ArabFinance: CI Capital Holding for Financial Investments (CICH) appointed Tarek Tantawy as its co-CEO and managing director with immediate effect, according to the company's statement released on May 3rd.

Tarek has joined the group in 2015 and held several positions including the group’s deputy CEO and chief operating officer.

“Tarek’s contribution since joining the group back in 2015 was instrumental in growing the business both organically and inorganically through expansion into non-bank financial services,” Mahmoud Attalla, CI Capital’s executive chairman, commented on the appointment.

The group will continue to be led by Attalla in his capacity as the executive chairman and Co-CEOs and Managing Directors Hazem Badran and Tantawy.

In April, the company teamed up with Ahl Masr Foundation to support healthcare professions amid the outbreak of coronavirus.

The company will boost the foundation’s initiative by supplying 2,000 medical individuals with equipment and protective clothing.

CI Capital is an Egypt-based diversified financial services group. The company provides capital raising and mergers and acquisitions advisory, asset management, securities brokerage, custody, and research through its investment banking platform.

 

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