Assem Ragab

Chairman, Credit Agricole Bank, Egypt

A senior executive management professional with 30 years experience in Investment Banking, Project Finance, Strategy Advisory, Business Development, Entrepreneurship & SME Development, Corporate Governance, as well as General Management. I enjoy an extensive network within the business communities in Egypt and the GCC region and was fortunate enough to be a Change Agent to a number of Government and Private Blue Chip Organizations as well as Financial Institutions across 4 continents. I am the non-executive Chairman of Credit Agricole Bank Egypt since 2017 after Five years of Board Directorship and Chairing of Audit and Risk Committees at the Bank. I am also the co-founder and Executive Partner of FACT, a leading Investment Banking firm in Egypt established since 1999 focusing on Investment Banking and Corporate Finance advisory throughout the NENA. For more than three years ending 2009, I was the Chairman of the Egyptian General Authority for Investment and Free Zones (GAFI – the Government Organizations in charge of Corporate Registration, Investment Promotion and Economic & Free Zones in Egypt) as well as the Chairman of the Gulf of Suez Special Economic Zone Authority (SCZone) during which Egypt achieved the highest Foreign Direct Investments in its history as well as landmark improvements in Business Environment and Regulatory reforms recognized by International Business Community and the World Bank. As Senior Director of Investment Banking and Structured Finance for the MENA region at Barclays Bank, I led a regional team focused on growing market share, with improved competitive advantage, through comprehensive Structured Finance and Investment Banking solutions and greater regional client relationships. Among my accomplishments, I accelerated development of a leading-edge product offering for the Investment Banking and Financial Institutions functions, including Project Finance, Acquisition Finance, Debt Capital Market Placements, Debt Syndication and Risk Management solutions. I also led the origination, structuring, and syndication of landmark syndications, structured finance and Debt Capital Market transactions. Prior to Barclays, I was the advisor to the Chairman of the National Bank of Egypt and Board Director for three years, where I worked closely with the Chairman and Board of Directors to restructure key functions, transform operating performance, and build-up the strategic management, syndication, investment banking, corporate finance, and capital markets capabilities of the largest bank in the country (more than 25% market share on corporate and retail with franchise in UK, South Africa, China, and USA). Prior to the above, I held leadership p ositions and followed a distinguished corporate career with prominent multinational organizations in Egypt, GCC and the USA including Accenture & Arthur Andersen, and Procter & Gamble where I gained world class multidisciplinary experience in institutional building, strategy advisory, systems integration as well as operations management. I hold degrees in Business Administration and Chemical Engineering from the American University in Cairo and Alexandria University, respectively. I initiated and launched a number of Egypt-wide SME and Entrepreneurship initiatives and Investment Vehicles (AYADY, BEDAYA,…) that are operating successfully to date and contribute in achieving financial inclusiveness goals as well as promoting outreach and development within less-privileged territories within the country. I occasionally act as an advisor to Multilateral Financial Institutions in targeted assignments as well as a Juror for the Government of UAE in their Government Excellence Award program. I also Chair the Credit Agricole Foundation for Community Development that sustainably launches ambitious projects in the domains of Education, Healthcare, Agriculture and Entrepreneurship creating significant social impacts on children and youth . I formerly held Board Director positions in the following Leading Organizations in Egypt: • Chairman, Suez Main Development Company • Board Member, National Investment Bank • Board Member, National Bank of Egypt • Board Member, Social Fund for Development • Board Member, Egyptian Competition Authority • Board Member, Industrial Development Authority • Board of Trustees Member, Egyptian Institute of Directors