Egypt reshuffles petroleum sector leadership, names women to top posts
Egypt’s Petroleum Minister Karim Badawy approved a new round of executive appointments across the state-run petroleum sector on Thursday, reshuffling the leadership of several companies and promoting more women to senior management positions.
The appointments are part of a broader restructuring aimed at improving operational performance and strengthening corporate governance across the sector, the ministry said in a statement.
Among the appointments, Rasha Abdel Fattah El Sayed Ramadan was named chairperson and managing director of Misr Fertilisers Production Company (MOPCO), while Sally Salah El Din Sayed Abdel Rahman became chairperson and managing director of El Wastani Petroleum Company (WASCO), expanding the number of women leading state-affiliated energy companies.
The ministry also appointed Hossam Mohamed El Fahmy Soliman as chairman and managing director of Wood Technology Company (WOTECH), Yassin Abdel Hakim Abdel Maksoud Eissa as chairman and managing director of the Egyptian Sustainable Aviation Fuel Company (ESAF), and Ahmed Sobhy Ali Ibrahim as chairman and managing director of the Egyptian Bioethanol Company (EBIOL).
It also named Mohamed Mahmoud Zaki Mohamed as chairman of the Egyptian Petrochemicals Company (EPC), and Mohamed Ali Mohamed El Rashidi as chairman and managing director of Petrochemicals Logistics Services Company (PLS).
In addition, Ahmed Mahmoud Mohamed El Sayed was appointed vice president for operations and board member of the Egyptian Petrochemicals Holding Company (ECHEM), while Mohamed Sabry Hanafy Mahmoud was named assistant chief executive for environmental affairs and supervisor of industrial safety at the Egyptian General Petroleum Corporation (EGPC).
Dr. Tamer Mohamed Mohamed Ayesh was also appointed assistant chairman for safety, occupational health, and environmental protection at the Gulf of Suez Petroleum Company (GUPCO).
The reshuffle also included the appointment of Mahmoud Saeed Ghoneimy Gharib as chairman and managing director of Paris Oasis Natural Water Company and New Valley Bottling Company.
The appointments form part of the ministry’s ongoing efforts to strengthen corporate governance, improve operational performance and reinforce health, safety and environmental standards across Egypt’s petroleum sector.
Attribution: Amwal Al Ghad English