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MasterCard appoints Magdy Hassan as Country Manager for Egypt

MasterCard Worldwide today appointed Magdy Hassan as Country Manager for MasterCard Worldwide in Egypt.

Egypt: Sunday, October 12 - 2008 at 12:38
PRESS RELEASE

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Hassan has worked for MasterCard since 2003 and during this time focused on developing a number of MasterCard products suited to the Egyptian market. He has also been instrumental in developing relationships for MasterCard with leading customer financial institutions in Egypt.

Denzil Lawson, General Manager, Middle East and Levant, MasterCard Worldwide, said:

'The combination of Hassan's extensive contacts in Egypt, his in-depth knowledge of the local market and his expertise in the payments industry gained in Egypt as well as internationally, meant he was a natural choice for the position.'

'Egypt is a very important market for MasterCard and we are confident that Hassan will continue to drive and bring real value for our customers, associates, merchants and consumers in Egypt,' said Lawson.

Hassan, who is married with four children, gained his diploma in Computer Science from Ain Shams University, and a Bachelors of Commerce from Cairo University.

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About MasterCard Worldwide:

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 18 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard, Maestro and Cirrus, MasterCard serves consumers and businesses in more than 210 countries and territories.

For further information, kindly contact:

Nadia Ejaz
GolinHarris Dubai
Tel: +971 4 332 3308

Lina Al Desouky
Junior Account Executive
GolinHarris Dubai
P.O. Box 116462, Dubai, UAE
Tel: +971 4 332 3308
Fax: +971 4 331 6733

Siba Sami Ammari
Sunday, October 12 - 2008 at 12:38 UAE local time (GMT+4)

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