Sunday, August 4, 2013

Reuters: Regulatory News: CORRECTED-Former Egypt stock exchange chief to reassume post

Reuters: Regulatory News
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CORRECTED-Former Egypt stock exchange chief to reassume post
Aug 4th 2013, 18:20

Sun Aug 4, 2013 2:20pm EDT

CAIRO Aug 4 (Reuters) - The Egyptian stock exchange chairman, who left the post on June 30 when his term ended, will be reappointed, a government official said on Sunday.

Speaking on condition of anonymity, the official said Prime Minister Hazem el-Beblawi, head of the army-installed interim government, would sign the order reappointing Mohamed Omran on Monday.

Beblawi's administration also named Sherif Sami - a member of the board of the General Authority for Investment - as the head of the Egyptian Financial Services Authority, the official said.

The government of deposed President Mohamed Mursi had named a new stock exchange chairman but he never assumed the post.

Mursi was deposed on July 3 following mass protests against his rule. (Reporting by Ehab Farouk; Writing by Tom Perry; Editing by Louise Ireland)

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