New vice chairman appointed for EFSA

CAIRO – 1 October 2017: Prime Minister Sherif Ismail issued decree no. 2,215/2017 to appoint Khaled El-Nashar as vice chairman of the Egyptian Financial Supervisory Authority (EFSA), Minister of Investment Sahar Nasr announced Sunday.

“EFSA is currently imposing an inclusive strategy for non-financial services to boost the role of that sector and provide needed funds for projects,” Nasr said.

In August, Ismail named Mohamed Omran as the acting Head of the EFSA. Omran has been serving as the head of the Egyptian Exchange (EGX) for two sessions since September 21, 2011 until August 6, 2017.