Ahmed Heikal

Bio

Prior to founding Citadel Capital, Mr Heikal was an executive board member and Managing Director of EFG-Hermes Holding, which transformed from a small financial consultancy into the leading investment bank in the Arab world during his tenure. Mr Heikal hired EFG-Hermes’ current CEO, CIO, CFO and Head of Brokerage. In addition to landmark capital markets and M&A transactions, he spearheaded highly successful private equity investments, one leading to the creation of Egypt’s leading IT company (Raya Holding) and another to the nation’s largest natural gas distribution company (Genco). He also raised three rounds of finance for regional mobile telecommunications operator Orascom Telecom as well as for the IPOs of Orascom Construction Industries, Orascom Hotels and Ezz Steel, and the latter’s subsequent convertible bond to finance the acquisition of ANSDK. Mr Heikal holds a Master’s degree and a PhD in Industrial Engineering and Engineering Management from Stanford University.