Adnan Kazim has been named as its new chairman in line with regulatory requirements
Jamal Bin Theniyah will replace Alabbar as chairman, while the latter will assume the role of managing director
The stock fell as much as 10 per cent to trade at EGP60.10 pounds before paring the decline to 7.2 per cent at close
Remy Ejel, who has been with the company for over 20 years, has been appointed to the role
Alabbar said new business cards issued to employees will simply state their name with the department
Perramond replaces Damas’ first female CEO, Asil Attar, who was appointed to the role in February last year
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