CEO and Managing Director - Raya Holding
Mr. Ahmed Khalil currently serves as Raya Holding’s CEO and Managing Director. He brings in nearly 16 years of experience across the fields of sales, marketing and business development. Khalil gained extensive retail experience from running the family business, where he managed and developed a home-grown retail chain of fashion apparel stores.
After an intensive exposure with Microsoft Egypt, Mr. Khalil took the helm across Raya’ s recycling, food & beverage and real estate sectors where he developed the group’s recycling platform and then successfully established Raya F&B platform and expanded its principal chain, Ovio, into becoming one of Egypt’s most recognized dining options. In addition, he spearheaded the development and operation of Raya Smart Buildings and its flagship facility, Galleria 40, into becoming one of Cairo’s premier commercial developments.
Mr. Khalil graduated from the American University in Cairo in 2005 with a B.A. in Business Administration with a dual concentration in Finance and Marketing. Furthermore, he attained an MBA from Harvard Business School in 2012 with a focus in Corporate Finance and Real Estate.
Mr. Khalil has been serving on the board of Raya Holding since 2008 as well as previous membership of the boards of several leading companies such as Fawry and Rameda Pharmaceuticals. Mr. Khalil continues to serve on the boards of all of the group’s portfolio companies in addition to the Supervisory Board of Makarony Polski, the leading pasta manufacturer listed on Warsaw’s stock exchange.
CFO - Raya Holding
Hossam Hussein currently serves as the Chief Financial Officer of Raya Holding for Financial Investments where he is responsible for investment management, investor relations, business planning, tax administration and financial management. Additionally, his duties include monitoring the performance of all the companies in the Group in terms of performance indicators, the extent of achieving the objectives of the company and its future plan Hossam joined Raya Holding Group of Companies in 1999 where he has held several positions including: Treasurer and Credit Controller Manager for Raya Holding and Financial Manager of Raya Algeria. Hussein played a key role in the team that oversaw the IPO of Raya Holding in the Egyptian Stock Exchange in 2005.
Hossam possesses 23 years of experience in financial management, short and long-term loan and financing, as well as the interpretation and analysis of financial data, cash management, investments, long-term financial planning, budget planning and overall coordination of corporate investment decisions and strategy. During this period, he had also served as a board member for most of Raya Holding's subsidiaries.
Hossam holds a Bachelor of Commerce from Cairo University in 1995, an MBA from the Arab Academy for Banking and Financial Sciences and a certificate from the International Finance Institute (US Treasury) in international finance, cash management and modern derivatives. Furthermore, Hussein is a graduate of the Advanced Management Program (AMP) at Harvard Business School in 2018.
Chief Human Resources and Corporate Services Officer – Raya Holdingkeyboard_arrow_right
Chief Human Resources and Corporate Services Officer – Raya Holding
Hazem Abdelhady is Raya Holding’s Chief Human Resources and Corporate Services Officer. Abdelhady joined Raya Holding in 2012 with 20 years of experience across the Banking and Hospitality sectors with a knowledge, experience and exposure spanning Egypt and Africa. In 2005, amid the start of the banking sector reform, Abdelhady managed the Central Bank of Egypt and The United Bank Human Resources modernization initiative. Prior to that, Abdelhady’s work experience includes serving as the Human Resources Director of Four Seasons Hotels & Resorts in Egypt, Regional Director of Training at Accor Hotels in Egypt and as Director of The Hilton Africa Training Center in Kenya.
Abdelhady holds a Bachelor’s of Science (B.Sc.) in Hotel Management and a Masters of Public Administration (MPA) from the American University in Cairo.
CEO - Aman for E-Payments
Mohamed Wahby currently serves as the CEO of AMAN E-Payments, a leading FINTECH Company that pledges a better quality of life to people through convenient, easy and available e-payment solutions. Prior to his role in AMAN, Wahby was the CEO of Raya Social Media, one of the newest subsidiaries of Raya Holding. Since its inception in 2011, Raya Social Media launched nassya.com, the first hyper-local social network in Egypt and the Arab world. Prior to Raya, Wahby spent all of his professional career in the ICT sector in Egypt, working for distinguished companies including Microsoft, IBM, The Bank of Nova Scotia and others in various positions including technology management, audience, and product marketing, and product development.
Under Wahby’s leadership, AMAN aspires to become the leading FINTECH Company in the region and envisions an ultimate Egyptian cash-less society with full financial inclusion, previously unattainable segments of Egypt’s population.
Wahby holds a Bachelor’s Degree in Engineering from Ain Shams University and a Master’s in Computer Science from the University of Louisville. Wahby also holds an MBA from RITI, Maastricht School of Management in addition to graduating from the Advanced Management Program (AMP) at the Harvard Business School.
CEO - Aman Financial Services And Aman Microfinance
Hazem Moghazi currently serves as CEO for both Aman Financial Services and Aman Microfinance which he helped found in 2017 and 2018 respectively. He had joined Raya Trade, previously known as Protech, in 1999. Moghazi started his career at Raya as a network administrator in the Information Technology function, excelling and developing IT Systems and automation for the whole business. Moghazi’s achievements led him to becoming the IT Director of the Trade line of business. By 2010, he had assumed the responsibilities of Logistics Head in addition to the IT function implementing automation and development across the various logistics functions. By 2013, Moghazi was appointed as the Retail Director, wherein he introduced the mega-store concept as well as the installments concept. In addition, Moghazi played a crucial role in growing the number of stores to 100 stores including the franchise ones, leading to excellent financial results in terms of revenues and profits.
Hazem Moghazi graduated in 1997 from the Faculty of Engineering in Ain Shams University and obtained a Master’s in Business Administration MBA from RITI in 2010 along with completing the Advanced Management Diploma from Harvard Business School of Management.
CEO - Haier Raya Electric
Usama Zaki was appointed BariQ CEO in September 2014. With a career that started in Alcatel Italy as a Telecom System Engineer and then joining the international leader group in the implementation of integrated transport and Metro systems, Ansaldo STS, Zaki was covering most of the projects phases from the conceptual and detailed design, installation, commissioning & startup to the operation and maintenance phase. Zaki has worked on several challenging projects such as Copenhagen Driverless Metro in Denmark, Dublin Light Rail Transit in Ireland, and Bresica Metro in Italy.
Zaki as well has assumed the position of the O&M Manager-Telecom system for the CPH metro. Zaki in 2005 has started his career with Raya and has become the maintenance director for five years where he and his great team succeeded to position Raya Maintenance as the leading consumer electronics after sales service provided in Egypt, the Middle East and Africa.
Tamer Badrawi currently serves as CEO of Ostool after having joined Raya in 2010 as the Director of Business Development. Prior to joining Raya, Badrawi worked at MAC, one of the factories of Oriental Weaver Group and had assumed the role of Senior Export Manager and was responsible for the European and Russian market. In 2001, Badrawi founded C3, Egypt’s first outsource call center, where he assumed the role of Founding Partner and Managing Director until the company was sold to Raya in 2009.
Badrawi graduated in 1995 from the American University in Cairo with a Bachelor’s Degree in Management and Construction Engineering.
CEO - Raya Customer Experience
Ahmed Refky currently serves as the CEO of Raya Customer Experience with a proven track record in guiding successful businesses by providing strategic vision, and enterprise leadership.
Previously, Refky was Managing Partner and Co-Founder of Planovate, a Florida based consulting practice, specializing in management and business turnarounds, startups, growth management, global expansions, Information Management, and business process outsourcing. Prior to that, he served as the Managing Partner and Co-Founder of Nutri Selections, specialized in sourcing premium quality private label food and beverages products to the U.S. Market. Refky managed to create “THE FRUIT JUICE” brand, and successfully penetrated several geographic locations nationwide.
Additionally, Refky was the Country Manager of Convergys in Egypt, setting up their new subsidiary. Before joining Convergys, he served as the Senior Vice President and a founding member of Xceed, a global BPO service provider. For a decade, and since its inception, Refky was responsible for defining and leading the implementation of Xceed's vision and strategy. His efforts allowed the company to exploit new geographic markets and verticals, witnessing more than 50% annual growth since its inception, soaring to be among the global 100 players in 2009 and 2010. He played a key role in pulling force to the whole call center/BPO industry in Egypt and helped position Egypt as one of the top destinations in the BPO industry. Prior to joining Xceed, he was the Regional IT Director and a member of the Global IS Steering Committee for ABB, a global leader in power and automation technologies.
Refky is known for his revenue and profitability growth abilities, as well as his versatility in starting up and turning around businesses in different industries. His strong business experience has equipped him to run businesses globally across different cultures. Refky is a dynamic, innovative, results-driven leader with a strong track record of performance in turnaround and high-paced global organizations. He has a great ability to advise, coach, shape strategies, and lead teams to achieve results by utilizing keen analysis, insights and team approach to drive organizational improvements. He possesses superior interpersonal skills, is capable of resolving multiple complex issues and motivating teams to peak performance.
Ahmed Refky holds a B.Sc. degree in Computer and Automatic Control along with continuing education across several institutes including the International Institute for Management Development (IMD), in Lausanne, Switzerland.
CEO -Raya Foods
Omar Abdel Aziz has been serving as The Chief Executive Officer of Raya Foods since June 2019. Prior to that, Omar had been serving as the Chief Commercial Officer for Raya Foods where he oversaw the growth of the company’s product portfolio as well as its expansion across various export markets. He joined Raya Holding in 2016 as a Senior Business Development Manager where he spearheaded the company’s acquisition of the International Union for Integrated Food Industries’ factory in Sadat City and its rehabilitation. Abdel Aziz has also served at ABB as a Business Development Manager and as a Senior Management Consultant with Deloitte after a stint with the Central Bank of Egypt as Senior Investment Associate.
Abdel Aziz holds an MBA in Strategy from Georgetown University’s McDonough School of Business as well as a Bachelor of Science in Construction Engineering from the American University in Cairo.
Hesham Abdel Rassoul
CEO - Raya Information Technology
Hesham Abdel Rassoul is the current CEO of Raya Information Technology (IT) where he has an instrumental role in leading this line of business to provide the ideal mix of technology solutions to meet the unique requirements of business operations. Abdel Rassoul joined Raya in 1998 and held the position of Raya Integrations’ General Manager and Director of Infrastructure until September 2007. With his strong track record, he developed a high caliber team that was responsible for designing and implementing solutions for all the Infrastructure projects.
Abdel Rassoul graduated from the faculty of Engineering at Ain Shams University majoring in Telecommunications and is a member of the AmCham and BEBA associations.
CEO - Raya FMCG
Gamal Hussein is the current CEO of Raya FMCG, a subsidiary of Raya Holding. Hussein joined Raya 21 years ago as Operations Manager. During this period, Hussein held senior positions in different areas in Raya such as Retail and Customer Care Manager, Marketing Manager, Logistics and Administration Director and Business Development Director across different LOBs in different industries such as IT, telecommunications and retail. Prior to that, Hussein’s work experience includes several positions in companies such as Nestle, Jemma Group (Ezz Group), Maghrabi Group and GMC Group.
Hussein holds an MBA from Maastricht University – Netherlands.
Hussein is a member in some organizations such as Who and Middle East Retail Academy.
CEO - Raya Restaurants
Karim Khalife is the current CEO of Raya Restaurants with a long history of entrepreneurship and involvement in the hospitality field. With more than 20 years of experience across various industry leaders, Khalife worked in every facet of the hospitality sector. His career encompasses managerial and executive positions with InterContinental Hotels Group (IHG), International Restaurants Group (IRG), and Watheeqa Investment Company (WIC). He has excelled by focusing on key areas of expertise: selection and finalization of business concept, strategic management, due diligence and hospitality contract management, business expansions, mergers & acquisitions, manpower, recruitment, coaching, organizational restructuring etc.
Khalife has he been a key contributor to the initiation, launching and success of several hotels and restaurants in Africa and the Middle East. He has also founded and managed the Cairo-based catering concept Kitchen Moves which targets corporations, schools and individuals, with a service offering ranging from managing cafeterias, to executive coffee breaks, lunches, dinners as well as private events.
Khalife offered consulting services to startups, companies and investors, helping them in (1) setting up and developing their businesses in the fields of hotels, restaurants and retail; (2) identifying investment opportunities, while creating high quality financial models to translate conceptual business models into profit-making businesses; and (3) developing brands with a view to penetrate the Middle Eastern and African markets. As such, Khalife has developed an excellent awareness of the business ecosystem and an exceptional ability to think global while acting with an understanding of the region’s specifics.
Staying true to his culture of entrepreneurship and leadership, Karim seeks to achieve, motivate, inspire and share his skills, knowledge and experience through offering mentoring sessions to startups.
Khalife holds a Master’s in Business Administration (MBA) from the Universities of Paris Dauphine and Paris 1 Panthéon-Sorbonne in France. He had graduated from the Glion Hotel School in Switzerland with a Bachelor of Science (BSc) in Hospitality and Tourism Management as well as holding a BSc in Hospitality Management from the University of Wales in England.
Karim is an active member in several organizations such as serving as a Board Member of the Egyptian Lebanese Businessmen Association in Egypt where he has played a prominent role as Event Organizer and Keynote Speaker.
CEO – Raya Smart Buildings
Ahmed Ibrahim currently serves as CEO of Raya Smart Buildings with over 20 years of progressive experience in the roles of Finance Director, COO and CEO. Ibrahim began his career in the distribution industry before moving to Raya Trade at the time when it was expanding rapidly across Egypt and Nigeria. Afterwards, he accepted a new challenge in the Business Process Outsourcing (BPO) industry by joining Raya Contact Center where he spent almost three successful years in restructuring the finance department. Later, Ibrahim was part of the Raya Restaurants team that created one of Raya’s leading brands ‘Ovio’ that currently competes with international F&B brands.
Ibrahim possesses wealth of experience in hands-on review of operational and financial data, identifying opportunities to improve both revenue and profit, and implement the changes to achieve real results. Ibrahim has been responsible for finance department reorganization and improvement, short/long term financial and business planning, comprehensive budgeting and cash flow modelling, operational and financial reporting, banking and treasury, capital venture and private equity for small and medium business, IT implementation and management, optimizing multi-site operations, and managing different hubs. In addition to his financial skills, Ibrahim has extensive management experience and skills including staff team building, management communication, and board and investor relation.
Ibrahim holds a Bachelor of Commerce from Ain Shams University in 1999. Additionally he holds a Master Degree in Business Administration from ESLSCA Business School. Ibrahim is also a chartered accountant with a CMA designation since 2010.
CEO - Raya Trade
Bassem Megahed currently serves as the CEO of Raya Trade. He joined Raya in 2001 while the company was expanding rapidly across Egypt and regionally as well. Megahed grew rapidly within Raya across various accounting functions while excelling and developing plans and strategies that achieve seamless processes. By 2003, he had become an accomplished accounting manager and his work was extended to the rest of the financial function. His sharp financial vision and dynamic style soundly supported Raya Trade’s rapid growth and was an asset to the corporate finance function as a whole. By 2007, Megahed was chosen as the Director Head of Finance at Raya Trade, where he has since continued as a key player in the critical preparation of short and long-term financial plans and forecasts, analyzing and reporting the financial performance of Raya Trade to the management and Board of Directors.
Bassem Megahed graduated in 1996 from the Faculty of Commerce in Cairo University and holds the General Management Diploma from Harvard Business School of Management.
Mohamed El Naggar
CEO - Raya Auto
Mohamed El Naggar has been serving as the CEO of Raya Advanced Manufacturing since November 2019. With a 15 year proven track record in growing different lines of businesses across Raya Group. El Naggar has been one of the main pillars that shaped the business of Raya Contact Center (RCC), where he led the company to penetrate new markets across EMEA and signed multiple agreements with strategic global customers. In 2011, he had acquired the responsibility of leading different sectors in Raya IT sales organization where he managed to grow the business to new records and position Raya IT as the preferred partner for digital transformation.
El Naggar’s achievements were evident in every position he held. His contribution to commercial growth and development of different strategies to build a sustainable business across different LOBs has been an essential aspect of Raya’s success.
El Naggar holds a Bachelor’s Degree in Business Administration from Misr International University, along with a Master’s in International Trade from the University of Wales and a Leadership Diploma from London Business School (LBS). In 2020, El Naggar graduated from Harvard Business School after completing the General Management Program (GMP).