Post For Investment appoints Ahmed Ali Abdelrahman as Managing Director of its Board of Directors

Post For Investment (PFI), the investment arm of Egypt Post, has recently announced the joining of Mr. Ahmed Ali Abdelrahman, as Managing Director of the company. In fact, Mr. Abdelrahman enjoys a deep-rooted, extensive banking and investment experience that extents to more than 28 years in the capital markets, banking, and non-banking financial services in Egypt and the Gulf Cooperation Council (GCC) countries. To further explicate, throughout Mr. Abdelrahman’s praiseworthy career path, he was able to successfully hold leadership positions at multiple investment banking firms, one of which is KAMCO Investment Company, a leading regional Investment Bank with Assets Under Management (AUM) in excess of $ 4 billion. During his time at KAMCO, he had held top positions as CEO for Egypt & Saudi, and that was at different times between 2010 and 2015. At KAMCO, he managed to achieve a complete business and financial turnaround. Not to mention that during his management period, the company was able to implement a development plan to become a leading independent investment institution. Additionally, under his leadership at KAMCO, Saudi operation has grown and repositioned itself as the leading non-bank backed investment firm in the Kingdom and its AUM grew to $ 300 million, closed a number of cross border Investment Bank (IB) deals, and hence the business unprecedentedly turned into profitability in 2014. Adding to the previous positions, Mr. Ahmed he had also occupied many different positions in the GCC, most notably General Manager of “Beltone” Financial Holding Company in the United Arab Emirates, and Investment Director of SABB Holding Company in the Kingdom of Saudi Arabia. Moving to Mr. Ahmed’s senior positions in Egypt, in 2018 he has held the position of Deputy CEO & CIO at “Beltone” Financial Holding Group, one of the largest asset management and investment banking firms in Egypt. Besides his role in assisting the CEO in managing the strategic as well as operational directions of the firm, he led the set up and inauguration of “Beltone” into Non-Banking lending platform, by introducing 3 new Line of Businesses (LOBs) in leasing, consumer, and Small and Medium Enterprises (SMEs) finance, with an aggregate portfolio close to EGP 1 billion in 2 years. Prior to joining “Beltone”, and specifically in 2016, Mr. Ahmed co-founded “Sameem” as Egypt’s 1st activist investment firm, offering a new asset class to local and regional investors in the activism space. He was also able to raise EGP 100 million from local and regional Limited Partners (LPs), and invest in one of the leading investment banks in Egypt. Later in 2020, “Sameem” existed its investment achieving a Return on Equity (ROE) of 63%. Not to mention that Mr. Ahmed was also Head of the Investment Banking and Capital Markets Department of Prime Holding Company, and Director of Corporate Banking Services at Citigroup and Credit Agricole Egypt. Generally, Mr. Abdelrahman is a business acumen, who has a distinguished strategic vision, diverse experience, and in-depth understanding of different business and operating models, international best practices, regulations and governance, risk management, in addition to managing companies and various financial and investment products. Meaning, over the tenure of his career, he succeeded in developing wide, robust, and solid relationships with an extended group of parties and across a large spectrum of constituents, namely Institutional Investors, Family Offices, High-Net-Worth Individuals (HNIs), Development Financial Institutions, (DFIs), Corporates, Regulatory and Oversight Bodies, Government Officials, and Policy Makers. It is also worth noting that Mr. Abdelrahman holds a Bachelor's Degree in Accounting from Cairo University, and is accredited in the fields of credit and investment from Chase Bank and Citigroup in both Egypt and Turkey. He is also accredited by the supervisory authorities and financial markets as CEO in all of the Kingdom of Saudi Arabia. Saudi Arabia by CMA, and the Arab Republic of Egypt by FRA.