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Reading: Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
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Dailynewsegypt > Blog > Business > Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
Business

Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt

Shaimaa Raafat
Last updated: 2023/03/29 at 10:28 PM
By Shaimaa Raafat 4 Min Read
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Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
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Telecom Egypt (TE) announced on Wednesday the appointment of Mohamed Nasr El-Din as the company’s new CEO and Managing Director. Nasr El-Din was the Assistant Minister of Communications and Information Technology for International Information Infrastructure.

Nasr El-Din will succeed Adel Hamed who resigned from the position.

Nasr El-Din thanked the board of directors for choosing him for this position, adding that he looks forward to working with the board of directors and the executive work team to achieve more success and excellence for the company and serve its customers who are the focus of its attention and an essential part of it.

“I will devote all my efforts to achieving the company’s vision and strategy, providing a mix of diverse services to suit the various needs of our customers to provide distinguished experience for them. I also look forward to benefiting from the distinguished employees of the company to make the best use of all available opportunities and achieve more growth,” said Nasr El Din in his first statement after assuming the new position.

Telecom Egypt had announced that the company’s board of directors, in its meeting, approved the appointment of Nasr El-Din as Managing Director and CEO, after the board accepted Adel Hamed’s resignation. He will assume a position in the Ministry of Communications and Information Technology, provided that he remains a non-executive member of the Board of Directors of TE.

Maged Othman, Chairman of the Board of Directors of TE, said that Nasr El-Din was chosen for that position due to his distinguished and extensive experience in the field of communications and information technology. His previous experience and pioneering role in TE as Head of the International Communications Services Business Unit in 2014 qualifies him to be the ideal candidate for this position. He would be able to manage the company, maximize the value of its assets and investments, and implement the company’s strategy within the framework of its vision for expansion and growth.

Nasr El-Din joined the Board of Directors of Telecom Egypt as a non-executive member in July 2020, representing the government.

He joined TE in 2004 and received promotions until he headed the International Communication Services Business Unit in 2014. During that period, he undertook several initiatives in submarine cable systems, which contributed to maximizing the company’s revenues.

Nasr El-Din held the position of Assistant Minister of Communications and Information Technology for International Information Infrastructure from May 2020 until March 2023. He has an experience of over 20 years in the field of communications, especially in investments, development and operation of submarine cable systems and international communication networks.

Nasr El-Din has been part of international programs and projects. He held the position of Executive Vice President of Global Infrastructure for Undersea Cables at CW Global, which he joined in 2016. It is the global arm of Hong Kong Telecom.

He has a Bachelor’s degree in telecommunications from the Faculty of Engineering at Al-Azhar University in 2001, and a Master’s degree in business administration.

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Egypt’s petrochemicals exports surge 23% to $8.629bn in 2022
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