Summary
📍Cairo – Thursday, July 10, 2025
The Insurers Federation of Egypt (IFE) has officially released the final list of candidates for its upcoming Board of Directors elections for the 2025–2029 term. This follows the completion of a 15-day nomination period, which ended on July 8, 2025.
The applications were thoroughly reviewed by the Nomination Review Committee, formed in accordance with the IFE’s bylaws, as stipulated by the Egyptian Financial Regulatory Authority (FRA) Resolution No. 127 of 2025. The committee confirmed that all applicants met the required conditions and were deemed eligible to run.
Presidential Candidates: Two Industry Leaders Face Off
The race for President of the Insurers Federation of Egypt will be contested between two prominent figures in the insurance sector:
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Alaa Mohamed Ali El-Zohairy – GIG Egypt Life Takaful
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Adel Mounir Abdel Hamid Rabah – Sarwa Life Insurance
Vice President: Single Candidate Confirmed
Only one candidate has been confirmed for the position of Vice President:
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Khaled Mohamed Mahmoud Abdel Sadeq – Mohandes Insurance Company
Women’s Representation in the Board
Two female executives are running to represent women in the IFE Board:
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Abeer Helmy Ahmed Saleh – Misr Life Takaful Insurance
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Nevine Essam Hassan Gamea – Misr Insurance Company
Property & Liability Insurance Candidates
The following six candidates will compete for board seats representing companies that operate in property and liability insurance:
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Mostafa Aly Hassan Abou El-Azm – Egyptian Cooperative Insurance Society
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Ahmed Abd El-Samee Khalifa – Sarwa Insurance
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Mohamed Mostafa Mohamed Abdel Rasoul – Orient Takaful Insurance
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Mohamed Hassan Mohamed Farghaly – Suez Canal Insurance Company
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Hossam Ahmed Mohamed Olma – Egyptian Takaful Insurance (Property & Liability)
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Mohamed Aly Abdel Mawla Selim – Salama Takaful Insurance – Egypt
Life Insurance Sector Candidates
Candidates representing life insurance companies include:
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Charles Fayek Hanna Tawadros – Allianz Life Insurance – Egypt
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Amr Anter Farid El-Shimi – Kiwon B Life Insurance
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Omar El-Farouk Abdel Motaal Shalabaya – AXA Life Insurance – Egypt
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Mohamed Mahmoud Abdel-Gawad Ibrahim – Misr Life Insurance
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Haitham Taher El-Sayed Basiony – MetLife Egypt
General Assembly to Convene Within Five Working Days
As mandated by Article 23 of the IFE bylaws, the current President will issue an official call for the IFE General Assembly to meet within five working days to conduct the official board elections. The upcoming vote is expected to be a defining moment for the future leadership of Egypt’s insurance sector.