Source - RNS
RNS Number : 6843L
EFG-Hermes Egypt Fund Ltd
04 October 2016


For Immediate Release

4 October 2016

The EFG-Hermes Egypt Fund Limited

RE: Appointment of Director



The Board of Directors (the "Board") of the EFG-Hermes Egypt Fund Limited (the "Company") wishes to announce that Ahmed Shalaby has been appointed to the Board with effect from 19 September 2016.


Mr. Ahmed Shalaby joined EFG-Hermes Asset Management in 2010 to be part of the Business Development team.


Mr. Shalaby focuses on the Business Development operations in Egypt and his scope of work involves product development including structuring, developing and launching new product platforms and business initiatives within the Asset Management business. In addition Mr. Shalaby is also responsible for client relationship management, handling Institutional and HNWI sales and identifying strategic and growth initiatives that align with EFG-Hermes' business objectives and priorities.


Mr. Shalaby graduated from the German University in Cairo with a Bachelor's degree in Management Technology and a double major in Economics and Finance. Upon joining EFG-Hermes, he completed the Investment Banking Program offered by the company in corporation with DC Gardner in 2010.


Save as disclosed herein, no further information is required to be disclosed in relation to Ahmed Shalaby  under the Irish Stock Exchange's listing requirements for investment funds.


Ahmed Shalaby has been appointed as an independent director of the Company.




Yvonne Lappin

Phone: +353 1 232 2000




This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.


This information is provided by RNS
The company news service from the London Stock Exchange