Amer Group Holding’s board of directors has approved the appointment of Hisham Arafat as the company’s new chairperson.
Arafat will succeed Mansour Amer who submitted his resignation on Monday, the company said in a statement.
As Egypt’s former transport minister, the newly appointed directors took part in developing the transportation sector in the country. Arafat will lead the real estate development group after Amer Group founder Mansour Amer stepped down.
