Abu Dhabi Islamic Bank - Egypt -E Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mohamed Aly

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.4yrs
CEO ownership	n/a
Management average tenure	5.9yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO

Mohamed Aly

7.4yrs

Tenure

Professor Mohamed Aly has been the Chief Executive Officer, Managing Director and Director of Abu Dhabi Islamic Bank - Egypt - S.A.E (formerly known as National Bank for Development (S.A.E)) since December...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mohamed Aly	CEO, MD & Director	7.4yrs	no data	no data
Mohamed Ahmed Shawky Mahmoud	Chief Financial Officer	2.4yrs	no data	no data
Mohamed Abdelrehim Ahmed Elmasry	Head of Operations	8.3yrs	no data	no data
Sameh Hassan Ibrahim Khalil	Head of Investments	5.4yrs	no data	no data
Rafik Matta Elraheb	Chief Information Officer	less than a year	no data	no data
Tarek Mohamed ElSaid	Head of Legal	3yrs	no data	no data
Amr El Zomor	Head of Compliance and Governance	2.6yrs	no data	no data
Ahmed Mohamed Ahmed El Madany	Head of Human Resources & Organization	11.7yrs	no data	no data
Heidi Ahmed Kamal Mohie	Chief Risk Officer & Executive Director	15.4yrs	no data	0% EGP 0
Mohamed Elsayed Mohamed Nassef	Head of Corporate Banking	6.4yrs	no data	no data
Amr Sanad Ali Gendy	Head of Consumer Banking	6.4yrs	no data	no data
Mohamed Ahmed Beshara	Head of SMEs & Business Banking	5.4yrs	no data	no data

5.9yrs

Average Tenure

Experienced Management: ADIB's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mohamed Aly	CEO, MD & Director	6.5yrs	no data	no data
Heidi Ahmed Kamal Mohie	Chief Risk Officer & Executive Director	7.8yrs	no data	0% EGP 0
Al-Ostada Khalifa Almheiri	Non-Executive Chairman	8.2yrs	no data	no data
Rania Al-Mashat	Independent Director	less than a year	no data	no data
Joseph Iskander	Director	4.4yrs	no data	no data
Bassam Hage	Director	4.4yrs	no data	no data

5.5yrs

Average Tenure

Experienced Board: ADIB's board of directors are considered experienced (5.5 years average tenure).

Abu Dhabi Islamic Bank - Egypt -E Management

Management criteria checks 2/4

Key information

Recent management updates

Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer

Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Now 22% overvalued

Price target increased by 12% to ج.م63.04

First quarter 2024 earnings released: EPS: ج.م3.71 (vs ج.م2.12 in 1Q 2023)

Investor sentiment deteriorates as stock falls 15%

Now 22% undervalued after recent price drop

Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer

Abu Dhabi Islamic Bank Appoints Talha Karim as Group Chief Risk Officer

Investor sentiment deteriorates as stock falls 15%

Now 21% undervalued

Investor sentiment improves as stock rises 26%

ADIB Egypt Withdraws MTO for 100% Stake in Cairo National for Investment

Full year 2023 earnings released: EPS: ج.م8.67 (vs ج.م7.45 in FY 2022)

ADIB Egypt to Submit MTO for 100% Stake in Cairo National for Investment

Investor sentiment improves as stock rises 15%

Consensus EPS estimates increase by 10%

Investor sentiment improves as stock rises 23%

Consensus EPS estimates increase by 13%, revenue downgraded

Price target increased by 9.8% to ج.م28.93

Consensus revenue estimates increase by 32%

Now 20% undervalued

Second quarter 2023 earnings released: EPS: ج.م2.21 (vs ج.م2.43 in 2Q 2022)

Now 21% undervalued

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Price target increased by 7.4% to ج.م25.42

First quarter 2023 earnings released: EPS: ج.م2.12 (vs ج.م1.87 in 1Q 2022)

Now 21% undervalued

Price target increased by 7.3% to ج.م25.39

Price target increased by 7.3% to ج.م25.39

Price target increased to ج.م23.57

Investor sentiment improved over the past week

Less than half of directors are independent

Price target increased to ج.م21.91

Abu Dhabi Islamic Bank - Egypt S.A.E. announced that it expects to receive EGP 1 billion in funding

Less than half of directors are independent

Abu Dhabi Islamic Bank - Egypt S.A.E. announced that it expects to receive EGP 2 billion in funding

Price target increased to ج.م19.92

Price target increased to ج.م17.70

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Compass Capital made a mandatory tender offer to acquire Alexandria National Company For Financial Investment SAE (CASE:ANFI) from El Kahera El Watania Investment (CASE:KWIN), Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 29.8 million.

Tycoon Holding made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 26.1 million.

Price target increased to ج.م16.94

Consensus forecasts updated

Zeta Investment made an offer to acquire 90% in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 25.9 million.

Price target raised to ج.م16.55

Zaldi Capital and other investors made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 25.9 million.

A group of investors represented by Ahmed Farouk made an offer to acquire 85% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB), El Kahera El Watania Investment (CASE:KWIN) and others for EGP 23.6 million.

Kayan for Sustainable Development made an offer to acquire 90% stake in Alexandria National Company For Financial Investment SAE (CASE:ANFI) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB) and others for EGP 24.9 million.

New 90-day high: ج.م12.24

New 90-day high - ج.م11.54

New 90-day high - ج.م10.31

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure