Mohsen Adel appointed temporary chairman for EGX

transitional period.
CAIRO – 30 July 2017: Mohsen Adel will hold the post as a Chairman for the Egyptian Exchange (EGX) for a transitional period, CBC eXtra News aired Sunday.
On July 19, Ismail approved the appointment of Mohsen Adel as vice chairman of the EGX for four years.

Mohsen has 19 years of experience in stock markets and securities in addition to his post in the EGX as a board member until June 30, 2017.

The chairing period of the current EGX Chairman, Mohmed Omran, will end on August 6, “the names of the Egyptian Financial Supervisory Authority (EFSA) and EGX Chairmen have not yet been settled till now,” sources added to the agency.

Prime Minister Sherif Ismail is responsible for hiring the EGX chairman and vice chairman.