ArabFinance: Qatar National Bank Alahli (QNB Al Ahli) (QNBA) announced that its board of directors has agreed to appoint Mohamed Mahmoud Ali Bedier as the bank’s CEO and a board member, according to a statement filed to the Egyptian Exchange (EGX).
This decision was based on the approval of the Central Bank of Egypt’s (CBE) to the request submitted by the bank’s main shareholder.
QNB Alahli, formerly National Societe Generale Bank, is an Egypt-based bank that offers corporate and retail banking to corporate, and medium and small enterprises, as well as individuals. The bank is organized into three business segments: retail banking, corporate and investment banking, and Tawazon Fund.