Contact Financial Holding Appoints John Saad as New CEO
Company - People | Jun 12, 2025 | Aim Group
Contact Financial Holding, the parent company of Egypt's leading auto marketplace ContactCars.com, has appointed John Saad as its new CEO. Saad steps into this role after succeeding Said Zater. With substantial experience in leadership positions, including roles at AIM Technologies and IFlix, Saad aims to focus on customer-centric strategies and innovative financing solutions at Contact. His diverse background encompasses expertise in telecom through positions at Vodafone and Mobily. Contact Financial Holding, known for its auto loans and leasing services, as well as mortgages and insurance, is expected to benefit from Saad’s experience in digital services and consumer-focused innovation. ContactCars.com serves over 1.2 million monthly users, providing services for buying, selling, financing, and insuring vehicles.
Sectors
- Financial Services
- Automotive
- Technology
Geography
- Egypt – Contact Financial Holding is based in Egypt, and ContactCars.com is one of Egypt’s leading auto marketplaces.
- Middle East and North Africa (MENA) – John Saad's previous experience includes leadership roles in the MENA region, which is relevant to his position at Contact Financial Holding.
Industry
- Financial Services – Contact Financial Holding is involved in providing auto loans, leasing, mortgages, and insurance services.
- Automotive – Contact Financial Holding's subsidiary, ContactCars.com, operates as an automotive marketplace offering services related to buying, selling, and financing vehicles.
- Technology – John Saad has a background in technology through AIM Technologies, indicating integration of digital and AI solutions in Contact Financial's operations.
Financials
- 1.2 million – The number of monthly users of ContactCars.com, highlighting its reach and engagement in the Egyptian auto market.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Contact Financial Holding | Parent Company | Company | A financial services company providing auto loans, leasing, mortgages, and insurance services. |
| ContactCars.com | Subsidiary | Company | An automotive marketplace in Egypt providing digitized vehicle-related services. |
| John Saad | CEO | Person | Recently appointed CEO of Contact Financial Holding, with a background in technology and leadership positions. |
| Said Zater | Former CEO | Person | Predecessor to John Saad as CEO of Contact Financial Holding. |
| AIM Technologies | Former Company | Company | An AI startup co-founded by John Saad, where he served as CEO before transitioning to a chairmanship. |