The Housing and Development Bank’s (HDB) general assembly approved on Wednesday the appointment of Tarek Kabil, former minister of trade and industry, as an independent member of the bank’s board of directors, after obtaining the approval of the Central Bank of Egypt (CBE).
The board of directors of the HDB includes Fathi Sebaey as chairperson and Hassan Ghanem as deputy chairperson and managing director.
The board also includes Khaled Mahmoud Abbas, Randa Ali El Menshawy, Kamal El Sayed Fahmy, Assem Abdel Hamid El Gazar as representatives of the New and Urban Communities Authority, as well as Mei Abdel Hamid as representative of the Mortgage Finance Fund, Hossam El Din Hafnawy who represents Misr Insurance Company, Gamal Sorour Salem representing Misr Life Insurance, Ahmed Attia Abou El Wafa who represents the Egyptian Endowments Authority, Tarek Kabil, and Naira Amin as experts.
