The Board has established a corporate governance framework with clearly defined responsibilities and accountabilities. The framework is designed to safeguard and enhance long-term shareholder value and to provide a platform to realize the Group’s strategy through Egytrans’ Portfolio, Performance and Trust priorities. Our internal control and risk management arrangements are an integral part of Egytrans’ governance framework.

Board Committees

Find out who sits on our various Board Committees and what these Committees do.

Role

- Evaluating opportunities for investment

- Studying investment proposals

- Maintaining oversight on progress of new projects

- Providing the Board with recommendations on new projects

Membership

Committee members Committee member since
Abir Leheta Chair since 2016 2016
Mohamed Ashraf Omar 2018

Details of the Committee members’ skills and experience are given in their biographies under Board of Directors. Rania Farouk Bastawissi, Corporate Governance and Sustainability Manager and Secretary to the Committee attends all meetings. Other attendees at Committee meetings may include:

Attendees Regular attendee Attends as required
CFO -
Business Development Director -
Projects & Operations Director -
Appropriate External Advisors -

Abir Leheta Investment Committee Chair

Role

- Structure, size and composition of the Board and the appointment of Directors, members to the Board Committees and the Executive Team

- Succession planning for the Board and the Executive Team

- Remuneration of the Board and the Executive Team

- Policies and procedures governing employment and remuneration

Membership

Committee members Committee member since
Ameer Sherif Chair since 2020 2020
Heba Leheta 2016
Mohamed Ashraf Omar 2020

Details of the Committee members’ skills and experience are given in their biographies under Board of Directors. Nagwa Mohamed, Chairman and CEO Office Manager and Secretary to the Committee attends all meetings. Other attendees at Committee meetings may include:

Attendees Regular attendee Attends as required
Chief Executive Officer -
Human Resources Director -
Appropriate External Advisors -

Ameer Sherif Nomination & Compensation Committee Chair

Role

- Financial and internal reporting processes

- Integrity of the financial statements

- Identification and management of risks and external and internal audit processes

- Independence and capability of External Auditor

Membership

Committee members Committee member since
Samer El Waziry Chair since 2020 2020
Ola El Garf 2022

Details of the Committee members’ skills and experience are given in their biographies under Board of Directors. Rania Farouk, Corporate Governance and Sustainability Manager and Secretary to the Committee attends all meetings. Other attendees at Committee meetings may include:

Attendees Regular attendee Attends as required
CEO -
CFO -
Internal Audit Manager -
Risk Management Supervisor -
Head of Legal Department -
External Auditors -
Appropriate External Advisors -

Samer El Waziry Audit & Governance Committee Chair

For the Board to operate effectively and to give full consideration to key matters, Board Committees have been established as set out below.
See the Committee Reports for other attendees at committee meetings, such as the CEO and other Executive Directors, and the work of the Committees during the year. These reports are included later in the Corporate Governance Report.
Board Nomination & Compensation Audit & Corporate Governance Investment
Total number of scheduled meetings 11 1 6 4
Members 8 members until 2020/3/31 9 members starting 2020/3/31 5 4 members until 2020/3/31 3 members starting 2020/3/31 5
Abir Leheta 11/11/2021 12:00:00 AM - - 4/4/2021 12:00:00 AM
Dr. Mohga Badran 3/3/2021 12:00:00 AM - - -
Hassan Atta 3/3/2021 12:00:00 AM - - 1/1/2021 12:00:00 AM
Dr. Amr Kais 3/3/2021 12:00:00 AM - 2/2/2021 12:00:00 AM 1/1/2021 12:00:00 AM
Ahmed Ismail 11/11/2021 12:00:00 AM 1/1/2021 12:00:00 AM 2/2/2021 12:00:00 AM 1/1/2021 12:00:00 AM
Dr. Heba Leheta 11/11/2021 12:00:00 AM 1/1/2021 12:00:00 AM 6/6/2021 12:00:00 AM -
Mohamed Niazy 9/9/2021 12:00:00 AM - - 2/2/2021 12:00:00 AM
Mohamed Ashraf omar 11/11/2021 12:00:00 AM 1/1/2021 12:00:00 AM 2/2/2021 12:00:00 AM 4/4/2021 12:00:00 AM
Samer ElWaziry 8/8/2021 12:00:00 AM - - -
Mohamed Khodeir 7/8/2021 12:00:00 AM 1/1/2021 12:00:00 AM 4/4/2021 12:00:00 AM -
Mohamed Okasha 7/8/2021 12:00:00 AM - 3/4/2021 12:00:00 AM 3/3/2021 12:00:00 AM
Raed AbdelRahman 1/8/2021 12:00:00 AM - - -
Mohamed Hassan Youssef 2/2/2021 12:00:00 AM - - -
Khaled Gamal - - - 3/3/2021 12:00:00 AM
Amir Sherif - 1/1/2021 12:00:00 AM - -

See the Committee Reports for other attendees at Committee meetings, such as the Chairman and other Executive Directors, and the work of the Committees during the year. These reports are included later in the Corporate Governance Report.

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