 1st financial stability report in 2016 and was also a part of the CBE negotiation team with the IMF to facilitate Egypt’s economic reform program in 2016.
He represented the CBE in regional and international organizations; The Arab Monetary Fund Financial Stability Working Group, The Islamic Financial Services Board, African Trade and Development Bank, General Assembly of the Egyptian Electricity Authority, and he was a member of the National Committee of Refund of Funds. He also represented the CBE as a non-executive director for a number of financial institutions as part of its transformation; the Agricultural Bank of Egypt, United Bank, and Arab International Bank.
Prior to his tenure with the CBE, Mr. Fayed was the General Manager and Chief Risk Officer at the Arab International Bank in Cairo. Mr. Fayed worked at Samba Financial Group in Riyadh, KSA as the Audit Director.
Mr. Fayed also held a post at Citibank Egypt in both Cairo and Alexandria as Corporate Bank Head, where he navigated the corporate banking strategy in line with the Bank’s overall growth plan and developed marketing plans for the segment to grow its market share.
Mr. Fayed holds a BA in Commerce from Ain Shams University, in addition to various certifications in Credit and Risk Management. He also led and attended numerous study tours and seminars with supervisory bodies and international institutions, such as the Federal Reserve, European Central Bank, Bank of England, Deutsche Bundesbank, and Bank for International Settlements.
Mr. Bahaa El Shafie
Executive Vice Chairman
Bahaa El Shafie has 30 years of banking experience in Corporate and Investment Banking.
Throughout the last 10 years, El Shafie headed the Corporate and Investment Banking Division at QNB Al-Ahli (previously National Société Générale Bank).
Besides managing the bank’s large corporate portfolio, he managed the bank’s Private Equity Portfolio in addition to Custody services and Mutual Funds. He was a leading member of several committees at QNB Al Ahli including; Management Committee, Assets and Liability Committee, Risk Review Committee, Recovery Committee as well as the Investment Committee.
Mr. El Shafie multidisciplinary background resulted in becoming the representative for QNB Al Ahli in a number of companies in various sectors including tourism, petroleum, and asset management, where he was assigned as member of the Board of Directors representing QNB Al Ahli.
El Shafie had spent several years working as the Head of Project Finance and Structured Finance at QNB Al Ahli, during which he arranged and managed several Syndicated loans for mega projects in different economic sectors including Petroleum and Petrochemicals, telecommunications, Construction, as well as large National Projects that required coordination amongst multiple Egyptian and foreign banks and Multilateral Institutions.
El Shafie led his team in assuming several leading Agency and Security agency roles as well as leading the arrangement of almost all Syndicated transactions in the local market. He Structured and Managed the execution of complex transactions including Mergers, acquisitions and leveraged buy-outs.
As an Executive Director and a core member of the committees at QNB Al Ahli, El Shafie has actively participated in multiple financial mergers throughout his career including the initial merger between National Société Générale Bank and Misr International Bank which was then followed by Qatar National Bank’s acquisition of National Société Générale Bank.
During El Shafie’s career, he managed to consolidate a range of certifications. After receiving a post-graduate degree in Investment Appraisal and Risk Management from Harvard University in Massachusetts, USA, El Shafie continued advancing his knowledge by having training courses - internally and externally - in the fields of Advanced Capital Market and Portfolio Management and Advanced Credit Analysis at the American University in Cairo, Derivatives and Options at SOGEMARC – Paris.
As El Shafie continues to stay well versed in the industry’s on-goings, he most recently took part in the Future Leaders Program at the Egyptian Banking Institute, the Leadership Program at London Business School as well as the Executive Leadership Program at Harvard University - Harvard Business School to be exact - in the USA.
Mrs. Hala El Kasar
Chief Risk Officer
Ms. Hala Kasar joined Banque du Caire in October 2010 as the Head of Credit Risk and was appointed as Chief Risk Officer in May 2012. She has extensive management experience in the areas of credit risk, market risk, operational risk, credit administration, remedial loans, and information security.
Before joining Banque du Caire, Ms. El Kasar filled various credit risk positions at leading banks including Abu Dhabi Islamic Bank as Head of Credit Risk & Portfolio Management and the Arab Banking Corporation Egypt as the Credit & Risk Management Division Head.
Ms. El Kasar has a diversified 25 years of experience in banking in the fields of corporate finance, credit, various risk management functions as well as information security management and has extensive knowledge of governance, compliance, and control frameworks.
She previously held various external positions as a non-executive member of the board of directors of Nile Holding for Investment (a subsidiary of Banque du Caire) and Misr Insurance Holding Companies.
She is also currently a non-executive member of I-Score’s board of directors. Ms. El Kasar holds a diploma in the implementation of Basel II Requirements with the American Bankers Association, as well as a BA in Economics from the American University in Cairo.
Mr. Mohamed Aly
Mr. Mohamed Aly joined Banque du Caire in September 2018 as the Head of Treasury & Capital Markets Group capitalizing on his 26 years of experience in covering international markets as well as the Egyptian market.
He is also a member of the Executive, ALCO, and Investment Committees at Banque du Caire. He is currently a member of the American Chamber of Commerce in Egypt and the Interarab Cambist Association (ICA).
Additionally, he is the Vice Chairman & Board Member of ACI Egypt.
Prior to joining the bank, Mr. Aly was the Head of Capital Markets at QNB Alahli.
During his time at QNB Alahli, Mr. Aly was the Portfolio and Investment Manager of the Staff Fund. Prior to QNB Alahli, he was the Head of Capital Markets at National Société Générale Bank in Cairo (Socgen Cairo).
During his professional experience, Mr. Aly attended numerous seminars and workshops for well-known international investment houses in Europe, the United States, and Gulf countries covering various banking and finance topics.
Mr. Aly holds a BA in Business Administration from Ain Shams University.
Mr. Mohamed Ibrahim
Chief Financial Officer
Mr. Mohamed Ibrahim leverages more than 20 years of experience across financial control, financial planning and analysis and banking operations at multiple international and local banks.
He is currently Chief Financial Officer (CFO) at Banque du Caire where he leads on finance, strategy, and investor relations, having previously served as Financial Controller and Deputy CFO at the bank.
Prior to joining Banque du Caire, Mr. Ibrahim spent 10 years at Barclays Bank in Egypt, later Attijariwafa Bank, where he held multiple roles including Financial Controller and Vice President, Head of Accounting and Financial Regulatory Reporting, and Head of Business Planning and Analysis, among others.
He previously spent 7 years with Citibank Egypt, where he last served as Business Planning Assistant Manager under the Global Consumer Group.
Mr. Ibrahim is a Certified Management Accountant and holds a Bachelor of Commerce in Accounting from Ain Shams University.