Hafez & Partners

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Dr. Ahmed Saad Joins Hafez & Partners in Its Capital Markets Practice

Dr. Ahmed Saad, veteran in the capital markets and non-banking financial activities in the Middle East and Africa and one of the most influential financial advisors in Egypt, has joined Hafez & Partners Law Firm as Executive Director, heading the Capital Markets.

With a career furnished with accolades and positions of leadership, supervisory and advisory roles, Dr. Saad previously served as Executive Chairman and Deputy Chairman of the Board of Directors of the Capital Market Authority (replaced by the Financial Regulatory Authority ‘FRA’), the Chief Counselor of the FRA, the Chairman of the Board of the Civil Aviation Finance Holding Company (CIAF Holding), and the Chairman of the Egyptian Accountancy Standards Review Committee and the Egyptian Auditing Standards for Review, board member at the Central Bank of Egypt (CBE), the Anti-Money Laundering Unit, the Egyptian Stock Exchange (EGX), Misr for Central Clearing, Depository and Registry (MCDR), the Egyptian Holding Company for Airport and Air Navigation (EHCAAN), the Settlement Guarantee Fund, Social Housing and Mortgage Finance Fund, and the Investor Protection Fund to name a few.

In that occasion, Ahmed Hafez, Managing Partner – Hafez & Partners – stated:

Dr. Ahmed Saad has played an instrumental role in impacting and shaping Egypt’s regulatory capital market environment, having spearheaded licensing rules, and amending the Capital Market Act in Law No.123. With such profound knowledge of the ins and outs of this everchanging market, we are confident that with Dr. Saad on board, our capital market practice will be unparalleled.”.

Commenting on his new role, Dr. Ahmed Saad said:

I look forward to adding value to Hafez & Partners’ team, building on a common vision towards shaping the capital market law practice in Egypt”.

With the firm’s team of professionals adopting Hafez & Partners’ Capital Market legal agenda, Dr. Saad will be providing advisory related to transactions, regulatory compliance, capital markets’ disputes, corporate finance, structuring deals built on deep insights in key sectors. He is tasked with tapping into creative resources that facilitate the complete spectrum of all matters related to capital market and non-banking financial activities (including micro and nano finance, consumer finance, financial leasing, investment funds, pension funds, etc.) from deliberations, incorporation, structuring, (de)listing and IPO.

Dr. Ahmed Saad’s expertise is both academic and practical, having published a multitude of literature in finance, investment, and management. Dr. Saad earned a PhD in finance titled “Determinants of Capital Structure for Multi-investment Companies” in 1992. Recipient of both local and international awards such as the Award for Best Innovative Financial Sergeant in Africa, Dr. Saad has contributed to the development of market regulations and legislation, such as the law of financial leasing, regulations regarding the securitization of bond issues, and the executive regulations regarding anti money laundering law.

Hafez & Partners pride themselves in the skills, talents and legal proficiency of its partners and team who have a solid track record as business lawyers. The firm offers practical and innovative legal solutions, with services such as M&As, corporate restructurings, projects, banking and finance, litigation, and arbitration. Representing local corporations and multinationals, Hafez & Partners have closed deals and transactions worth billions of dollars in sectors including telecommunication, ICT, oil & gas, tourism, real estate, banking, finance, and aviation.