Cairo – Mubasher: The Egyptian minister of investment and international cooperation Sahar Nasr said that Mohammed Omran has been appointed as the chairman of the Egyptian Financial Supervisory Authority (EFSA) by Egypt’s prime minister.
This decision is subject to parliamentary approval once the House of Representatives resumes convening its new session.
The EFSA will work on creating an integrated strategy for non-banking financial instruments, in order to reinforce the non-banking sector’s role in bolstering the Egyptian economy, Nasr highlighted.
It is worth mentioning that Omran was the chairman of the Egyptian Exchange (EGX) for two terms from 21 September 2011 until 6 August 2017.
