Ahmed Askar Email & Phone Number

Egypt

• With 35 years of continuous success; MDP has played a key role in the region’s cards and payment processing industry and has contributed vastly to the growth of this sector by always leading on the innovation and.
• Reported to the Chairman and CEO.
• Led all financial activities, including Treasury operations and cash management, Financial Planning &Analysis, Reporting, Accounting, Costing, Consolidation, Working Capital Controlling, and Tax Planning.
• Led a challenging & successful implementing of SAP S/4HANA across all business functions.
• Rationalized the company short and long debts with banks and optimized lending costs.
• Presented the periodic financial results and operational performance to the BoD & Shareholders.

Egypt

• Established in 2014 and listed on the Egyptian Stock Exchange in 2016, Cleopatra Hospitals Group (CHG) is Egypt’s largest private healthcare group by number of hospital beds and number of operating hospitals. CHG was.
• Directly reported to the Managing Director.
• Led all financial activities, including Accounting, Costing, Financial Planning, WorkingCapital Management Controlling, Reporting, and Tax Planning.
• Prepared and presented the financial results and operational performance periodic results.
• Prepared and presented annual budgets and business rolling forecasts.
• Spearheaded the reconciliations and resolving of historical stagnant Accounts Receivable balances.

Kuwait

• Arabian Capital Investment and Finance Co. SAE (ACIFC), is member of Arabian Capital Holding Co. (Closed) ACH in Kuwait which is an Islamic Investment Company incorporated in State of Kuwait. ACH portfolio of.
• Directly reported to the Group CEO.
• Led all financial activities, including Accounting, Finance (Treasury, Trade Finance), Planning, Controlling, Consolidation, Reporting, Tax Planning on the Holding company and all its subsidiaries.
• Negotiated credit facilities for the group companies.
• Attended all periodic Executing Committee meetings, BoD’s and Shareholders’ meetings of all group companies and presented the quarterly results versus Budgets, Rolling Forecasts and Business Plans.

Egypt

• El Sewedy Electrometer Group (EMG) is a market leader in providing state of the art Metering solutions and Energy Management Services that are tailored to Manage Utilities Better. EMG is currently serving its customers.
• Directly reported to the Group CEO, to drive the implementation of the group strategic vision across all group companies, and to lead all global financial activities, including Accounting, Finance (Treasury, Trade.
• Hand in Hand with the Group CEO & Chairman Leading global negotiations with financial institutions & Banks and introducing our group new corporate profile, strategic alliances, industry trends and updates across the.
• Restructured the parent company debts with banks and renegotiated new stretched repayments schemes to give a relief to the company tight working capital.Successfully aligned all business stakeholders and division heads.
• Overhauled the Treasury activities and its inefficient & uncontrolled practices and brought state of the art and up-to date best practices to the whole Treasury function within the organization and group companies.
• Face-Lifted the Finance division financial & operational reports and introduced new periodic reports.

Al Khobar, Saudi Arabia

• Saudi Industrial Gases Co. CJSC (LINDE-SIGAS) is member of The Linde Group which is a world leading gases and engineering company with almost 48,000 employees working in more than 100 countries worldwide. It; was.
• Directly reported to the SUB Region Head of Finance & Controlling Middle East Office in UAE.
• Provided the CEO and senior management and other stakeholders with timely and accurate reporting on the state of the company and Divisional financial & operational performance, enabling them to make sound and timely.
• Attended to all BoD’s meetings and presented the quarterly results versus Budgets & forecasts.
• Prepared and evaluated business cases, feasibility studies and presentation to the Middle East SUB Region & Region Head of Finance & Controlling in Germany.
• Ensured compliance with the Linde Group reporting & internal control policies and systems and made various recommendations for improvements.

Al Khobar, Saudi Arabia

• United Electronics Company established its first premier Big Box retail brand eXtra into Saudi Arabia in 2003, to provide a complete shopping experience for consumer electronics and home appliances. eXtra offers a wide.
• Directly reported to the CFO, and was member of the Leadership team.
• Participated in the preparations and leadership of the company annual budget and forecasts.
• Designed the Year-End financial closing plans.
• Participated in the production of various historical financial reports for the IPO assessment phase.
• Introduced various optimizations and customized modules and reports on Oracle ERP systems within the Finance division to further facilitate the day to day handling and management of numerous transactions.

Muscat, Oman

• Muriya Tourism Development Company (MTDC) Member of Orascom Development Holding AG in Switzerland; was established in Oman in March 2006, as a joint venture between Egypt’s Orascom Hotels & Development (70%) and Omran.
• Reported to the CEO & Vice Chairman.
• Board Member of Al Sodah Tourism Development Co. SAOC
• Restructured the group finance department into Real Estate, Construction, and Corporate Sectors.
• Prepared projects’ feasibility studies and cash flow projections on the short & long term.
• Conducted high level strategic business plan for all of our tourism development projects in Oman.

Kuwait

• The Sultan Center, or TSC, is a dynamic organization based in Kuwait that incorporates a diverse portfolio of successful companies. TSC is publicly listed on the Kuwait Stock Exchange under the ticker “SULTAN”, and.
• Relocated to Egypt to head our expansion plans in Egypt, Sudan and North Africa.
• Reported to the Group Managing Director, Retail Managing Director.
• Conducted entry strategies, market researches and economic social indicators for the region.
• Established five legal entities for all our operations in the region.
• Responsible for identifying strategic mergers, acquisions, and joint venture opportunities within the region.

Amman, Jordan

• Safeway is a multi-million dollar pioneer retail company in Jordan, supplying the best quality of local and foreign imported products with high range of varieties. Safeway is specialized in Supermarket, Perishables and.
• Relocated from “The Sultan Center” – Sultanate of Oman.
• Reported to the Group CFO & Safeway Jordan COO.
• Strategic development & improvement: identifying, analyzing, interpreting and preparing evaluations on wide ranges of business scenarios and opportunities, & preparing financial & operational feasibility study models.
• Developed & implemented a vision and strategy for Finance, which is in line with the overall Company’s strategy and supports objectives of the business.
• Reviewed viability of new investment projects, potential acquisitions and divestments.

Muscat, Oman

• The Sultan Center (TSC) is the most successful retailer & FMCG company in Oman that started its operations in May 1999. The Sultan Center Oman is fully 100% owned by “The Sultan Center Food Products Co. KSC” in.
• Reported to the Group’s CFO in Kuwait & TSC’s COO in Oman.
• Prepared and analyze periodically Financial Statements.
• Anticipated in preparing the company business plans & its compilation with the company budgets.
• Anticipated in preparing and analysing the company annual budget.
• Established banks facilities with excellent communication skills with bank officers.

Cairo, Egypt

• EZZ Steel is the Middle East’s leading producer of high-quality long and flat steel for use in a wide range of end applications. Dependable products, made to customer and international specifications, combined with.
• Reported to the Accounting Manager, and Treasury Manager.
• Prepare & follow up Banks’ Daily Cash Flow Positions.
• Follow up banks’ maturities & loans’ instalments in due dates.
• Prepare letter of credits & Letters of guarantees with a master file for it to follow up its expiration.
• Reconcile trial balance accounts and prepare various financial and accounting analyses.

Cairo, Egypt

• Diamant Boart Middle East (DBME) member of “Souheil Najjar Investment Group (SNIG)” is a multinational establishment located in Egypt, United Arab Emirate, Syria, Lebanon, Jordan, Kingdom of Saudi Arabia, Yemen, and.
• Reported to the Financial Controller.
• Prepare monthly P&L, and balance sheet.
• Prepare monthly payroll.
• Auditing country’s monthly expenses.
• Prepare monthly bank reconciliations.

Cairo, Egypt

• IDSC is one of the most reputable Governmental Organization in Egypt, specialized in Information Technology Services and Decision Support for the Cabinet (Ministers’ Council). Summary of major responsibilities:
• Report to the Planning & Following Up Director.
• Responsible for the documentation of all IDSC’s historical and daily documents and information.
• Assist the P&F Director in following up the IDSC’s projects progress against set & budgeted targets.رئاسة مجلس الوزراء - مركز المعلومات و دعم اتخاذ القرار

Certified Director, Corporate Governance

Activities and Societies: Certified Directors Forum of Egypt CDFECertified Director from the Institutional Shareholder Services in the.

Good, Bachelor Of Commerce

• Degree: Bachelor of Commerce (B.Com) from Faculty of Commerce, Cairo University. • Major: Accounting • Graduation: May 1993 • Grade: Good