Hassan Ghanem, new chairperson of Housing and Development Bank (HDB), has officially started his new position last week while maintaining his positions .
He replaced the former head of the bank, Fathi Al-Sebaei, who submitted his resignation to the Board of Directors after 16 years in the bank.
Ghanem has extensive banking experience of more than 33 years, during which he held various leadership positions in the banking sector.
Ghanem assumed the position of Vice Chairman and Managing Director of the HDB in January 2018, and his most important priorities since assuming his responsibility were to amend the bank’s image as a specialised bank and market itself as more of a commercial bank that provides all banking services to its customers, according to a statement. He strived to achieve the bank’s vision to be among the top 10 banks operating in the Egyptian banking market.
Ghanem began seeking to achieve this goal by expanding banking services and products, keeping pace with market requirements, in addition to achieving the highest levels of competition, and developing the electronic infrastructure of the bank, with the adoption of the principle of sustainable development, the statement continued. The e-collection initiative for financing installments has also recently started to collect real estate installments through various electronic payment methods as of 1 December 2019.
Ghanem aims to continue developing plans and strategies to put the bank back on the right track towards the government’s digital transformation plan, the statement added. Mobile and Internet banking services will be launched at the beginning of 2020, according to the state’s trend to convert the society into a cashless one, activating the concept of financial inclusion, and attracting more segments to deal with the banking system, in line with global developments, in addition to keeping pace with the latest developments in banking technology.