Mubasher: Al-Futtaim, one of the most diversified and progressive, appointed Tarek Tantawy as the CEO of Al-Futtaim Egypt, effective from 15 January 2026.

In his role, Tantawy will lead Al-Futtaim’s operating model in Egypt, capital allocation, with a consistent focus on customers, partners, and national stakeholders, according to a press release.

Tantawy highlighted: “Aligning our businesses behind a clear country strategy and strengthening execution discipline will be essential to unlocking value through collaboration across the portfolio.”

David Henderson, Chief Human Resources Officer at Al-Futtaim, said: “As the group’s presence in Egypt continues to grow, the appointment of a single country CEO reinforces portfolio-level accountability and enables disciplined capital deployment and consistent execution across the platform.”

Tantawy brings over 27 years of leadership experience across multiple sectors, with expertise spanning strategy, operations, finance, and executive management.

Most recently, he served as Group Co-CEO and Managing Director at Palm Hills Developments, where he drove operational performance and strategic expansion.

Previously, he held the position of CEO & Managing Director at Telecom Egypt and Group Co-CEO & Managing Director of CI Capital Holding, and served as CFO at IDJ-Beyti.

This is in addition to several board appointments across non-bank financial services, telecommunications & technology, higher education, real estate development and fast-moving consumer goods.