H.E. Dalia Khorshid is the Chairwoman and CEO for MASAR. Prior to that she founded and chaired Eagle Capital for Financial Investment. Khorshid is the former Minister of Investment for the Government of Egypt where she led the charge on Egypt’s investment law.

Khorshid has over two decades of extensive and diverse experience in the banking and financial sector with some of the biggest corporate names in Egypt, Prior to her stint as minister, Khorshid spent 11 years as Executive Vice President & Group Treasurer at Orascom Construction Limited and Group Treasurer at OCI NV where she successfully spearheaded the groups’ multi-billion-dollar fundraising initiatives. She also spent a year with the groups as Deputy Corporate Finance & Investment Banking Group Head of the North African region, where she skillfully brought numerous deals to completion including cementing a loan to OCI-owned Algerian Cement Company and advising on several high-level M&A transactions.

Khorshid held numerous roles within Citibank’s Corporate Banking Group in Egypt, working her way from Management Associate to Vice President of the division to Head of Corporate Finance and Investment Banking in Citibank Middle East and North Africa. Khorshid also spent three years as Relationship Manager of the Corporate Banking Group of CIB, Egypt’s largest private sector bank. Khorshid holds a BA in Business Administration from The American University in Cairo.

Ibrahim Safwat
Executive Director
Ibrahim Safwat is an Executive Director for MASAR and Member of the Board. Ibrahim has been a Portfolio Growth Manager at Royal Dutch Shell besides, he held numerous positions from Lead Commercial Economist, Principal Commercial Economist, and finally Upstream Commercial Manager at BG Group. Prior to that, he was a Corporate Finance & Investment Banking Associate at Arab African International Bank. Safwat received his Doctorate of Business Administration from the Arab Academy for Science & Technology and Maritime Transportation.

Joseph George
Associate
Joseph has been working at MASAR as an associate since incorporation. Prior to MASAR, Joseph worked as an Investment Banking Analyst in Cairo Financial Holding and Sigma Capital. In 2016, Joseph joined the Egyptian Ministry of Investment as an Associate Advisor to Her Excellency, the Minister. He obtained his BA in Economics from Fordham University in New York. Joseph has successfully completed the AUC Banking Credit and Risk Management Professional Diploma.

Shahir Nashed
Executive Director
Shahir Nashed is an Executive Director for MASAR and Member of the Board. Shahir was Economic Advisor to the former Egyptian Minister of Investment Dalia Khorshid, where he advised the Minister on the state-run IPO program, the establishment of the first Egyptian Sovereign Wealth Fund as well as the country’s investment policy. Prior to that he held various position as Director of Corporate & Project Finance for Orascom Construction Industries / OCI NV and Investment Banker in Arab African International Bank. Nashed graduated with a BA in Accounting from The American University in Cairo.

Abdou El Kashawy
Vice President
Abdou El Kashawy is the Vice President of MASAR joining from Eagle Capital where he assumed the same position. Prior to that Abdou was a Deputy Manager in the Investment Banking and Corporate Finance Department at Arab African International Bank. El Kashawy has earned his MSc in Corporate Finance from Henley Business School, University of Reading and his BA in Economics from The American University in Cairo.

Ismail Shanab
Chief Financial Officer
With almost 21 years of experience in finance, accounting, financial controlling, and financial reporting in Europe, ME region and Africa, Mr. Ismail Shanab has built a career around leading and managing several areas in multinationals. Mr. Shanab previously was the Chief Financial Officer and Board Member of Siemens Trading in Cairo; an affiliate company of Siemens AG in Munich, a position he gained after having been in Siemens Egypt and Siemens ME cluster in Dubai as a head of financial controlling and reporting, manage a team of 15 employee and handling an investment of $ 2.5B. Also, as a delegated position for more than five years, Mr. Shanab was the Country Head of Siemens Real Estate (SRE) in Egypt, in this period Mr. Shanab was managing a staff of 9 employees and handling all the assets of the company in Egypt i.e. EGP 100M owned building, a factory in El-Obour City, a factory in El-Amreya free zone – area in Alexandria, and two mega projects (factory and service center) in SIDC zone in Ein Sokhna and Suez. Ismail, in the beginning of his career joined the Arab Contractors one of the most reputable contracting companies in Africa and ME as a senior accountant in the banking, financing and exporting sector, then he transferred to Arab Contractor Ghana Ltd. as a Commercial Project Manager (CPM) for the company’s projects in Ghana. Mr. Shanab holds BA in Accounting & Foreign Trade from Cairo Faculty of Commerce & Business Administration-Helwan University (English Section) and his masters in Investment from the Arab Academy for Science & Technology.

Mohamed Aboulfadl
Executive Director  
Mohamed Aboulfadl is an Executive Director for MASAR and Member of the Board. Aboulfadl was the Economic Advisor to the Egyptian Minister of Investment Dalia Khorshid, where he advised the Minister on the state-run IPO program, the establishment of the first Egyptian Sovereign Wealth Fund as well as the country’s investment policy. Prior to this, he was as Senior Director and Deputy Head of Investment Banking at Cairo Financial Holding, and previously Assistant Vice President of Corporate Finance at Barclays Bank Egypt, where he led the team in several landmark transactions with size exceeding USD 10 billion. Aboulfadl started his career with Arab African International Bank at the Corporate Credit Department. He holds a BA in Economics from The American University in Cairo.

Tarek Lotfy
Vice President
Tarek recently joined Masar as Vice President and has more than 10 years of experience in the investment banking industry in the Egyptian and African markets, during a diverse journey with the African export import Bank for 5 years and Beltone Financial prior to that for almost 6 years. Tarek is also currently concluding a Thesis to complete an MSC in Finance from the American University in Cairo, after obtaining a BSC in Computer Science in 2008 also from the American University in Cairo.

Fadi Doss
IT and Admin director  
Fadi Doss is the IT and Admin Director for MASAR joining from Eagle Capital where he held the same position. Fadi has several years of experience in field of Information Technology including: Infrastructure, Security, Help Desk and Application Support in international organizations and prior to that he held various positions including IT System Administrator for Orascom Construction Industries and IT Technical Support for Etisalat. Fadi holds a Bachelor of Computer Science and has many IT vendor and industry certifications in infrastructure, design and management.

Khaled Ezzeldin
Associate
Khaled has been working at MASAR as an Associate since incorporation. Prior to MASAR, Khaled worked as a Corporate Banker at Ahli United Bank for 5 years, where he was responsible for Credit – Coverage of a diverse debt portfolio consisting of infrastructure, construction, building materials, real estate and tourism sectors. Khaled is a Chartered Financial Analyst since 2017.