‎Assistant Sub-Governor of the Markets Sector at the Central Bank of Egypt Rami Aboul Naga was appointed as a member of the Board of Directors of the Egyptian Exchange to represent the Central Bank of Egypt.

Aboul Naga will succeed Rania Al-Mashat, who will move to the International Monetary Fund.

According to a senior official, EGX management received the nomination letter for Aboul Naga on Sunday.

Aboul Naga is one of the CBE’s main officials managing foreign exchange reserve. He is also a board member at the Egypt Post.