Tarek Fayed

Background

About Tarek Fayed

Chairman & CEO at Banque du Caire, with more than 30 years of banking experience in a variety of fields including but not limited to banking supervision, risk management, corporate & investment banking.Mr. Fayed is currently a board member of; Social Fund for Mortgage Finance, Egyptian Stock Market, Union of Arab banks, Federation of Egyptian Banks, I-Score, Credit Guarantee Company (CGC), Cairo leasing Company (CLC) General Assembly Egyptian Holding Company for Aviation and Federation of Egyptian Chambers of Commerce. Prior to his tenure with Banque du Caire, Mr. Fayed spent 10 years working for the CBE, he has overseen several departments including but not limited to off-site supervision, licensing & macroprudential supervision. He managed to shift the supervisory framework from a compliance to a risk-based approach & introduced new supervisory tools, such as early warning & stress testing. He also participated in the introduction of a large range of prudential regulations including Basel Standards. Additionally, he established Egypt’s 1st financial stability report in 2016 & was also a part of CBE negotiation team with the IMF to facilitate Egypt’s economic reform program in 2016.He represented the CBE on regional & international organizations; The Arab Monetary Fund Financial Stability Working Group, The Islamic Financial Services Board, African Trade & Development Bank, General Assembly of the Egyptian Electricity Authority, and member of National Committee of Refund of Funds. He also represented the CBE as a non-executive director for a number of financial institutions as part of their transformation; the Agriculture Bank of Egypt, United Bank and Arab International Bank.Prior to his tenure with the CBE, Mr. Fayed was the GM & Chief Risk Officer at the Arab International Bank in Cairo. Mr. Fayed worked at Samba Financial Group, in Riyadh, KSA as the Audit Director. He also held the position of Corporate Head for Alex & Delta region at Citibank Cairo.