Akef El Maghraby was appointed to Telecom Egypt’s Board of Directors in March 2025.

With over 25 years of experience in banking and finance, El Maghraby has a strong track record in all banking activities, financial strategy, and economic development. He is currently the CEO & Managing Director of Suez Canal Bank.

Prior to this role, El Maghraby was the Vice Chairman of Banque Misr. During his tenure, he played a pivotal role in managing key business areas, including corporate banking, treasury, international business, retail, SME banking, investments, Islamic finance, global transaction services, regional operations, branches, and financial inclusion. His leadership and strategic vision contributed significantly to the bank’s expansion and modernization, particularly in the realm of digital transformation.

Before joining Banque Misr, he was the Head of Corporate & Investment Banking at Citi Bank Egypt, where he successfully doubled its assets and increased revenues by 50% in 2015. During his career at Citi Bank, which spanned over a decade, he spearheaded major financial transactions and provided financing and advisory services to leading corporations and government entities across various sectors, such as steel, chemicals, and energy.

In addition to his executive roles, he currently serves as the Chairman of Egypt Digital Transformation Company and Misr Capital and as a board member of Banque Misr Lebanon, Misr Insurance Holding Company, the Egyptian Banking Institute, EgyptAir Holding Company, the Information Technology Industry Development Agency (ITIDA), Africa 50, CI Capital, and Egypt Investment & Export Development Company. He is also a member of the American Chamber of Commerce (AmCham).

El Maghraby holds a Master’s in Business Administration and a Bachelor’s in Accounting & Finance from The American University in Cairo.