In a major leadership reshuffle, Telecom Egypt has appointed Tamer El Mahdi as Managing Director and Chief Executive Officer (CEO), after Mohamed Nasr stepped down from both his executive role and his seat on the Board of Directors.
The Board approved the leadership changes during its meeting on September 30th, with the decision taking immediate effect.
El Mahdi will lead the process of appointing successors to these posts to maintain operational stability and advance the company’s strategic priorities.
Joining the Board in March 2025 as a representative of the Egyptian government, El Mahdi brings more than 30 years of leadership experience spanning telecommunications, digital transformation, and investment across diverse sectors.
Commenting on this appointment, El Mahdi said:
“I would like to express my deepest thanks and appreciation to the Board for their invaluable trust in appointing me to this role. This trust represents both a great responsibility and a strong motivation to work with dedication and diligence to continue the success and leadership journey that Telecom Egypt has built throughout the years. I firmly believe that the company’s strength lies in its exceptional people and valued customers. Together with all my colleagues, I am committed to strengthening Telecom Egypt’s position locally and regionally, while advancing our services to meet the evolving needs and aspirations of our customers. I will spare no effort in maximizing the company’s value and shareholder wealth by implementing ambitious strategies that support sustainable growth, reinforce our leadership in the telecom and digital services markets, and strengthen our role in serving the economy and society.”
Since 2020, he has served as the Founder and Chairman of Trade Globe and Terrawaves Networks, overseeing international operations in telecom consultancy, network design, and digital infrastructure.
He holds an MBA in International Business Administration from the Maastricht School of Management, a Master’s in Project Management from George Washington University, a Master’s in Electrical and Electronic Engineering from California State University, and a Bachelor’s Degree in the same field from Cairo University.
Lobna Helal, Chairperson of the Board of Directors of Telecom Egypt, commented:
“The Board of Directors is pleased to announce the appointment of Tamer El Mahdi as Managing Director and CEO of the company. He brings over three decades of professional experience in telecommunications, information technology, digital transformation, and non-banking financial services, in addition to his leadership roles across multinational and investment companies operating in various local and international markets.
I would also like to extend my deepest gratitude and appreciation to Mohamed Nasr, the former CEO, for his dedicated efforts and leadership during a challenging period. We wish him continued success in his future endeavors.”
Mohamed Nasr had taken the role of MD and CEO in April 2023, leading the organization through a transformative era.
Also Read: Telecom Egypt Appoints Lobna Helal as First Female Chair
