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Nassef Sawiris, an Egyptian citizen, received his secondary education in the German International School of Cairo, Egypt. He later attended the University of Chicago, United-States, where he graduated in economics.
Mr. Sawiris joined the Orascom Construction Industries (O.C.I.) group in 1992 and became the Chief Executive Officer of O.C.I. in 1998 before the launch of the initial public offering of the group which was successfully completed in the second quarter of 1999. Mr. Sawiris has led the company in devising the company's investment strategies and execution in the fields of cement, natural gas industries and the significant geographic expansion of the construction group. Through investments in complementary businesses, he has grown the family business into an international corporation with a market capitalization of approximately $20 billion.
His term of office expires at the General Meeting approving financial statements for the financial year ended 2011. The Board of Directors will also recommend to the Shareholders Meeting in May 2008 the appointment of a third representative of Groupe Bruxelles Lambert and of a second representative of the founding shareholders of Orascom Construction Industries.
He is a member of the American Chamber of Commerce, the German- Arab Chamber of Industry & Commerce and the Young President's Club. | 