Discharge and appointment of a Director General of the Capital Markets Regulatory Authority

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Discharge and appointment of a Director General of the Capital Markets Regulatory Authority

The Prime Minister, Dr. Abdullah Hamdouk, based on the provisions of the constitutional document for the transitional period for the year 2019 and based on the recommendation of the Minister in charge of Finance and Economic Planning, issued a decision to discharged Mr. Rifaat Ahmed Abdel Karim from the position of Director General of the Capital Markets Regulatory Authority and appoint Mr. Dr. Shawkgi Azmy Mahmoud, Director General of the Capital Markets Regulatory Authority

The decision directed the Ministries of Finance and Economic Planning (the Financial Market Regulatory Authority), Labor and Social Development, and other concerned parties to take measures to implement the decision.