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Mai Abdel Hamid

CEO Social Housing and Mortgage Support Fund, Egypt

She has been the Chairperson of the Mortgage Finance Fund (MFF) since September 2010. MFF is a subsidiary to the Ministry of Housing, Utilities, and Urban Development, mandated to be the major subsidy provider of low-income housing in Egypt. Under her leadership, Abdel Hamid has introduced new sustainable subsidy programs that would expand housing finance system to low-income households. She also outlined and implemented a housing information system in collaboration with concerned ministries that included house values, land prices, production volumes, population demographic, and economic statistics to help in adjusting the subsidies to changing market conditions.

Prior to joining the MFF, Abdel Hamid held several positions such as an Advisor to the Minister of Investment and to the Chairman of the Mortgage Finance Authority from 2005 to 2009. She also worked as a Senior Credit Manager for 10 years at American Express Limited – Egypt and Bank Crédit Agricole – Egypt.

Furthermore Abdel Hamid was chosen as a Member of several Boards of Directors in some companies, including Tameer Company for Securitization and October for Development & Real Estate Investment. Since 2007 up till now, Abdel Hamid serves as the Vice Chairperson of the Audit, Risk, and Human Resources Committees and of the Executive Committee in the Egyptian Mortgage Refinance Company.