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Federation of Egyptian Banks appoints Ahmed Fouad to lead SME committee

The decision comes as part of continued efforts to build on the committee’s achievements in recent years, reinforcing the banking sector’s role in financing and supporting small and medium-sized enterprises, which are widely seen as a key driver of economic growth and job creation.

Tue, Apr. 14, 2026

The Board of Directors of the Federation of Egyptian Banks, chaired by Mohamed El-Etreby, has approved the appointment of Ahmed Fouad as head of its Small and Medium Enterprises (SME) Committee, in a move reflecting the federation’s ongoing efforts to strengthen technical committees and regularly update leadership roles.
 
The decision comes as part of continued efforts to build on the committee’s achievements in recent years, reinforcing the banking sector’s role in financing and supporting small and medium-sized enterprises, which are widely seen as a key driver of economic growth and job creation.
 
Fouad currently serves as Head of SME Banking at QNB Egypt, and is regarded as one of the prominent banking professionals in the Egyptian market. He brings more than 23 years of experience in credit, corporate finance, and business banking.
 
Throughout his career, he has held several senior positions and has managed diversified credit portfolios, developing strong expertise in risk management and banking business expansion. 
 
He has also played a notable role in advancing SME financing strategies aligned with Central Bank of Egypt targets.
 
Fouad is no stranger to the federation’s work, having served for more than four years as a member of the technical secretariat of the SME Committee, where he contributed to banking dialogue, knowledge exchange, and policy development across the sector.
 
Academically and professionally, he holds multiple international banking and leadership certifications and is a graduate of the Leadership Development Program (32nd cohort). 
 
He has also participated in numerous local and international banking conferences and workshops, and has been recognized on several occasions for his contributions to the development of Egypt’s banking sector and SME financing ecosystem.
 
The appointment underscores the Federation of Egyptian Banks’ commitment to promoting innovation in banking practices and enhancing the sector’s role in sustainable economic development through expanding access to finance for SMEs and micro-enterprises.