Basic HTML Version
2012 ANNUAL REPORT
42
Executive Committee
of American Express Bank (Egyptian
American Bank’s major shareholder) and
was a member of major committees.
Mr. Ghassan Kabbani
Chief Operating Officer of Two- and
Three-Wheelers
Mr. Ghassan Kabbani brings more than
30 years’ experience to GB Auto. He first
worked in the family textile business
from 1980 through 1994, when he left to
join T.E.S. sheet metal. In 1996, together
with Dr. Ghabbour and other partners,
he established CITI (a 2- and 3-Wheeler
company). In 2007 CITI merged with GB
Auto, at which time Mr. Kabbani joined
the company. Mr. Kabbani graduated
from AUC in 1979 with a BA in Econom-
ics and Business Administration.
Mr. Kamal Fahmy
Tires Director
Mr. Kamal Fahmy joined GB Auto in
2008 as part of the team working to grow
the Tires line of business, as well as man-
aging the company’s transport, public and
cargo operations. Mr. Fahmy has been key
in taking the company’s Tires opera-
tions regional, with activities now in five
countries, and a greatly expanded brand
and product offering. Mr. Fahmy holds
a Bachelor’s degree from the American
University in Cairo.
Mr. Khaled Kandil
Chief Operating Officer, Hyundai
Motor Corp
Mr. Khaled Kandil joined GB Auto from
ExxonMobil, where he was most recently
Vice-Chairman of ExxonMobil Egypt and
Managing Director of ExxonMobil Lubri-
cants and Specialties covering operations
in North and East Africa. His service to
ExxonMobil included secondment to the
company’s corporate headquarters, during
which time he participated in the merger
between the Exxon and Mobil corpora-
tions. He participated in a number of
market entry and exit projects in South
America, South East Asia and Africa. In
1998, Kandil was assigned by the corpora-
tion’s CEO to become a member of a
global leadership team. A 32-year veteran
of the oil and gas industry, in 1996 he
headed a business reengineering project
for the company’s Egyptian operations
after which he led the implementation
of Mobil Lubricants’ integrated business
strategy. This strategy saw the company
become the market leader in less than one
year, after being traditionally the third-
ranked market player.
Mrs. Menatalla Sadek
Director of Corporate Finance and
Investments
Mrs. Menatalla Sadek joined GB Auto
in December 2011 to lead the crea-
tion of an in-house corporate finance
department to screen, initiate and con-
clude merger and acquisition transac-
tions as part of the company’s growth
strategy. Mrs. Sadek is also directing
the firm’s investor relations activi-
ties. She is a member of the company’s
Executive Committee and a regular
attendee of the firm’s board meetings.
Mrs. Sadek brings with her more than
a decade of experience in the invest-
ment field in Egypt and Europe. She
was head of consumer goods research
at regional investment bank Beltone
Financial, where she was part of the
team that helped take GB Auto public.
Previously, she was in Sweden with
Standard & Poor’s European Rating
Team, and was earlier Assistant Corpo-
rate Manager at Barclays Bank. Sadek is
a CFA Charterholder.
Mr. Mostafa El Mahdi
Chief Financial Officer
Mr. Mostafa El Mahdi brings to GB Auto
22 years of experience at KPMG, where
he joined in 1990 before being promoted
to Partner in 2001. While there, he was
Head of the Manufacturing and Con-
sumer Market line of business and the
Responsible Partner for Audit Efficiency.
Mr. El Mahdi has also worked as Chief
Internal Auditor and Advisor to the Presi-
dent of the Board of Directors for IGI.
He has extensive experience in restruc-
turing projects and transaction services,
including due diligence and mergers &
acquisitions. Mr. El Mahdi holds a Bach-
elor of Commerce degree with a focus in
Accounting from Cairo University and
is a Fellow of the Egyptian Society of Ac-
countants and Auditors, as well as a Mem-
ber of the American Institute of Accounts
and Auditors.