The Egyptian Central Securities Depository (ECSD) is the Government's arm that is responsible for the Depository, Registry & Settlement of Governmental Financial Instruments. ECSD has been established in 2021 as an Egyptian joint-stock company pursuant to the provisions of Capital Market Law 95 for year 1992 and Central Depository & Registry Law 143 for year 2020, amending law number 93 for year 2000. ECSD has an authorized capital of EGP One Billion, issued & paid-up capital of EGP 100 Million, with following shareholding structure : • Central Bank of Egypt (CBE) 70% • Ministry of Finance (MOF) 30% ECSD’s main objective is to manage the depository, settlement and clearing operations for all government debt instruments through a unified legal entity, to be in-line with international practices. ECSD is licensed from the Financial Regulatory Authority (FRA). Board of Directors : ============= Mr. Rami Abulnaga, Non-Executive Chairman, representing Central Bank of Egypt Mr. Yasser Zaazaa, Managing Director & CEO, representing CBE Mr. Tamer Eldakak, Non-Executive Board Member, representing CBE Mr. Ehab Nasr, Non-Executive Board Member, representing CBE Ms. Zakeya Ibrahim, Non-Executive Board Member, representing CBE Mr. Ahmed Kouchouk, Non-Executive Board Member, representing Ministry of Finance Ms. Nevine Mansour, Non-Executive Board Member, representing Ministry of Finance Mr. Mohamed Youssef, Independent Board Member TBA, Independent Board Member Management Team : ============= Mr. Yasser Zaazaa, Managing Director (Chief Executive Officer) Mr. Tamer Bondok, Chief Compliance Officer Mr. Mahmoud Darwish, Chief Financial Officer Mr. Tarek Khorshid, Head of Operations Mr. Ahmed Marzouk, Head of International Relations & CRM Mr. Ali Galal, Head of Investment Mr. Abdel-Rahman Salah, Head of Taxation Mr. Ahmed Makram, Head of Accounting Mr. Ihab Atef, Head of Settlement Mr. Shady Anwar, Head of Corporate Actions Mr. Ahmed Khorshed, Settlement Manager