Farouk El Okdah

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Farouk Abd El Baky El Okdah (Arabic: فاروق عبد الباقى العقدة‎, born August 1946)[citation needed] was the Governor of the Central Bank of Egypt "CBE" [1] from December 2003 to February 2013.

Academic Qualifications

- B.S. In Commerce Accounting Major from Ain Shams University 1965

- Master of Accounting (with honors) from Cairo University in 1975

- Master of Business Administration (Finance) from The Wharton School, University of Pennsylvania in 1981

- PhD. in Business and Applied Economics from The Wharton School, University of Pennsylvania

Managerial Positions

- H.E. the Governor of the Central Bank of Egypt (CBE) from December 2003 until February 2013.

- Chairman & Chief Executive Officer of the National Bank of Egypt (NBE) from January 2003 until December 2003 in which he became the Governor of Central Bank of Egypt

- He acquired 19 years of banking experience from 1983 until 2002 working with Irving Trust Company

- New York which was acquired later by Bank of New York; where he has worked as Assistant Vice President for Middle East Division and as Vice President and Africa Destrict Manager

- Dr. El Okdah was the Managing Director of The International Company for Leasing "IncoLease" from 1997 until 2002. He established IncoLease while working for Bank of New York

- In addition Dr. El Okdah worked as an instructor in Accounting and Finance for The Wharton School, University of Pennsylvania from 1978 until 1982

- in 1978, he was nominated by The Wharton School to serve as a consultant for The International Finance Corporation (IFC)- The World Bank

- Dr. El Okdah has been a member of the Board of Directors of Egypt Air Holding Co. since 1998

- He served as an advisor to the Governor of the Central Bank of Egypt (CBE) from 1998 to 2001 in the time of the Governor Ismail Hassan

- Dr. El Okdah used to be a member of the Board of Directors of the Egyptian Banking Federation

- He used to be a member of the Board of Directors and Treasurer of The Arab Bankers Association North America from 1987 until 1989

Previous Positions

  • December 2003 - Feb 2013: Governor of the Central Bank of Egypt
  • January 2003 - December 2003: Chairman and CEO, The National Bank of Egypt
  • 1997-2002: Managing Director, International Company for Leasing "Incolease"
  • 1989-2002: Vice President, Regional Manager and Advisor, The Bank of New York
  • 1984-1988: Assistant Vice President - Middle East Division, Vice President and Africa District Manager, Irving Trust Company, NewYork
  • 1978-1982: Instructor in Accounting and Finance, The Wharton School, University of Pennsylvania

References

  1. ↑ "CBE Board of Directors". Central Bank of Egypt Website. January 2011. Retrieved 2011-01-29. 

External links

  • [http://www.wuab.org/WUAB/PersonDetails.aspx?personId=27&language=en, Details on the Union of Arab Bankers]
  • [http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=20631264&ticker=ICLEA:EY&previousCapId=382645&previousTitle=HSBC%20HOLDINGS%20PLC, Business Week Person Profile]
  • [http://weekly.ahram.org.eg/2003/668/ec2.htm, Into The Eye of the Storm, Al Ahram Weekly]
  • [http://www.cbe.org.eg/Pictures_of_board_directors.htm, Board of Directors of the CBE]
  • [http://www.thefreelibrary.com/CBE+rejects+NBE+chairman%27s+resignation,+protests+continue+in+banks.-a0249095685, CBE rejects Chairman of ANB resignation]
  • [http://www.emergingmarkets.org/Article/1684907/Central-Bank-Governor-of-the-year-Middle-East.html, Central Bank Governor of the year Middle East]
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