Amer Group names new CEO

Saad El-Khabiry is a representative of Fineby Estate Limited

  
A trader watches his monitor at the Egyptian stock exchange in Cairo April 1, 2014.

A trader watches his monitor at the Egyptian stock exchange in Cairo April 1, 2014.

REUTERS/Mohamed Abd El Ghany
 
Cairo – Mubasher: The board of directors of Amer Group Holding Co approved the appointment of Saad Rabie Abdel Mohsen El-Khabiry as the company's CEO and Managing Director, succeeding Riad Mohamed Refaat.

This decision follows a request from Fineby Estate Limited to change its representative on Amer Group's board, according to a bourse disclosure on Tuesday.

In the first half (H1) of 2021, Amer Group Holding Co achieved consolidated net profits of EGP 176.02 million, up from EGP 27.6 million In H1-20, including minority shareholders' rights.

Source: Mubasher

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