Sat, 29 May 2021 - 12:35 GMT
Hassan Abdallah the new chairman of UMS
CAIRO – 29 May 2021: The United Media Services (UMS) group announced a full administrative restructuring, starting with the appointment of Egyptian Financier Hassan Abdallah as the new chairman of the group, succeeding Egyptian Businessman and media producer Tamer Morsi.
The UMS announced its achievements during the past five years in the fields of media and drama, as well as its new development for the next years, in a conference held Saturday.
Hassan Abdallah is the former Chief Executive Officer of the Arab African International Bank (AAIB).
Who is Hassan Abdallah?
Born in 1960, Hassan Abdallah obtained a BA, in Business Administration from the American University in 1982, and then in the same year began his work at the Arab African International Bank, the first multinational bank in Egypt.
He worked in different departments: banking operations, the trading room, currency and money markets, and contracts Futures.
In 1988, Abdallah moved to the bank’s branch in New York City to manage the treasury portfolio and hedge policies.
He moved in positions in the bank, where he was promoted as Assistant General Manager in 1994, then the position of the General Manager of the bank in 1999, and then in 2002, there was a decision issued to appoint him as Vice Chairman and Managing Director.
Abdallah’s role in merging Misr America International Bank with the Arab African Bank after the acquisition of all the shares of the first, in a deal worth about 240 million pounds, was announced to be the first experience of its kind among banks.
Abdallah succeeded in leading the bank to acquire the Canadian Bank of Nova Scotia portfolio in Egypt in 2015.
Abdallah served on the boards of directors of a number of bodies, including the Institute of International Finance, the Emerging Markets Advisory Council (EMAC), the Central Bank of Egypt, the Egyptian Stock Exchange, Ghabbour Auto, Coca-Cola, Endeavor Egypt, Telecom Egypt, Orascom Construction, and a member of the Board of Directors of the National Competitiveness Council.
Abdalla served as the former chairperson of the Saib Bank, chairperson of the Union Des Banques Arabes Et Francaises – UBAF in Hong Kong and chairperson of the board of trustees of Oweegypt. He is also a former member of the board of directors of the Union Des Banques Arabes Et Francaises in Paris and member of the CBE and Orascom Construction.
Other members of the UMS board:
United Media Services is an Egyptian company working in the field of media services, and has many affiliated media outlets, including:
On Tv Channels
On Time Sports
On Time Sports
Al Nas islamic channel
Radio 90 90
Masr Koran Karim
On Sports radio station
Amwal El Ghad
El Esboaa الاسبوع