5 Egyptian banker ranked in the list of Forbes 2022

Forbes' 2022 list of the most powerful CEOs in the Middle East included 5 Egyptian bankers.

The list of the 5 Egyptian bankers included Mohamed El-Etreby, Chairman of the Board of Directors of Banque Misr, and President of the Federation of Banks, Hussein Abaza, CEO of the Commercial International Bank.

The list including, Ahmed Abdel-Aal, CEO of Mashreq Bank, Adel Al-Labban, former CEO of Al-Ahly United Bank, and Sherif Elwy, Managing Director and Vice Chairman of the Board of Directors of the Arab African International Bank.

The Egyptians on the list:

Muhammad al-Atrebi 

• The head of Banque Misr ranked 41st on the list

• Leading over 22,000 people since 2015 

• He is the Chairman of the Board of Directors of the Federation of Egyptian Banks

• His bank won 73 international awards in 2022 

• He has a major leading role in social responsibility

Hussein Abaza

• Chief Executive Officer and Managing Director of the Commercial International Bank, Center 47

• It manages more than 7 thousand employees 

• The largest private bank listed on the Egyptian Stock Exchange

• A customer base of more than 1.6 million customers

• Total assets of $ 26.8 billion in 2021

Ahmad Abd El Aal

• CEO of Mashreq Bank, 49th

• He runs the oldest banks in the Emirates

• It provides its services in Bahrain, Kuwait, Egypt, Hong Kong, India, Qatar, the United Kingdom and America

• It achieved profits of $171.5 million in the first quarter of 2022

• His bank acquired a stake in the (NymCard) platform.

Adel Al-Labban

• Chief Executive Officer of Ahli United Bank

• 65th Vice Chairman of the Board of Directors of the United Bank for Trade and Investment in Libya 

• Managing about 3,294 employees across 8 countries

• Net profit attributable to shareholders of $607.2 million in 2021 

• Provided syndicated loans totaling $2.98 billion for mega projects

Sherif Elwy

• Managing Director and Vice President of the Arab African International Bank, Center 87 

• Leading the bank since 2018

• His assets grew by 7.6% in 2021, to exceed $15.3 billion

• His profits rose to $136.7 million, compared to $80 million in 2020