Shawkat El Maraghy wins a seat in the “Investor Protection Fund” board
November 4th, 2014 – Seif El Din Awani – Managing Director at Wedyan & Shawkat El Maraghy, Managing Director at HC won in the investor protection fund elections.
The investor protection fund election’s commission has declared that Seif El Din Awani – Managing Director at Wedyan & Shawkat El Maraghy, Managing Director at HC won the Brokerage seats. The elections took place with the attendance of 154 brokerage firms, where valid votes reached 154 and the invalid votes were 8. Seif El Din Awani obtained 88 votes and Shawkat El Maraghy won by 78 votes
El Maraghy stated that he intents to work on re-studying the laws governing the fund, in addition, he assured that he is ready to receive any suggestions from all the dealers in the market to develop the funds work, stating : “My office is opened for everyone”