The board of administrators of the Nationwide Funding Financial institution (NIB), chaired by Ahmed Rostom, has appointed Dalia Mostafa as vice-chairperson and managing director of the financial institution, as a part of efforts to strengthen its management with skilled banking professionals with a protracted observe document in managing strategic and monetary portfolios.
Mostafa is one among NIB’s senior executives, with almost 40 years of banking and monetary expertise on the establishment. She has held a number of senior positions throughout her profession, together with assistant managing director for funding and sources from 2020, earlier than serving as adviser to the financial institution’s chairperson for funding, sources, monetary affairs, and last accounts.
Mostafa holds a bachelor’s diploma in economics and political science from Cairo College, graduating in 1987 with an excellent grade with honours. She was additionally named among the many 50 Most Influential Ladies in 2021.
All through her profession, Mostafa has contributed to a number of key tasks and portfolios on the financial institution, together with investments and fairness stakes, the place she supervised the administration of NIB’s fairness funding portfolio, subscriptions to capital will increase at corporations and banks, and the implementation of funding exit insurance policies in accordance with permitted rules.
She additionally participated in investing the financial institution’s surplus liquidity in appropriate financial savings and funding devices and supervised the implementation of its securities portfolio technique, which is managed by means of specialised corporations.
In restructuring and growth, Mostafa participated in making ready the financial institution’s restructuring plan in cooperation with main worldwide consultancy corporations. She additionally supervised the monetary affairs and last accounts division, together with the assessment of economic statements and the financial institution’s annual funds.
Mostafa additionally oversaw efforts to safe the sources required to finance the financial institution’s actions and maximise revenues, serving to be sure that NIB may effectively meet and settle its obligations.
As well as, she participated in creating an built-in framework to settle NIB’s debt to the Nationwide Financial institution of Egypt referring to funding certificates and helped attain an settlement with Egypt Publish to settle excellent money owed.
Mostafa has additionally served on the boards of a number of main banks and corporations, together with the Export Improvement Financial institution of Egypt, Financial institution NXT, e-finance, Egyptian Fajr for Pure Fuel, Misr Fertilizers Manufacturing Firm (MOPCO), and Good Aviation.
