B Investments feels strongly that sound, transparent corporate governance is the key to long-term success and business sustainability. For us, this success is laid on the foundation of the sound and balanced guidance of its Board of Directors and four dedicated committees that work to build the highest standards for internal systems and controls.
Chairman of the Board
Hazem Barakat co-founded BPE Partners in 2006 with a vision to capitalize on his industry and operational expertise by investing in domestic businesses with growth potential. He is the chairman of BPE Partners and B Investments and is a member of BPE Partners’ investment committee. Additionally, Mr. Barakat is the non-executive chairman of Madinet Masr and sits on the boards of Al-Ismaelia, Basata E-Payments, Basata Finance, B Healthcare Investments, The Egyptian IVF Center, and Daikin Egypt. Prior to founding BPE Partners, he co-founded Miraco-Carrier, one of the region’s leading air conditioner manufacturers, as well as Engineering Plastic Manufacturing, a leading plastics manufacturer.
Mr. Barakat holds a BSc in Mechanical Engineering from the New York Institute of Technology and is a member of the Egypt-based American Chamber of Commerce, the British Egyptian Business Association, and the Egyptian Businessmen’s Association. Previous directorships include the Egypt-US President’s Council, the Egyptian Economic Forum, and the Advisory Council of the School of Business, Economics, and Communication at the American University in Cairo.
Board Member
Aladdin Saba founded Beltone Financial in 2002 and co-founded BPE Partners in 2006. Mr. Saba was also a co-founder of Hermes Financial, which became EFG Hermes in 1996, after working as a Senior Portfolio Manager at Kidder, Peabody & Co. Inc. in New York. He is a founding member of the Egyptian Investment Management Association and the Egyptian Capital Markets Association. Mr. Saba is the chairman of Basata E-Payments and Basata Finance and sits on the boards of B Investments and Madinet Masr. He was also a member of the board of directors of the Central Bank of Egypt, the Egyptian Exchange, and GB Auto. Mr. Saba holds a Bsc in Biomedical Engineering from Cairo University, an MBA from Wharton, and an additional Master’s degree in Biomedical Engineering from the University of Pennsylvania.
Board Member
Dr. Abdel-Monem Omran joined BPE Partners in 2006 after holding various positions at Douwe Egberts, Industrial Bank of Kuwait, and Helarb Management, Switzerland, an investment management firm concentrating on M&A in Europe. He previously founded an advisory firm, Egivest Consulting, to manage one of the first private equity funds in Egypt (Arab Investment Company). Dr. Omran is a founding member and board member of the Egyptian Private Equity Association. Dr. Omran holds a BSc in Chemical Engineering from Cairo University and a PhD in Chemical Engineering from the University of California.
Board Member
Mr. Karim Saada has over 20 years of experience in finance and investment, specifically in private equity, financial management, corporate lending, and remedial asset management. Mr. Saada currently holds the post of Executive Partner & Country Head-Egypt of Amwal Al Khaleej Commercial Investment Company. Prior to joining Amwal, Mr. Saada was with Gulf Arab Investment Company, a USD 75 million private equity investment company based in Egypt, where he held the position first of Chief Investment Officer then General Manager. He has 10 years of banking experience in Egypt and Saudi Arabia, largely in corporate banking, corporate finance, and restructure/recovery of remedial accounts, having worked with EAB and United Saudi Bank. Mr. Saaba was also Finance Director at Kingdom Holding, where he was seconded to Rotana Audio & Audio-visual for a two-year period. He is a CFA Charter holder and member of the CFA Institute. He holds an Msc in Finance (UK), and a BA in Business Administration from The American University in Cairo.
Board Member
Mr. Ashraf Shash is the head of Direct Investment at the CIB where he has worked since 1990. Mr. Shash has vast experience in private equity, corporate finance, asset and financial restructuring risk, credit appraisal and project finance. He brings more than 27 years of experience in various fields, mainly correspondent banking, corporate banking, investment banking, strategic planning and investor relations. During his work at CIB, Mr. Shash was involved in and has structured a number of significant privatization, corporate finance, and M&A deals. He was also responsible for various strategic initiatives within the bank, including but not limited to, the newly launched Venture Capital initiative. He is currently a member of CIB’s Affiliates Committee, overlooking all strategic decisions pertaining to the bank’s affiliated companies. Mr. Shash has attended courses at prestigious international institutions, including the London Business School and Harvard Business School. He holds a BA in Accounting from Cairo University’s Faculty of Commerce.
Board Member
Ms. Riham Alghanim is the Deputy Vice President of Fouad Alghanim & Sons General Trading & Contracting Co. and is the Chairwoman of Kuwait Finance & Investment Company. Ms. Alghanim is also a board member at Al-Ghanim International Trading & Contracting and at Kuwait Network Electronic Technology Co. She is also the Director of Riham General Trading & Contacting Co. and was previously manager for Gulf Communication & Electronics Company and Gulf Technology & Electronics System. She holds a BA in English Literature and Diploma in Business Management from Kuwait University.
Board Member
Mr. Fahad Al-Tamimi is a noted Saudi businessman and founder of Tamimi Investments and Mining Co. and is a senior consultant to the founder and chairman of Saudi Consult where he previously served as CEO and president. He has an extensive track record in diverse fields such as oil and gas, engineering, construction, shipping, trading, real estate, mining, and general investment. Over the last three decades, he has been at the center of a number of significant infrastructure projects in the Middle East across the energy, mining and transportation sectors. He served as the Chairman and Co-owner of Worley Parsons Saudi Arabia, which held a significant market share servicing the engineering sector in Saudi Arabia. Mr. Tamimi has also been Chairman at Kerr Mines Inc. since June 30, 2016. He has a BSc in Chemical Engineering from University of Petroleum and Minerals in Dhahran, Saudi Arabia and an MA in Petroleum Engineering from the University of Houston, Texas.
Board Member
Mr. Omar Mohanna is the Chairman of Suez Cement Group of Companies (SCGC), the largest cement producer in Egypt. Mr. Mohanna has over 25 years of commercial and investment banking experience with Egyptian and international financial institutions, which has culminated in the position of vice chairman and managing director of Egypt Arab African Bank (EAAB). Mr. Mohanna is also Chairman of the Alexandria Tire Company – Pirelli and Chairman of ACE Insurance Co. Egypt, and chairman of ACE Life Insurance Co. Egypt. Both companies are subsidiaries of the U.S. multinational insurance group ACE. He also held the position of managing director of Accor Hotels Group in Egypt and has been a member of the board of directors of numerous companies. Mr. Mohanna is the Chairman of Egypt-U.S. Business Council (EUSBC) and Chairman of the Egyptian Center for Economic Studies (ECES). He is a member of a number of business associations, organizations, councils and NGOs.
Board Member
Mr. John Sanderson has over five decades of experience in the financial services industry. Since 2004, he has been a Board Member of the Beltone Financial Gems Fund while remaining actively involved in US-and European-based investment activities. Mr. Sanderson was actively involved in setting up a London office for Baltimore-based investment firm Legg Mason from 1995-2004 where he built a successful brokerage and asset management business from the ground up. He spent the majority of his career (from 1967-1995) with Kidder Peabody & Co. in several capacities, working his way to Chairman of the European Management Committee and Head of Brokerage for Europe and the Middle East.
Board Member
Mostafa El-Anwar joined BPE Partners in 2008 after working on a number of high-profile investment banking transactions at Morgan Stanley in London. He was previously Vice President at EFG Hermes Asset Management managing equity, balanced, and fixed income portfolios. Currently, Mr. El-Anwar sits on the boards of B Investments, Madinet Masr, Gourmet, B Healthcare Investments, The Egyptian IVF Centers, and Tamweel Holding. Mr. El-Anwar holds an MBA from London Business School.
Board Member
Dr. Ali Dayekh has over 30 years of experience in the construction and construction materials sector. He is the President and CEO of Saudi Group for Construction Materials and a member of the Advisory Board of Gulf Capital, Credit Agricole Bank Egypt, and Modern Industries Company. Previously, Dr. Dayekh served as the Chairman of several companies in the contracting, construction, and glass panels and frames construction industries, including Aleco, Al Riyadh Electricity Company; Silver Window Construction; Saudi Aluminum Factory; Al Arif Contracting Company, Saudi Arabia; and Ali Dayekh Real Estate Development. Dr. Dayekh also founded several successful companies across diverse sectors in the MENA region. He holds a PhD in Philosophy and Management Research from Kensington University in the US and a BA in Business Administration from Richmond University in UK.
Board Member
Mona Osman joined BPE Partners in 2009 after holding the position of the General Manager for Investments at Al-Ahly for Development and Investment (ADI). Ms. Osman spent 10 years in the Projects Department of Misr Iran Development Bank (MIDB) and is a founding and board member of the Egyptian Private Equity Association (EPEA). Currently, Ms. Osman sits on the boards of B Investments, Madinet Masr, Basata E-Payments, Basata Finance, Basata Microfinance, Tamweel Holding, and Al Ahly Pharos. Ms. Osman holds a BA in Economics from the American University in Cairo.
