Cairo, Egypt, September 2025 – Ahmed Mokhtar Selim has taken on a new leadership role as Chief Risk Officer at ADI Microfinance – Arzak, the microfinance arm of Abu Dhabi Islamic Bank – Egypt. In this strategic capacity, Ahmed will be responsible for driving the company’s enterprise risk strategy, aligning with Shariah-compliant financing models and Egypt’s evolving regulatory standards to support sustainable financial inclusion.
Prior to joining Arzak, Ahmed served as Chief Risk Officer at Noqood Holding for over a year and a half. At Noqood, he led integrated risk management initiatives across financial services, guiding the organization through dynamic market conditions and reinforcing compliance with national and international risk governance frameworks.
Before his tenure at Noqood, he was SMEs Risk Head at AUR Capital – Private Equity House of Egypt, where he played a critical role in structuring risk frameworks for SME lending portfolios and optimizing risk-adjusted returns in Egypt’s private equity and lending landscape.
Earlier, Ahmed worked as a Senior Risk Manager at EGbank for nearly three years. His work contributed to strengthening the bank’s credit risk assessment models and ensuring robust risk mitigation across lending operations, especially during times of financial uncertainty.
Ahmed also spent close to five years as Senior Credit Analyst at Abu Dhabi Commercial Bank, where he gained deep expertise in portfolio risk, credit evaluation, and structured finance. His earlier professional journey includes operational and payroll roles at organizations such as the Ministry of Transport – Egypt, Credit Agricole Egypt, SMC, and Orange, giving him a well-rounded view of finance and operations management in both public and private sectors.
About ADI Microfinance – Arzak
Arzak, a subsidiary of Abu Dhabi Islamic Bank – Egypt, is a licensed microfinance institution (License No. 23/2023) specializing in Shariah-compliant financial solutions such as Musharakah and Murabaha. The organization focuses on promoting financial inclusion by empowering micro-entrepreneurs, supporting small business sustainability, and integrating informal economic activities into Egypt’s formal economy. Arzak operates under the oversight of the Financial Regulatory Authority (FRA) and complies with Law No. 141 of 2014 and its amendments, which govern microfinance practices in Egypt. Committed to social impact, Arzak aims to fuel national economic development by supporting the growth of vital microenterprises.
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