Hassan Abdallah; ( ar, حسن عبد الله; born August 1, 1960) is an Egyptian financier. He is the current governor of the

Central Bank of Egypt The Central Bank of Egypt (CBE; ar, البنك المركزي المصري) is the central bank and monetary authority of Arab Republic of Egypt. Currency Since the trading of gold and silver coins in Egypt and until 1834, there was no one ...

and was previously the Chief Executive Officer of the Arab African International Bank (AAIB), a regional

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

institution. Established by a special law as a joint venture between the Central Bank of Egypt (CBE) and the

Kuwait Investment Authority The Kuwait Investment Authority (KIA) is Kuwait's sovereign wealth fund, managing the state’s reserve and the state’s future generation fund (FGF). Founded in 1953, the KIA is the world's oldest sovereign wealth fund. As of April 2022, it ...

(KIA), AAIB was Egypt's first Arab multinational bank. Abdalla joined the bank in 1982 and by 2002 had become CEO. In parallel to his executive mandate, Abdalla has also been an adjunct finance professor at the American University in Cairo (AUC) for the past 18 years. In August 2022, Hassan Abdallah was appointed as the new acting governor of the Central Bank of Egypt (CBE) by presidential decree.

Early life and education

Hassan Abdallah was born in

Cairo Cairo ( ; ar, القاهرة, al-Qāhirah, ) is the capital of Egypt and its largest city, home to 10 million people. It is also part of the largest urban agglomeration in Africa, the Arab world and the Middle East: The Greater Cairo metro ...

in 1960 to Egyptian parents. He attended the Port Said School in

Zamalek Zamalek ( ar, الزمالك , ''al zamalek'') is an affluent district of western Cairo encompassing the northern portion of Gezira Island in the Nile River. The island is connected with the river banks through three bridges each on the east an ...

for his junior and high school education. He went on to attend the

American University in Cairo The American University in Cairo (AUC; ar, الجامعة الأمريكية بالقاهرة, Al-Jāmi‘a al-’Amrīkiyya bi-l-Qāhira) is a private research university in Cairo, Egypt. The university offers American-style learning programs ...

(AUC), where he graduated with a BA in Business Administration in 1982. Abdalla returned to AUC in 1992 to receive his MBA.^{/sup>

Career and business ventures timeline

In 1982 Abdallah joined AAIB, starting in the bank's dealing room, then moved to AAIB's New York City branch in 1988 to manage its US treasury portfolio and hedging policy, while working on portfolio restructuring of bond swaps, in 1994 Abdallah got promoted to Assistant General Manager, then to General manager of AAIB in 1999, In 2002 he was appointed Vice Chairman and Managing Director.

Current positions

* Chief Executive Officer of Arab African International Bank (AAIB)
* Chairman of UBAF Hong Kong
* Board member of UBAF Paris
* Board member of UBAC Curaçao
* Board member of London Stock Exchange - London Africa Advisory Group "LAAG"⁷
* Vice Chairman of German-Arab Chamber of Industry and Commerce
* Founder and Chairman of "We owe it to Egypt"⁸
* Chairman of the Arab African Investment Management Company
* Chairman of Sandah for Microfinance
* Member of the Strategic Advisory Board of the School of Business at the AUC
* Board member of Arab Educational Information Network – Shamaa.

Previous positions

* Board member of the Egyptian European Association for Economic & Social Development
* Director of Arab Banker's Association – London (ABA)
* Member of New York-based World President's Organization (WPO)
* Executive board member of Egypt International Economic Forum (EIEF)
* Board member of Egyptian National Competitiveness Council
* Board member of Egypt-US Business Council
* Chairman of International Securities Market Association (ISMA) Middle East Regional Committee
* Board member of the Young President Organization - New York, USA
* Technical Advisor to the Arab Academy for Financial & Banking Studies Member of AISEC - Egypt
* Board member of Egyptian European Association for Economic & Social Development
* Board member of the Egyptian Capital Association (ECMA)
* Board member of Orascom Construction Industries (OCI)
* Board member of Ghabbour Auto (GA)
* Board member of the Central Bank of Egypt (CBE)
* Board member of Egyptian Stock Exchange (EGX)
* Board member of The Coca-Cola Bottling Company of Egypt
* Board member of Endeavour Egypt
* Board member of Telecom Egypt
* Founding member of the Egyptian National Competitiveness Council (ENCC)
* Founding member and former chairman of the Egyptian Junior Business Association (EJBA)
* Board of trustees member of the Egyptian Banking Institute (EBI)
* Chairman of the Middle East, Far East, and Africa regional committee of the International Capital Association in Zurich (ICMA)
* Board member of Directors of the Institute of International Finance (IIF)
* Board member of the Emerging Markets Advisory Council (EMAC) of the Institute of International Finance.

Further reading

* "AAIB achieving exceptional growth in difficult circumstances"
* Hassan Abdalla, the force behind the success story of AAIB
* Interview with Global Banking and Finance Review on the occasion of winning Best Investment Bank in Egypt for 2016
* Interview with Global Banking and Finance Review on the occasion of winning Best Investment Bank in Egypt for 2017
*Interview Hassan Abdalla with Banker Africa magazine
* Ones to watch 2017: Hassan Abdallah.

References

{{DEFAULTSORT:Abdallah, Hassan
1960 births
Living people
Governors of the Central Bank of Egypt}