CI Capital Holding has appointed Karim Badr as Chief Executive Officer of its private equity subsidiary, CI Capital PE for Fund Management & Investment (CIPE). With over a decade of experience in the finance industry, he led companies like SIGMA Capital Holding, Barclays, Qalaa Holdings, GE Power, Orascom Investment Holding, and more. This appointment highlights CI Capital’s commitment to expanding the investment, along with reinforcing its regional position.

In his new role at CIPE, he will lead the strategic development of the company’s fund-management business and support CI Capital’s ambition to drive sustainable growth, diversified revenue streams and regional market leadership.

‏“The appointment of Karim Badr as CEO Private Equity marks a natural progression in CI Capital’s growth journey and a pivotal step in expanding our presence in the region’s private markets. CI Capital boasts one of the most diversified financial services platforms in Egypt, and we remain committed to strengthening our local and regional footprint while continuing to diversify our business model to meet the needs of a broader investor base,” said Hesham Gohar, CEO of CI Capital Group.