
Wael Hanafy is the Chief Financial Officer (CFO) of Telecom Egypt, a position he officially assumed in October 2024 after serving as acting CFO from July 2024. With over two decades of dedicated service at Telecom Egypt, Hanafy is a company veteran who has established himself as a pivotal figure in its financial landscape since joining in 2002.
As CFO, Hanafy is committed to steering the company toward continued financial stability and success while championing innovation and fostering a culture of accountability within the finance team.
Throughout his tenure, Hanafy has held several pivotal positions, most recently serving as the Senior Director of Financial Affairs prior to his appointment as CFO. His extensive experience encompasses a broad range of finance functions, including corporate finance, investment strategy, financial planning, and budgeting. Hanafy’s comprehensive knowledge and hands-on approach have enabled him to successfully manage complex mergers and acquisitions, ensuring thorough due diligence and fostering robust relationships with investors, operators, and vendors.
From 2022 to 2024, Hanafy concurrently led the Investor Relations function at the company, where he was instrumental in enhancing communication and building trust with stakeholders. His ability to convey the company's financial health and strategic vision played a crucial role in attracting investment and maintaining strong investor confidence.
Hanafy is a Certified Management Accountant (CMA) and holds a Bachelor of Commerce degree from Helwan University.