Executive Chairman
Executive Chairman
Board Member and Shareholder
Board Member and Shareholder
Board Member and Shareholder
Board Member Representing First Arabian Development & Investment
Board Member Representing Misr Life Insurance
Board Member and Shareholder
Board Member
Independent Board Member
Non-Executive Chairman
Mr. Abu Hendia is a board member and the legal counsel of First Arabian Development and Investment. He also serves on the Board of Information and Technology Services Co. and Delta Hotels and Tourism. Mr. Abu Hendia holds a Bachelors degree in Law from Ain Shams University.
Mr. Abu Hendia is a member of the Remuneration and Nomination Committee.
Vice Chairman
Mr. Kamel assumes the role of Vice Chairman after having previously served as ERC's Chief Executive Officer. Prior to joining ERC, he spent eight years with KATO Investment, one of Egypt’s largest and most diversified industrial and services conglomerates with over twenty subsidiaries in eight divisions operating in manufacturing, aerospace, tourism, real estate, construction, logistics, banking, and trading. Mr. Kamel assumed several roles in different divisions of KATO, including sales and marketing, operations and project management, business development, and finally group Vice President of Strategy at KATO Investment’s headquarters. While at KATO, he was instrumental in creating the first modern privately-held, bonded warehouse at Cairo International Airport, and managed the debt-raising process from European banks for the aerospace division. Mr. Kamel also worked as a consultant with Bain & Company in their London offices following his MBA. Mr. Kamel holds a Bachelors degree in Economics with high honors from the American University in Cairo and an MBA with distinction from Harvard Business School.
XMr. Hussein Abu Seida is a veteran of the real estate and hospitality industries, with a career spanning more than three decades that has seen occupy various positions in Egypt and the United States. Between 1996-2008, Mr. Abu Seida served as the Managing Director of Egyptian Resorts Company, after which he moved on to become the Chairman and Managing Director of the Sahl Hasheesh Touristic Investment Company. In the United States, he worked as an architect in Atlanta, Georgia and became the president and 40%-owner of Norcoss Investment Co. for Development. Presently, he heads the Egyptian American Consulting Office in Cairo and is a board member of the Egyptian Ministry of Tourism’s Tourism Development Authority (TDA).
Mr. Abu Seida holds a Bachelor’s degree in Architecture from Ain Shams University and a high graduate diploma in City Planning from Cairo University. He holds a PhD in Architecture and Urban Planning from Central Penn University in the United States.
XDr. Al Kholi is Chairman and CEO of First Arabian Development & Investment Company. He is also owner and CEO of the Al Kholi Group in Saudi Arabia, founding and leading four Class A companies. These companies hold subsidiaries in the Middle East, Europe and the US in many industries, including hotels and resorts, real estate development, construction, maintenance and operations, and information services and technology. Mr. Al Kholi holds a Bachelors degree in Pharmacy from King Saud University.
XDr. Tooma is the co-owner and board member of Premium International for Credit Services and a board member of the Orascom Investment Fund. He has served as a senior advisor to the Egyptian Capital Market Authority and advised leading companies such as Citadel Capital and Orascom Development Holding. Dr. Tooma is also a tenured professor of finance and management at the American University in Cairo.
Dr. Tooma holds a Bachelor’s degree in Business Administration from AUC and Adelphi University, and Master’s degrees in Finance and International Economics from Adelphi and Brandeis University. He also holds a PhD in Finance from Brandeis.
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