Post For Investment S.A.E. (PFI) is an Egyptian joint stock company established in 2006 under law no. 159 of year 1981, and is fully owned by the National Postal Authority (Egypt Post).

www.egyptpost.org

 

As the investment arm of Egypt Post, our mandate is to invest in the Egyptian market while consistently delivering responsible economic value.

Our current EGP 6 billion capital is strategically invested to generate significant long-term financial returns and social impact that is beneficial to all stakeholders. Throughout our successful track record, we have deployed investments in strategic companies in a diverse spectrum of sectors, including telecom, non-banking financial services, real estate development, and other services.

Our
Philosophy

With a mandate to support Egypt Post, our guiding philosophy revolves around ensuring that the pace of development, digital transformation and overall modernization is continuously maintained and enhanced.

We implement a strategy that ultimately results in raising the level and quality of services Egypt Post provides to its customer base, while also maximizing profitability.

At PFI, we also strive to support Egypt’s Sustainable Development Strategy; Egypt’s Vision 2030, to serve the community through targeting ethical, sustainable and transparent investments, by maintaining the highest degrees of corporate governance and internal controls in all of our investments.

With plans to expand our geographical footprint across Africa, we are committed to investing in companies that align with our values while delivering solid financial results.

Our
Values

Our team adheres to best practices for business integrity and sustainability and abides by a number of fundamental core values to ensure professionalism during the conduct of its business, as well as permeate our work ethics.

Innovation

We offer cutting-edge, innovative investment solutions, to generate profitability and maximize returns.

We make business decisions daily based on trust, as we place this specific value at the foundation of our culture.

We establish transparency in the workplace, as it is a key to creating a positive company culture, and solidifying loyalty and engagement.

We hold ourselves accountable to the highest ethical standards, as we learn from our experiences and make decisions in a manner that safeguards our reputation.

Key milestones that are shaping our company’s future.

Board Members

Dr. Mohamed Tarek Youssef

Chairman

Dr. Mohamed Tarek Youssef

Chairman

Dr. Tarek is a chartered accountant and fellow of the Egyptian Society of Accountants and auditors with more than 44 years of experience in Auditing and Accounting, and over 22 years in Corporate Governance and other advisory services from mergers & corporate values.

Throughout his career path he has held numerous, prestigious positions such as; Vice Chairman of the Board of Directors of the Egyptian Tax Society and the Arab Tax Society.

He was also Member of the Board of Directors of the Egyptian Society of Accountants and Auditors (ESAA), and Head of Continuing Education Committee & Head of Audit Committee.

Additionally, Dr. Tarek was Vice Chairman of the Board of Directors of the Egyptian Society for Corporate Governance, and of The El ARABI Group of Companies – SAE and Head of the Audit Committee. He was previously Chairman of the Board of Directors of the Commercial International Insurance Brokerage Company – S.A.E, and Member of the Board of Directors of the National Postal Authority and Head of the Audit Committee.

He has received several certificates of appreciation from Lebanon, the Ministry of Investment in Egypt and the Egyptian Institute of Directors, Transparency Center, the Qatar Financial Markets Authority, Abu Dhabi Governance Centre, United Nations Development Organization, Saudi Arabia, and Oman Centre for Governance and Sustainability.

Eng. Ghada Labib

Vice Chairman

Eng. Ghada Labib

Vice Chairman

Eng. Ghada has been the Deputy Minister of Communications and Information Technology for Institutional Development at the Ministry of Communications and Information Technology since December 2019. She has over 20 years of leadership expertise in Customer Management and Business Development in both the private and public sectors, as well as owning an outstanding Project Management experience.

Prior to joining the Ministry of Communications, Labib held several leadership positions, including Deputy Minister of Planning for Administrative Reform, Prime Minister’s Advisor for Follow-up and Information Systems Director. She also served as Assistant Minister of Communications and Information Technology for Institutional Development, Assistant Minister of Administrative Development and Responsible for the Development of the State Administrative Service at the State Ministry for Administrative development, and Director of the Technical Office of The Minister of State for Administrative development.

In fact, she was chosen as one of the 50 most inspiring and influential women in Egypt in 2020, as well as enlisted in the Amujae list, which contains 15 of the most inspirational African women leaders in the fields of management and public leadership.

Mr. Ahmed Ali Abdelrahman

CEO & Managing Director

Mr. Ahmed Ali Abdelrahman

CEO & Managing Director

Mr. Ahmed is an experienced Investment Banker with a cumulative 28 years of experience in Egypt / GCC capital markets and financial services spaces.

Prior to joining PFI, Mr. Ahmed held the position of Group Deputy CEO & CIO at Beltone Financial Holding, one of Egypt’s largest asset managers and investment banking firms, since 2018. Besides his role in assisting the group CEO in managing the strategic as well as operational directions of the firm, he led the setup and inauguration of Beltone into Non-Banking lending paltform by introducing 3 new LOBs in leasing, consumer and SME finance with an aggregate portfolio close to EGP1+ Bn in 2 years. He also led the digital transformation initiative to transform Beltone into a NEO bank.

He is a business acumen with in-depth understanding of different business & operating models, international best practices, regulations and governance & risk management. Over the tenure of his career, he has developed a robust relationship across a large spectrum of constituents (Institutional Investors, family offices, HNIs, DFI’s, corporates, regulators, government officials and policy makers). Ahmed holds a degree in accounting from Cairo University and Credit & Investment certified by Chase & Citigroup in Egypt & Turkey. He’s also a certified CEO by CMA in Saudi and FRA in Egypt.

Ms. Sally Refaat

Board Member

Ms. Sally Refaat

Board Member

Ms. Sally Refaat was promoted to the position of Sub-Governor for the Markets Sector at the Central Bank of Egypt in November 2020. In her capacity as the Sector Head, she oversees Treasury, Reserves Management, Monetary policy implementation, Money and Capital Markets, Quant Modeling, and Risk analytics.

Ms. Refaat first joined the CBE in 2005 as part of a team that was formed to implement the mandate of a newly formed department entrusted with the management of Egypt’s foreign reserves.

Ms. Refaat is a former Board Member of the National Investment Bank and a former member of the Investment Committee of the National Organization for Social Insurance Pension Funds. Additionally, she has taught courses at the Egyptian Banking Institute in cooperation with COMESA.

Ms. Nevine Sabbour

Board Member

Ms. Nevine Sabbour

Board Member

Ms. Nevine Sabbour is a seasoned banker with extensive experience in M&A, business strategy, banking transformation, financial planning and management information system.

Ms. Nevine currently serves on the boards of several financial and industrial institutions, including Meris (Moody’s Egypt) and the Holding Company for Metallurgical Industries. Ms. Nevine is a member of the board of directors of CIB, as well as a member of the board of trustees of the “We Owe It to Egypt” foundation and “Banking for Women in Egypt,” an institution aimed at women’s empowerment and financial inclusion.

Ms. Nevine holds the position of (Director-New projects and investments appraisal) in INI Investments Company. In addition, she previously held the position of Managing Partner in Panther Associates which is a boutique investment house, institutional advisory and a leading asset management institution. Ms. Nevine chaired the AAIB Holding Company, also she was a Board Member at Arab African Investment Management Company, and represented AAIB at International Capital Markets Association.

Ms. Sabbour holds a BA in Economics from the American University in Cairo.

Mr. Khaled Emam

Board Member

Mr. Khaled Emam

Board Member

Mr. Khaled Emam has been in the investment field since 1992, and he is experienced in Audit, Control, and Finance with a track record of leading the preparation and analysis of financial reports to summarise and forecast financial position.

He is currently a Board Member at Tamweely Microfinance and Manager of Investment and Finance at Egypt Post. Prior to that, Mr. Emam was the Audit Co-manager at Hazem Hassan, Financial Controller at ASEC cement, and a Financial Controller at Palm Hills.

Mr. Emam is a board member at Egypt Post, a member of the Egyptian Society of Accountants & Auditors, and a Member of the American Accounting Association.

Eng. Hossam Abdullah El-Gamal

Board Member

Eng. Hossam Abdullah El-Gamal

Board Member

Eng. El-Gamal has been a pioneer for more than 20 years in the field of ICT, in addition to his international experience in the fields of Integrated Business Technologies, and in the fields of Management and Engineering. He is currently CEO of the National Telecommunications Regulatory Authority. Prior to that, El-Gamal has held several leadership positions at government institutions and major international companies.

In addition, he received a certificate to prepare leaders for the MTM World Organization Institute GIBS University of Pretoria in South Africa in 2010, and a certificate in project management from the International Institute of Project Management, United States of America.

Mr. Mohamed Abouayaad

Board Member

Mr. Mohamed Abouayaad

Board Member

Mohamed Abouayaad is an experienced asset manager with over 20 years of experience in investment and equity in Egypt.

Mr. Mohamed currently holds the position of Asst. to Egypt Post’s chairperson for Investment and Treasury, where he manages Egypt Post’s direct and indirect investments along with financial investments.

Throughout his previous tenures, he held various positions with HSBC Plc including Head of equities & Global Markets and he has also contributed to the development of the internal systems of the company.

Mr. Abouayaad, is a board member of Integrated solution for ports “ISFP”.

Executive Management

Mr. Ahmed Abdallah

Chief Operating Officer

Mr. Ahmed Abdallah

Chief Operating Officer

Mr. Abdallah has over 23 years of experience in the banking sector and financial services in Egypt and the Middle East. He is also an experienced Senior Director with a demonstrated history of working in the PE space, with a strong track record in turnaround, restructuring, and investment recovery projects. He is highly skilled in Business Planning, Banking, Insurance, Asset Management, and Equities.

During his career, he served on the boards of directors of many companies in different sectors, such as healthcare, real estate, education, and logistics. He also acquired a Master’s degree in banking sciences from The Arab Academy for Management, Banking & Financial Services (AAMBFS).

Mr. Ashraf Youssef Kamal

Chief Financial Officer & Head of Administration

Mr. Ashraf Youssef Kamal

Chief Financial Officer & Head of Administration

Mr. Ashraf is a seasoned and a versatile banker with more than 35 years of experience in banking and international organizations, working in financial management.

Ashraf joined Post for Investment as Chief Financial Officer & Head of Administration in Feb. 2023. Coming from Arab Banking Corporate (ABC), with more than 17 years of experience in Financial Planning and Management. His last post was First Vice President / Chief Financial Officer since 2010; he was assigned to assist in formulating the bank’s future direction and supporting tactical initiatives.

Mr. Ashraf completed a number of high-profile training programs in Egypt, USA, UAE, and Bahrain, offered by global institutions, such as ABB Process Automation, and the Institute of International Research.

Mr. Gamal Guemeih

Chief Investment Officer

Mr. Gamal Guemeih

Chief Investment Officer

Mr. Gamal Guemeih joined PFI as Chief Investment Officer in 2022, where he brought with him over 17 years of investment and private equity experience in Egypt and the MENA region. Before joining PFI, Mr. Gamal was the Investment Manager of Ergo Media Ventures; a dynamic investment firm committed to transforming the media landscape in Egypt and beyond.

Mr. Gamal also founded Springboard Investment Management Ltd.; a young investment company that serves as a regional launch pad for small and medium-scale businesses in a variety of industries in the Middle East and North Africa.

Prior to Springboard, Mr. Guemeih was an Associate Vice President in Private Equity at EFG Hermes, where he analyzed investment opportunities, led transaction executions, and managed portfolio companies in the Oil & Gas, Pharmaceuticals, and Infrastructure sectors.

Mr. Gamal is an Eisenhower Fellow and a T20 Founding Member. He holds an MBA from INSEAD and a BSc in Computer Science from the American University in Cairo.

Mr. Tamer El-Gendy

Chief Audit Officer

Mr. Tamer El-Gendy

Chief Audit Officer

Mr. Tamer has over 25 years of experience in providing insightful financial and accounting advice to a wide range of large public and private corporations, along with government agencies and departments, in respect of financial reporting, auditing, internal control policies and procedures, corporate governance practices, and strategic planning.

He is highly skilled in International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS), Internal Controls over Financial Reporting (ICFR) based on COSO Framework, and managerial practices and procedures.

Mr. Tamer joined PFI in March 2022 as Chief Auditor Officer, to lead the internal audit function of the Group. Prior to joining PFI, Tamer gained his experience at Abu Dhabi Accountability Authority, PWC, and EY.

He has obtained his MBA from the University of Manchester – Manchester Business School, United Kingdom. He is also a certified Public Accountant from Illinois, USA.

Mr. Aboubakr Emam

Chief Investment Officer

Mr. Aboubakr Emam

Chief Investment Officer

Mr. Aboubakr is currently Head of Investment Research and Valuation at PFI. He has more than 14 years of experience in the capital market, varying among Sell Side and Buy Side Research, Portfolio Management, and Private Equity.

Prior to joining PFI, he worked as Head of Equity – Executive Director, at Sigma Capital. Also, Aboubakr worked as Head of Sell Side Research at Prime Holding. Earlier, he made it up the career ladder to the position of Deputy Research Director and Investment Committee member at Cairo Financial Holding, with Assets under Management amounted to EGP 4.0bn, where the capital owners were governmental institutions and banks.

Additionally, Aboubakr has built up a work experience of around 2 years in the banking sector.

He is a holder of Chartered Financial Analyst certificate from CFA Institute. He is also Authorized Financial Analyst by the Financial Regulatory Authority (FRA) in Egypt.