Nimet Gamal El Oteifi

Appointed : July 2024

Skills and Experience

Nimet Gamal El Oteifi is a seasoned banking professional with over 40 years of experience, specializing in regulatory compliance, anti-money laundering (AML), reputation and conduct risks, and corporate governance. Over the last 17 years, Nimet has honed her expertise in these critical areas, ensuring that the institutions she serves adhere to the highest standards of ethical conduct and regulatory compliance in Egypt and the Middle East. Nimet Gamal El Oteifi’s career in the banking and finance sector began in 1977 when she joined the Egyptian American Bank (now Crédit Agricole). Her journey in compliance officially began in 2002 when she assumed the role of Senior Vice President and Compliance Head at the bank. In 2006, Nimet was promoted to Executive Vice President and Compliance & Financial Security Head, where she was responsible for developing and monitoring a comprehensive compliance program governed by both international and local regulations. Her work during this time laid the foundation for her subsequent achievements and established her as a key figure in the field of compliance. Her strategic insights and initiatives have significantly strengthened the compliance culture within institutions she served, including the Commercial International Bank (CIB), where she established the bank’s compliance function, encompassing AML, corporate governance, and FATCA compliance. In her capacity as General Manager and Board Advisor of Egyptian Gulf Bank, NImet implemented the bank’s GRC (Governance, Risk, and Compliance) framework and advising the Board on governance and compliance matters. In 2018, Nimet became Senior Vice President and Head of Compliance and Corporate Governance at Ahly Bank of Kuwait-Egypt, where she also oversees the Complaints and Customer Rights Protection division, a function she helped establish in 2019. Nimet’s influence extends beyond her roles in the institutions she has served, making her a sought-after expert in regulatory compliance and governance. She has participated in advanced training programs and numerous international seminars and conferences. She was a keynote speaker at the Global Compliance Summit in 2018, where she shared insights on integrating AML strategies with digital banking platforms. Her presentation at the 2020 Middle East Banking Compliance Conference on "The Future of Corporate Governance in the Digital Age" highlighted the importance of adapting governance models to emerging technologies. Nimet holds an M.A. in Economics from the American University in Cairo (1982) and a B.A. in Economics from Cairo University (1977). She was awarded a Fulbright Scholarship in 1980 as part of her graduate studies.

External Appointments

Nimet’s commitment to excellence extends beyond her professional duties. She is an active member of several committees and groups, including being a founding member of the Compliance Heads Group and a current member of the FEB Compliance Heads Group. Her civic contributions include her participation as a member of the Zamalek Inner Wheel Rotary Club from 2000 to 2014 and her service on the Parents Association Board at the American University in Cairo, where she served as a Board Member and Treasurer from 2001 to 2005.