Orascom Development Holding AG
Eskandar Tooma 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 Business School in London, England. Mr. Tooma was a Senior Advisor to the Egyptian Capital Market Authority (2005 – 2007), as well as a member of a variety of committees including the EGX30 Index Committee (2006), Market Advancement Committee at the Egyptian Stock Exchange (2006), and a member of the Derivatives and Commodities Exchange Committee with the Ministry of Investments (2007) and a consultant to the Ministry of International Cooperation in order to document Egypt’s Debt Swap Experience (2004). Mr. Tooma sat on the boards (as a non-executive member) of several EGX/LSE listed companies, including Telecom Egypt (2015 – 2017), Vodafone Egypt (2015 – 2019), Egyptian Resorts Company (2009 – 2019), Madinat Nasr for Housing and Development (2015 – present) and the oversight board of HSBC Egypt’s money market fund (2015 – present).
Mr. Tooma was previously a member of the Board of Directors of Orascom Development from 2013 until 2016 and served as its Chief Financial Officer on an interim basis (2013 – 2016). Mr. Tooma obtained his bachelor's degree in business from the American University in Cairo and Adelphi University. He holds two master's degrees, the first in finance and the second in international economics from Adelphi and Brandeis Universities, respectively. He also holds a PhD in finance from Brandeis University.
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Orascom Development Holding AG
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Orascom Development Holding AG is a Switzerland-based company engaged in the real estate sector. Through its subsidiaries, the Company develops and manages integrated towns; hotels; private villas and apartments; and leisure facilities, notably golf courses and marinas. Its activities are divided into five segments: the Hotels segment involves operations related to hotels; the Real Estate and Construction segment involves acquiring land banks and constructing residential real estate; the Destination Management segment maintains finished construction projects; the Land Sale segment manages land transactions; and the Other Activities segment includes mortgage financing, development and management. Its portfolio includes touristic destinations in seven countries: Egypt, the United Arab Emirates, Jordan, Oman, Switzerland, Morocco, Montenegro, and the United Kingdom. The Company's wholly owned subsidiaries include Orascom Hotels and Development in Egypt.