Mahmoud Attalla is CI Capital’s Chairman and Group Chief Executive Officer; since joining the firm in mid- 2011, Attalla’s leadership efforts along with CI Capital team have been instrumental in transforming the franchise into a full-fledged financial services group serving the expansion of both arms, the investment bank and the non-banking financial services platform.
Attalla and the team built transformational achievements that include placing CI Capital’s Investment Banking arm as the #1 ranked advisor in Egypt in addition to being recognized as the “Best Investment Bank in Egypt” by EMEA Finance for four years running from 2013-2016.
The team’s efforts backed the Securities Brokerage business to become one of the leading brokerage franchises in Egypt as well as growing our Research coverage capacity across 6 markets in the MENA region and expanded coverage to reach more than 90 stocks.
In addition, CI Capital’s Asset management business has also grown significantly to be one of Egypt’s largest asset managers and the team has constantly outperformed their peers in terms of returns and ranking.
Attalla spearheaded the inorganic growth of the franchise to include its non-banking financial services platform by acquiring a majority stake in both Corplease, Egypt’s leading financial leasing company and Reefy, the premier microfinance institution in Egypt.
Before joining CI Capital, Attalla had a long and successful banking career that goes back to 1977, where he spent 20 years in Arab African International Bank (AAIB), rising to become Deputy General Manager and Group Treasurer. His track record includes establishing and managing the first international dealing room at AAIB. He then joined as Managing Director at HSBC Investment Banking where he launched the first international securities brokerage house in Egypt, which he led to become the third-ranked firm in the business.
Attalla was later Vice Chairman of the General Authority for Investment and Free Zones (GAFI) from 2004 until 2007. At GAFI, he was responsible to promote Egypt as an investment hub which in turn witnessed a high growth rate of FDI during that period reaching USD11bn per annum.
In the field of voluntary work, Atalla established and chaired the Cairo FOREX Association (Forex Club) and he is its Honorary Chairman now. In addition to the position of Honorary Chairman of the INTERARAB CAMBIST Association (International Group Treasurer), Attallah participated, during his career tenure, in a number of training initiatives at HSBC London, UBS London, JPMorgan, Marine Midland Bank London and Merrill Lynch London.