Amr Aboelazm Tapped as ElGameya’s Non-Executive Chairman & Ahmed Mahmoud as CEO

Mr. Amr Kamal Aboelazm has been tapped as ElGameya’s Non-executive Chairman for the Advisory Board, in addition to being a well-renowned investor at the company. ElGameya has also declared Mr. Ahmed Mahmoud Abdeen to be the new Chief Executive Officer.

In this regard, Mr. Amr Kamal Aboelazm, Non-executive Chairman & Investor at ElGameya stated: “I am honored to join ElGameya’s Advisory Board; given how this prestigious entity has had a clear impact on supplying the nation with the latest innovations and financial solutions that technology has to offer. Seeing how the company’s creative digital solutions go in line with the Egyptian government’s endeavors to support the economy by establishing financial inclusion, I believe our contributions shall induce a paradigm shift to the traditional methods of financial savings, as well as improve the customer service levels, and ultimately boost the digital financial services in the Egyptian market.”

On his part, Mr. Ahmed Mahmoud Abdeen – Founder and CEO of ElGameya commented: “We are thrilled to have Mr. Amr Aboelazm as our Non-executive Chairman, in addition to his being an eminent investor at the company. Aboelazm comes with a proven track-record extending over 28 years in the field of banking and financial services. We strongly believe that he will be a great added value to our advisory board. Whilst taking into account how CBE’s strategies reaffirm financial inclusion, ElGameya sees eye to eye by systematically commissioning subject-matter experts and striving to increase the local mutual fund businesses

for individuals; via capitalizing on the external position of the Egyptian economy in this respect.”

Amr Kamal Aboelazm currently holds the position of Chairman of the Board of Directors and Managing Director of Tamweely Microfinance, in addition to his position as a member of the Board of Directors of the International Council for Small Businesses (ICSB), Chairman of the Middle East Council for Small Businesses and Entrepreneurship (MCSBE), a member of the Board of Directors and a member of the Re-Structuring Committee at Nasser Social Bank. Aboelazm has formerly held the position of a member of the Board of Directors of the Small, Micro, Small and Medium Enterprises Development Agency (MSMEDA), as well as the position of CEO, Vice-Chairman of the Board of Directors and the founding partner of Tanmeyah Microenterprise Services. He has also held the post of Executive Vice President of KFW Development Bank in Egypt, as well as being an investor in several startups and mentoring a number of young entrepreneurs and a consultant for emerging financial technology companies.

ElGameya Fintech Company was established in 2019 by Ahmed Mahmoud Abdeen  as  an  online  platform  that  provides  microcredit  and  collaborative lending    solutions    to    individuals    based    on    the    Sharing    Economy’s concept; known as mutual funds. Through ElGameya mobile application, users can partake in mutual funds with other users who have identical savings capabilities in public circles. The application also enables the facilitation of electronic payment processes, as well as having an integrated market that enables users to access low-price products as an alternative to cash.