Minister of Social Solidarity and Chairperson of the Nasser Social Bank (NSB), Nevin El-Kabbaj, issued a decision appointing Mohamed Ashmawy, former CEO of the Tahya Misr Fund, as NSB Vice-Chairperson.
Ashmawy expressed his gratitude for the assignment, and his aspiration to contribute to the bank’s continued tangible success. He added that he is looking forward to continued work on the bank’s development plan to provide new and innovative services and products.
This comes in line with the bank’s social goals, as well as its restructuring plan and development of a new and advanced job structure.
Ashmawy’s nomination comes on the back of his extensive experience in the banking sector. He has previously served as United Bank Chairperson since its 2006 establishment, and has also served as a deputy to the Board of Trustees at the Misr El Khair Association.
He started his banking career at Banque du Caire as a credit analyst, before joining Chase National Bank (now CIB). In September 2002, he was appointed as a member of the CIB’s Board of Directors and a vice-chair of the board. In March 2005, he was appointed as first vice-chair of the board and as a managing director.
Ashmawy received a BA from the American University in Cairo (AUC), with further Studies in Bank Credit from Chase Manhattan Bank in 1986.