Farouk El Okdah
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Farouk Abd El Baky El Okdah ( ar, فاروق عبد الباقى العقدة, born August 1946) was the Governor of the
Central Bank of Egypt The Central Bank of Egypt (CBE; ar, البنك المركزي المصري) is the central bank and monetary authority of Arab Republic of Egypt. Currency Since the trading of gold and silver coins in Egypt and until 1834, there was no one ...
"CBE" from December 2003 to February 2013.


Academic Qualifications

- B.S. In Commerce Accounting Major from Ain Shams University 1965 - Master of Accounting (with honors) from
Cairo University Cairo University ( ar, جامعة القاهرة, Jāmi‘a al-Qāhira), also known as the Egyptian University from 1908 to 1940, and King Fuad I University and Fu'ād al-Awwal University from 1940 to 1952, is Egypt's premier public university ...
in 1975 - Master of Business Administration (Finance) from
The Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
,
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...
in 1981 - PhD. in Business and Applied Economics from
The Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
,
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...


Managerial Positions

- Governor of the Central Bank of Egypt (CBE) from December 2003 until February 2013. - Chairman & Chief Executive Officer of the National Bank of Egypt (NBE) from January 2003 until December 2003 in which he became the Governor of
Central Bank of Egypt The Central Bank of Egypt (CBE; ar, البنك المركزي المصري) is the central bank and monetary authority of Arab Republic of Egypt. Currency Since the trading of gold and silver coins in Egypt and until 1834, there was no one ...
- He acquired 19 years of banking experience from 1983 until 2002 working with Irving Trust Company - New York which was acquired later by
Bank of New York The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Fina ...
; where he has worked as Assistant Vice President for Middle East Division and as Vice President and Africa District Manager - Dr. El Okdah was the Managing Director of The International Company for Leasing "IncoLease" from 1997 until 2002. He established IncoLease while working for
Bank of New York The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Fina ...
- In addition Dr. El Okdah worked as an instructor in Accounting and Finance for
The Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
,
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...
from 1978 until 1982 - in 1978, he was nominated by
The Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
to serve as a consultant for The International Finance Corporation (IFC)-
The World Bank The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development G ...
- Dr. El Okdah has been a member of the Board of Directors of Egypt Air Holding Co. since 1998 - He served as an advisor to the Governor of the Central Bank of Egypt (CBE) from 1998 to 2001 in the time of the Governor Ismail Hassan - Dr. El Okdah used to be a member of the Board of Directors of the Egyptian Banking Federation - He used to be a member of the Board of Directors and Treasurer of The Arab Bankers Association North America from 1987 until 1989


Previous Positions

*December 2003 - Feb 2013: Governor of the Central Bank of Egypt *January 2003 - December 2003: Chairman and CEO, The National Bank of Egypt *1997-2002: Managing Director, International Company for Leasing "Incolease" *1989-2002: Vice President, Regional Manager and Advisor, The Bank of New York *1984-1988: Assistant Vice President - Middle East Division, Vice President and Africa District Manager, Irving Trust Company, New York *1978-1982: Instructor in Accounting and Finance, The Wharton School, University of Pennsylvania


References


External links


Details on the Union of Arab BankersBusiness Week Person ProfileCBE rejects Chairman of ANB resignation
{{DEFAULTSORT:Okdah, Farouk 1946 births 20th-century Egyptian economists Living people Wharton School of the University of Pennsylvania alumni Governors of the Central Bank of Egypt 21st-century Egyptian economists