Board of Directors

Mr. Hesham El Sewedy

Chairman-Acumen Holding

Mr. Hesham El Sewedy is one of the largest investors in the region and a prominent investment figure in the Egyptian stock market. Mr. El Sewedy is the Chairman of Energya Industries, the owner of Energya Cables, Energya Steel Manufacturing, and Energya Electrical Industries. He is also the Chairman of Wadi El Nil Cement Company, Hayah Urban Development, Hayah International Academy and Helal El Sewedy Foundation for Society Development.

Eng. Mohamed Abdalla

Vice Chairman-Acumen Holding

Eng. Mohamed Abdalla pioneered institutionalizing the real estate brokerage sector in the country by establishing Egypt’s first premier real estate full service provider Coldwell Banker in 2001. This took place after an exceptional success in establishing and managing Egypt’s leading securities brokerage firm in the 1990s, InterCapital Securities, that is now a part of the largest investment bank in the region-EFG-Hermes. With over 23 years of experience in the equities and real estate sectors, Abdalla is currently the Chairman of Coldwell Banker Egypt, and Coldwell Banker Intercontinental Affiliates that has the franchise of Coldwell Banker in 36 countries in the Middle East, North Africa and Eastern Europe. Coldwell Banker Egypt has 16 branches and employs over 340 real estate agents. The company earned several awards in international real estate conferences held in the USA over the last years

as the number one international master franchise.

In 2010, Abdalla co-founded Acumen Holding. The holding company has three main subsidiaries: Acumen Securities Brokerage, Acumen Asset Management and Acumen-BPE Realestate Fund Management. The firm is managing Egypt’s top performing balanced fund in 2014, “El Kheir”; Bank Audi’s Islamic fund “Izdehar”, the first fund to be launched in Egypt after the revolution; along with portfolios of public sector banks, public and private institutions, and high-net-worth individuals.

Abdalla is an active member of AmCham Egypt. He co-founded and chaired the Realestate Committee since its inception in 2003, and has attended the AmCham Egypt Doorknock Missions to Washington D.C for the past 15 years.

Abdalla served as Board Member in Raya Holding from 2013 until 2015; and as Board Member in the Egyptian Railways Projects and Transport Company from 2005 until February 2010.

In 2019 Abdalla joined Silicon Waha for technology parks as a board member .

Mrs. Rana Adawi

CEO- Acumen Holding

Mrs. Rana Adawi, comes with prime expertise in asset management and over 30 years’ experience in the financial services industry in Egypt, having worked with leading international and regional financial institutions. Mrs. Rana was recognized by regional and global organizations for her leadership, and asset management skills. In 2019 she was awarded the Most Inspiring Woman of the Year by International Business Magazine. In 2018 she was chosen as one of The Middle East’s Most Influential Women by Forbes Magazine, and CEO of the year from Global Investors Group. She was also awarded “Outstanding Achievement by Individual” during MENA Fund Managers Performance Awards, and the Best Asset Management CEO 2018 award from International Finance Magazine. In addition to being awarded the Best Asset Manager and Best Fund Manager in Egypt 2018 from Global Business Outlook. In 2016, she was chosen as one of the Top 50 Most Influential Women in the economy in Egypt in a ceremony organized by one of Egypt’s top financial magazines under the auspices of the Prime Minister of Egypt. She is a member of the: Top 50 Committee that is taking an active role in the economic development of the country, American Chamber of Commerce, and British Egyptian Business Association- BEBA.

Mr. Anis Aclimandos

Board Member-Acumen Holding

Anis Aclimandos is president of Transcentury Associates, a U.S. private international consulting firm located in Bethesda, Maryland and Cairo that provides technical and management consulting services for development projects worldwide. Its clients include foreign governments, U.S. and international private firms, non-governmental organizations, USAID, the World Bank, the European Union and international donors.

Mr. Aclimandos is an international business development consultant with extensive expertise and experience in handling trade representations and affiliations between Egypt and the United States. He is a “Mergers and Acquisitions” specialist who has brought to fruition major transactions. He has designed and implemented a broad range of development programs for projects in Egypt, Yemen, Sudan, and Somalia, and managed components of the USAID funded projects, including procurement services shipment programs, supply chain management support to international corporations.

He is currently President of the American Chamber of Commerce in Egypt. He serves as Chairman of the Education for Employment Foundation and is a member of the boards of Community and Institutional Development, Concordia Construction Company, Ready Mix, Carry-On (Unilever distributor) and Amoun Pharmaceutical Company, where he is also a Senior Board Advisor of the holding company. He is a former Chairman of the USAID/Ministry of Finance Committees for the Chamber of Commerce; Secretary General of the French Chamber of Commerce in Egypt; President of the Jesuits Alumni Association; member of the International Affairs Committee at the Federation of Egyptian Industries; and member of the U.S. Egypt Presidential Council.

Mrs. Fatma Lotfy

Board Member-Acumen Holding

Mrs. Fatma Lotfy is a distinguished banking and investment expert with over 35 years of experience in both commercial and investment banking. Her extensive career spans leadership roles at some of Egypt's most prominent financial institutions, where she has demonstrated exceptional expertise in driving growth and innovation across the banking and investment sectors.

Currently, Mrs. Lotfy serves as the Chairman of EFG Finance and Chairman of EFG Leasing, where she plays a key role in shaping the company's strategy and vision. Prior to her current positions, Ms. Lotfy was the Deputy Chairman and Managing Director of Bank Audi Egypt, where she led the bank’s operations and contributed to its growth in the Egyptian market. She also served as the Deputy Chairman and Managing Director of Bank of Alexandria and held the role of Senior General Manager at the Egyptian American Bank, an affiliate of American Express.

Earlier in her career, Ms. Lotfy was the General Manager of CIB (Commercial International Bank) and an Executive Director of Commercial International Investment Company (CIIC). These roles allowed her to build a solid foundation in banking operations, financial management, and investment strategy, all of which have contributed to her distinguished reputation in Egypt’s financial sector.

Mrs. Lotfy holds a Bachelor's Degree in Business Administration from the Faculty of Commerce at Cairo University and a Graduate Diploma in Finance from the American University of Washington. Her professional network is extensive, and she is an active Member of EPEA (Private Equity) and the Egyptian-European Council.

Throughout her remarkable career, Mrs. Lotfy has consistently played a pivotal role in shaping the future of Egypt’s banking and investment sectors, demonstrating unparalleled leadership and a deep understanding of the financial landscape. Her legacy of success continues to inspire the next generation of business leaders and financial professionals.

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Eng. Alaa Adawy

Board Member-Acumen Holding

Mr. Alaa Adawy is a distinguished entrepreneur and board member of Acumen Holding, a leading Egyptian investment company established in 2010. He is the founder of Ultimatrue Industries, a company specializing in engineering projects and trading, with a focus on electrical and electronic systems. Ultimatrue Industries has been a significant player in Egypt's industrial sector, providing innovative solutions and contributing to the country's economic development.

As a board member of Acumen Holding, Mr. Adawy brings a wealth of experience and strategic insight to the company's operations. His extensive background in engineering and industrial management complements Acumen Holding's mission to drive growth and innovation in Egypt's industrial sectors.

Mr Adawy's leadership at Ultimatrue Industries has been instrumental in establishing the company as a reputable entity in the Egyptian market. His commitment to excellence and innovation continues to influence the industry, making him a respected figure in Egypt's business community.

Eng. Tarek El Gamal

Board Member-Acumen Holding

Mr. El Gammal is a highly accomplished Civil Consultant Engineer with 35 years of expertise in the fields of real estate development, construction, and investing. His extensive career has positioned him as one of the leading figures in the Egyptian construction and real estate industry. Throughout his career, EL Gammal has proven his exceptional leadership and expertise, overseeing numerous high-profile projects and companies.

He currently serves as the Chairman of the Board of Directors for nine major businesses, including some of Egypt’s leading construction and real estate firms:

Redcon Construction
Redcon Commercial and Administrative Centers
Redcon GRC
Redcon Spain
Alyo Redcon Aluminum Manufacturing
Redcon Real Estate Development Company
Katameya Administrative Buildings
New Cairo for Administrative Buildings
Redcon Administrative Buildings

In addition to his role as Chairman, El Gammal holds the position of Managing Director for Redcon Administrative Buildings, where he plays a critical role in overseeing the development of some of Egypt's most significant commercial and administrative properties.

His leadership extends beyond the private sector, as he is also a member of the board of directors for two prominent government corporations, contributing his expertise to the country’s ongoing development initiatives.

Throughout his career, El Gammal has been involved with five large investment and redevelopment companies, providing strategic guidance and leadership to ensure their success. His wealth of experience in real estate, construction, and investment has earned him a reputation as a trusted figure in the industry.

Mr Tarek El Gammal's vision and commitment to excellence have not only contributed to the growth of Egypt’s real estate and construction sectors but have also made a lasting impact on the country’s urban development. As a board member of Acumen Holding, Mr. El Gammal brings valuable insights and industry expertise to help drive the company's continued growth and success in the financial and investment sectors.

Eng. Ali EL Sewedy

Board Member-Acumen Holding

Mr. Ali El Sewedy is the Vice Chairman of the Board of Directors of Energia Industries Group in Egypt and Saudi Arabia, which operates in the fields of cables (Energia Cables - Jeddah Cables), iron (Energia Steel), cement (Nile Valley Cement), and education (Hayat International Academy). He graduated from Queen Mary University of England in 2015 with a major in Mechanical Engineering. He is also a member of the Hayat Urban Development Company Board of Directors and the Acumen Holding Company for Financial Investments Board of Directors.

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