The Central Bank of Egypt announced (CBE) on Friday that Prime Minister Mostafa Madbouly issued two decrees to form the board of directors of the National Bank of Egypt (NBE) and Banque Misr for a period of three years, starting September 25.
The Central Bank said in a press statement that the formation kept both Hisham Okhasha as Chairman of the NBE’s board of directors, and Mohamed El-Etreby as Chairman of Banque Misr, for another term, yet, named new members on the board.