Essam Morsy

Board Member

Mr. Essam has over 30 years of experience in the banking industry in Egypt. He is currently Head of Large Corporate Credit Sector and Syndicated Loans in the Industrial Development Bank since September 2014 till now. Noting that he was managing both Medium and Large Corporate Credit Sectors until the two sectors separated in 2019.

He has a long track record with IDB ina Credit Sector starting from 1990 as a credit officer following his graduation from Ain Shams University, Bachelor of Commerce. He gradually promoted through years to Credit Assistant Manager (2003) and then Head of Large Corporate Credit Sector and Syndicated Loans (2014).

Throughout his career, Mr. Essam has maintained close relationships with major corporate and financial institutions in Egypt such as Medical Union Pharmaceuticals (MUP), Credit Guarantee Company (CGC), Miser Sinai Tours, .. etc.

He was a board member in Credit Guarantee Company in 2005, Miser Sinai Tours 2008:2009 and Medical Union Pharmaceuticals (MUP) 2011-2019.

Mr. Essam was also selected by the Central Bank of Egypt as a member in the credit committee assigned to finalize the merge of Workers Bank in order to assess credit files and segregate them regular or irregular, decide provisions needed and set strategy for each file in 2008.

Through his years in IDB, Mr. Essam has been member in many committees such as the Main Credit committee, Asset and Liability Committee, and Investment Committee.