FAB «Al Awal» Daily Cumulative Return Fund for Liquidity is re-opened now for subscription till the allowed limit is reached. To invest in the fund, please visit the nearest branch, hotline: 19977

February 10, 2020

Wael Wagih

Wael Wagih joined HC in 2002, managing assets invested in global debt markets and capital markets. He manages 2 money market funds for  Agriculture Bank of Egypt (ABE) “El-Hassad Al-Youmy” and First Abu Dhabi Bank (FAB) “Al-Awal.” Wael also manages a balanced fund for Crédit Agricole Egypt “Al-Thiqa”. He also manages the capital protected fund for FAB “Etme’nan.” 

Wael is responsible for developing fixed-income strategies in addition to managing the fixed-income portion for all the funds under the management of HC. He is a member of the investment committee and the investment risk management committee. Prior to HC, he worked for 9years at the Commercial International Bank treasury and dealing room, managing the bank’s debt securities portfolios, Eurobond and international corporate bond portfolios, as well as its equity trading portfolio.

Wael is the treasurer, board member, and member of the executive committee for ACI-Egypt (the Financial Markets Association-Egypt). He received his BA from the Faculty of Commerce and Business Administration (foreign trade), majoring in accounting, from Helwan University. He has completed a number of training programs at JP Morgan Chase Bank (London), Dresdner Bank (Frankfurt), and Crédit Agricole Indo-Suez (London). He has also completed the investment course provided by CIB, courses administered by the Institute for International Research, the Egyptian Capital Market Association, the Egyptian Banking Institute, and the Advanced Derivative Applications for Asset Managers from New York Institute of Finance. Wael also received a treasury management diploma from the Frankfurt School of Finance and Management. Wael Wagih is now a board member at Misr for Central Clearing Depository and Registry (MCDR)