"Our strategy is developing strong long term relationships with our clients based on earned trust, credibility, and integrity. The goal I had when I started HC back in 1996 was to create a pre-eminent investment banking franchise that emphasizes high quality service, traditional values and strong client relationships. This approach has served us well and was a major factor in attracting the National Commercial Bank (NCB) as a strategic shareholder in the firm. Many years after its inception, the firm is now better positioned vis- à- vis its traditional competitors than at any other time in its history. Our strategy continues to be based on expanding our market share in investment banking, asset management, and securities brokerage.
As we look on to the future, we are excited about the opportunities that our position in the regional markets provides. The strength of our franchise in the Middle Eastern capital markets is firmly established. Going forward, we shall attempt to grow this franchise throughout the region to offer a balanced mix of complementary services to our clients. We shall compete on the basis of quality in serving our clients and developing strong long-term relationships with them based on earned trust, credibility, and integrity. We will continue to invest, build, and enhance our franchise in the MENA region. We believe that it is this franchise, including both our reputation and our people, that creates exceptional returns to shareholders over the long term."
Hussein Choucri is the Chairman and Managing Director of HC Securities & Investment. Mr. Choucri has led HC Securities and Investment to be one of the most renowned financial institutions in the MENA region with operations in Egypt and the UAE.Mr. Choucri joined Morgan Stanley in New York in 1980 and was Managing Director from 1987 till 1993, and Advisory Director until December 2007. He was responsible for business activities in the emerging markets of the Middle East and the Indian Subcontinent.He was involved in a variety of privatization projects in Turkey, India and Argentina. In addition, Mr. Choucri undertook a number of advisory services for clients of Morgan Stanley inside and outside of the U.S.A. Prior to joining Morgan Stanley; He worked with the Abu Dhabi Investment Company and participated in arranging several Euroloan and Eurobond financings for sovereigns and private sector companies.Mr. Choucri is a Board Member of the Holding Company for Tourism and Cinema (HOTAC), edita Food Industries, the Integrated Diagnostics Holdings (IDH), and the Egyptian British Business Council (EBBC). Mr. Choucri is also the Chairman of Board of Trustees of Shefaa Charity Foundation.He received a Management Diploma from the American University in Cairo in 1978 and his B.A. from the Faculty of Commerce, Ain Shams University in 1972.