EGYPT: NASSER ALSHAALI APPOINTED AS CHAIRPERSON OF HSBC EGYPT

Nasser Alshaali has been appointed as Chairperson of HSBC Egypt, effective from 22 September 2021.
Nasser succeeds David Eldon, who steps down after almost five years in power.

A member of a number of private and public executive and board directorship roles in the region, Nasser brings a wealth of executive and board level experience and a deep understanding of the region to his new role as Chairperson of HSBC Egypt.

He served as CEO of the Dubai International Financial Centre, Managing Director of Sabertia Capital Partners, and is currently Executive Director at Stra-tical Associates in Dubai.

“I am delighted to be joining the HSBC Egypt Board of Directors as Chairperson at such an exciting time in Egypt’s development, and to support the Bank through its next phase of growth, helping our customers opening up a world of opportunity,” Nasser said.

“I thank David for his leadership of the Board in what has been an extraordinary five years, with considerable external challenges, addressed successfully, and new opportunities pursued with the vigour needed to position HSBC Egypt exceptionally well for the future” Nasser added.