Farouk El Okdah’s biography, net worth, fact, career, awards and life story

Farouk Abd El Baky El Okdah (Arabic: فاروق عبد الباقى العقدة‎, born August 1946) was the Governor of the Central Bank of Egypt “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 in 1975

– Master of Business Administration (Finance) from The Wharton School, University of Pennsylvania in 1981

– PhD. in Business and Applied Economics from The Wharton School, University of Pennsylvania

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

– 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; 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

– In addition Dr. El Okdah worked as an instructor in Accounting and Finance for The Wharton School, University of Pennsylvania from 1978 until 1982

– in 1978, he was nominated by The Wharton School to serve as a consultant for The International Finance Corporation (IFC)- The World Bank

– 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, NewYork
• 1978-1982: Instructor in Accounting and Finance, The Wharton School, University of Pennsylvania