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KIMA announces the restructuring of the Board of Directors and the appointment of Mr. Chemist Abdel Majeed Hegazy as Managing Director

The Egyptian Chemical Industries Company - KIMA announced the restructuring of the company’s Board of Directors for a period of 3 years.

The company explained in a statement to the Egyptian Stock Exchange today, Monday, that it was decided to appoint Mahmoud Montaser Ibrahim as non-executive Chairman of the Board of Directors, while it was decided to appoint Abdel Majeed Mohamed Hegazy as Executive Managing Director.

In another context, it was decided to postpone the decision on the financial statements for the financial period ending last March to study the impact of Accounting Standard No. 13, amended 2024.