Contact Financial Holding Appoints El Naggar as Director of Transformation
Company - People | Jun 24, 2025 | Aim Group
Egypt-based Contact Financial Holding, a significant player in the financial services sector, has appointed Sherif El Naggar as the group director of transformation. El Naggar brings with him over two decades of experience in multinational companies throughout the Middle East, primarily focusing on IT and transformative leadership roles. At Contact Financial Holding, he will concentrate on advancing operational efficiency, enhancing customer experience, and stimulating sustainable growth. This strategic appointment follows the recent installation of John Saad as the CEO, indicating a period of progressive restructuring within the company.
Sectors
- Financial Services
- Automotive Marketplace
Geography
- Egypt – Contact Financial Holding and its operations are primarily based in Egypt, making it a key geography for business activities and market influence.
- Middle East – Sherif El Naggar has extensive experience across the Middle East region, which is relevant due to the regional influence on Contact Financial Holding's operations.
Industry
- Financial Services – Contact Financial Holding operates in the financial services sector, which includes companies that manage money and offer financial products and services.
- Automotive Marketplace – As the parent company of Contactcars.com, Contact Financial Holding is involved in the automotive marketplace industry, providing platforms for buying and selling vehicles.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Contact Financial Holding | Parent Company | Company | A financial services company in Egypt, parent company of the auto marketplace Contactcars.com. |
| Sherif El Naggar | Director of Transformation | Person | Appointed as the group director of transformation with a focus on enhancing operational efficiency and growth. |
| Contactcars.com | Subsidiary | Company | An online marketplace for automobiles under the parent company Contact Financial Holding. |
| John Saad | CEO | Person | Recently appointed CEO of Contact Financial Holding. |