Board Member

Since joining TSFE in February 2021, Mr. Saleh has led some of the fund’s investments in insurance, infrastructure, utilities, banking and non-banking financial services and agriculture with portfolio size exceeding EGP 70 billion. He also advised and lead a number of deals related to sale of state-owned enterprises on behalf of the Egyptian Government worth more than USD 6.4 billion. Mr. Saleh holds a number of positions as a representative of the Sovereign Fund of Egypt as a member of the boards of directors on various entities including ERADA Microfinance, Misr Finance, Strategic Medical Warehouses Company and Agriventure for Agricultural Investments. He is also a member of the Investment Committee and the Audit Committee at Misr Insurance Holding Company (the biggest insurance group and one of the largest private equity investors in Egypt) and the the Chairman of the board credit committee at Misr Finance. He is also a member of several government committees. Before joining the Sovereign Fund of Egypt, Mr. Saleh held the position of Principal at Qalaa Holdings (listed on EGX, trading as Citadel Capital SAE CCAP) for 6 years, a leading direct investment company in Egypt and Africa in the fields of infrastructure, energy, industry and food. During his tenure at Qalaa Holdings, Mr. Saleh led investments in the energy, agriculture and cement sectors. On the merger, acquisition and financing front, Mr. Saleh led several deals, including the exit from Qena Cement ($100 million), ASEC Minya Cement and ASEC Ready Mix ($150 million), and managing and restructuring the debts of group with local and international banks (with total managed loan limits exceeding USD 1 billion). Before that, Mr. Mohamed Saleh worked as a senior financial analyst within the Investment Banking and Corporate Finance Department at Arab African International Bank for 5 years, where he managed syndicated loans in various sectors such as tourism, consumer finance, oil, energy, and industry (with a loan portfolio exceeding US$2 billion). He also participated in structuring several securitization bond issues and was part of the team supervising the bank’s direct investments and subsidiaries. Mr. Mohamed Saleh obtained a Bachelor’s degree in Business Administration from the American University in Cairo in 2009, and also a Master’s degree in Business Administration from the American University in Cairo in 2014. He also attended and passed the credit program at AAIB in 2010.