Memphis Pharmaceutical appoints new CEO

Updated 10/3/2021 12:10:15 PM

ArabFinance: Memphis Pharmaceutical (MPCI) announced that its board of directors decided to appoint Bassem Abd Allah Abdel Hamid Salah as the company’s CEO, according to a statement filed to the Egyptian Exchange (EGX).

Moreover, the board decided to hire Essam Sadiq Mohamed Sadiq as the board’s non-executive chairman, the statement added.

Memphis is one of the oldest pharmaceutical and chemical companies in the Middle East and has been in the market since 1940.