Cairo, 18th November 2024; MCDR's General Assembly approved the appointment of its new Board of Directors for the next three-years term (2024-2027), after fulfilling the legal quorum, in accordance with the decision of the Financial Regulatory Authority No. 136 of 2024. The GA's decision appointed Dr. Khaled Serry Seyam as Chairman of the Board and Eng. Hesham Mabrouk as Managing Director. The new board sees Mr. Ahmed Abdul Rahman El Sheikh, representing the Egyptian Exchange, along with Mr. Mohamed Farouk Masoud and Mr. Mostafa Ibrahim Hussein, representing Brokerage Firms; Mr. Mohamed Ali Mahmoud Leha and Mr. Amr Mostafa Ali Mostafa, representing Custodians; and Mr. Ibrahim Sarhan, representing companies whose shares are registered on the Central Depository. In addition to independent members with expertise: Ms. Ola Mousa Al-Mandouh, Ms. Sally Refaat El-Sayed, and Mr. Ashraf Mohamed Bahey El Din. MCDR called for its general assembly to convene on Monday, November 18th, 2024, at the Helnan Landmark Hotel in New Cairo. The session commenced with an acknowledgement of the validity of the meeting fulfilling the legal quorum, with attendance exceeding 30%. MCDR is the sole entity responsible for settlement and clearing operations for securities, acting as the central securities depository. It manages the deposit and custody of securities, executes transactions on behalf of issuing entities, and is entrusted for establishing the Central Registry System in accordance with Law No. 93 of 2000.