Cairo – CI Capital Holding For Financial Investments announced the resignation of Hazem Badran and Tarek Tantawy from their positions as Co-CEOs and Managing Directors.
The company’s board of directors decided to hire Hesham Gohar as the new CEO, according to a bourse disclosure on Sunday.
Badran and Tantawy will remain in their positions until 20 May to “ensure a smooth transition of operations.”
In 2020, CI Capital reported consolidated net profits of EGP 474.6 million, down by 12.4% from EGP 541.75 million a year earlier.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
