Farouk El Okdah


Farouk Abd El Baky El Okdah was the Governor of the Central Bank of Egypt "CBE" from December 2003 to February 2013.

Academic Qualifications

- B.S. In Commerce Accounting Major from Ain Shams University 1965
- Master of Accounting from Cairo University in 1975
- Master of Business Administration from The Wharton School, University of Pennsylvania in 1981
- PhD. in Business and Applied Economics from The Wharton School, University of Pennsylvania

Managerial Positions

- Governor of the Central Bank of Egypt from December 2003 until February 2013.
- Chairman & Chief Executive Officer of the National Bank of Egypt from January 2003 until December 2003 in which he became the Governor of Central Bank of Egypt
- He acquired 19 years of banking experience from 1983 until 2002 working with Irving Trust Company
- New York which was acquired later by Bank of New York; where he has worked as Assistant Vice President for Middle East Division and as Vice President and Africa District Manager
- Dr. El Okdah was the Managing Director of The International Company for Leasing "IncoLease" from 1997 until 2002. He established IncoLease while working for Bank of New York
- In addition Dr. El Okdah worked as an instructor in Accounting and Finance for The Wharton School, University of Pennsylvania from 1978 until 1982
- in 1978, he was nominated by The Wharton School to serve as a consultant for The International Finance Corporation - The World Bank
- Dr. El Okdah has been a member of the Board of Directors of Egypt Air Holding Co. since 1998
- He served as an advisor to the Governor of the Central Bank of Egypt from 1998 to 2001 in the time of the Governor Ismail Hassan
- Dr. El Okdah used to be a member of the Board of Directors of the Egyptian Banking Federation
- He used to be a member of the Board of Directors and Treasurer of The Arab Bankers Association North America from 1987 until 1989

Previous Positions