On Saturday Sep,1 2012 during its latest periodic meeting, the Egyptian Exchange (EGX) Board of Directors discussed some issues, and on the sidelines of that meeting it approved some amendments in the formation of its Board of Directors; by changing the central bank appointed representative to be Dr. Rania Al Mashat instead of Mr. Nedal El Aasar after appointing him in Misr for central Clearing, Depository and Registry Board of Directors. In another context Mr. Gamal Fawzy resigned from EGX board by the absence of his description as a representative for the listed companies, after abandoning his post as chairman of Mena real estate investment company. On this occasion Mr. Nedal El Aasar expressed pride with his participation in the policy-making of the non-banking financial sector through its membership in EGX Board of Directors, also Mr. Gamal Fawzi has wished success for the other members of EGX Board in the remaining period to adopt policies that could benefit all of the market parties. From his part, Dr. Mohammed Omran, EGX Chairman expressed his sincere thanks and appreciation to the former board members, also he welcomed the new board members, stressing his confidence that the recent changes will not affect the board ability in the work policies formulation until the end of the current board period.
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Egyptian Exchange Announces New Amendments To Board Of Members
Date 02/09/2012