People: Madinet Nasr for Housing and Development SAE (MNHD.CA)
16 Jul 2019
Dr. Eskandar Adel Iskandar Tooma is Member of the Board & Shareholder Represents the Muriah Holding Company of Madinet Nasr for Housing & Development SAE. Dr. Eskandar is a tenured professor of finance with the School of Business at The American University in Cairo. He has also held a visiting professorship position with Imperial College’s Business School in London, England. Dr. Eskandar served as executive board member and the Group Chief Financial Officer (CFO) of Swiss listed Orascom Development Holding, AG (ODH) from 2013-2016. He was appointed to the board of directors effective May 13th 2013 and asked by the board to step in as the CFO in July 2013. He played a pivotal role in raising and structuring more than USD 500Mn and restructuring the company’s organization, resulting in the successful turnaround from a previous 3 years of loss to a stable profit making regional real estate and hospitality leader. Dr. Tooma has always combined academic experience with practical exposure through assuming a variety of public and private professional posts. From 2005 2008, he was senior advisor to the Egyptian Capital Market Authority, as well as a member of a variety of committees including the EGX30 Index Committee, Market Advancement Committee at the Egyptian Stock Exchange, an advisor and member of the Derivatives and Commodities Exchange Committee with the Ministry of Investments and an advisor to the Ministry of International Cooperation on Egypt’s Debt Swap Experience. Privately, Dr. Tooma sits/sat on the board of EGX listed and actively traded companies, to name a few: Telecom Egypt (TE), Egyptian Resorts Company (ERC), Madinat Nasr for Housing and Development (MNHD), Vodafone Egypt and Orascom Hotels and Development (OHD). In 2015, He holds a B.A. in Business from The American University in Cairo and Adelphi University. He holds two M.S. degrees, the first in Finance and the second in International Economics from Adelphi and Brandeis Universities respectively. and Ph.D. in Finance from Brandeis University.
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