Board of Directors

James A. Harmon

Chairman

James Harmon is the Founder and Chairman of the Caravel Fund, an emerging and frontier market fund. He served as Chairman, President, and Chief Executive Officer of the Export-Import Bank of the United States from 1997-2001. In 2012, James was appointed EAEF’s Chairman to establish EAEF. Bringing extensive investment and emerging markets experience, he helped nominate the inaugural board of directors and select the Lorax management team, establishing EAEF as a reputable player in the Egyptian market today. In 2004, James was elected Chairman of the Board of the World Resources Institute, a global policy and research institution. Prior to working at the Ex-Im Bank, James was Chairman and CEO of Schroder Wertheim & Co. investment bank.

Hythem T. El-Nazer

Vice Chairman
Managing Director, TA Associates

Hythem is a member of TA’s Management, Core Investment and Portfolio Committees and is co-head of TA’s North America Technology Group. He focuses on investments in enterprise software and technology-enabled companies primarily in North America. Hythem serves on the Board of Directors of Aptean, DigiCert, Gamma Technologies, IDERA, insightsoftware, MicroSeismic, Mitratech, MRI Software, Netsmart Technologies and PDI. Some of his prior investments include AboveNet, Accruent, Aicent, Answers, Bomgar, Idea Cellular, MetroPCS Communications, TEOCO and WIND TELECOM. Prior to joining TA in 2004, Hythem worked with McKinsey & Company and Donaldson, Lufkin & Jenrette. He received a General Course degree from the London School of Economics, an AB degree in Economics from Brown University and an MBA degree from Columbia Business School. Hythem serves as a Member of Board of Overseers, Brigham and Women’s Hospital, the Vice Chairman of the Egyptian-American Enterprise Fund and a Board Member of Columbia Business School’s Private Equity Advisory Board.

Nada Shousha

Vice Chairman
Senior Advisor, IFC

Nada is a Senior Advisor at the IFC and the former Country Manager for Egypt, Libya and Yemen at the IFC. Nada joined the IFC in 2002 as an Investment Officer in the Financial Markets Department, where she led transactions in areas such as mortgage finance, factoring, and banking across the MENA Region.

Tarek Kabil

Board Member
Former Minister of Trade and Industry, Egypt

Tarek Kabil is the former Minister of Trade and Industry of Egypt. Previously, he was a Partner in a leading private equity firm as the Head of the Performance Acceleration Group for MENA, Turkey, and Central Asia. Prior to that, he held leadership positions in PepsiCo for 18 years, most recently the President of PepsiCo International for the Middle East and Africa (MEA) for beverages and snacks, and President and CEO for MEA and South East Asia for International Dairy and Juice Co. a joint venture between PepsiCo and Al Marai Co. Before PepsiCo he worked in the Procter & Gamble Company for 12 years as supply chain director.

Hala El-Mohandes

Board Member
Vice President - Project & Structured Finance - US Ex-Im (Retired)

Hala El-Mohandes recently served as the Deputy CEO of Project & Export Finance at Carbon Holdings.

Mrs. Hala El-Mohandes is the Deputy CEO of Project & Export Finance for Carbon Holdings. She has a proven track record in project finance having worked for 27 years at the Export-Import Bank of the United States (US Ex-Im Bank), in addition to her 16 years of commercial banking experience at Chase-National Bank of Egypt (currently; CIB), the National Bank of Egypt, and the National Bank of Washington.

Whilst working at US Ex-Im Bank and as Vice President of the Project Finance Division, Mrs. El- Mohandes led and closed 28 project finance transactions totaling over $16 billion in Ex-Im Bank exposure and covering US$90 billion in total project costs. These included the Sadara Chemical Company project in Saudi Arabia, which represents the largest financing project in the history of Ex-Im Bank totaling US$5 billion and the EBIC Ammonia project (formerly owned by Carbon Holdings). She has also closed transactions for Australia-Pacific Liquefied Natural Gas (LNG) Project, Papua New Guinea LNG Project, the Emirates Aluminum project, and the Abu Dhabi Sovereign Wealth Fund, the Baku-Tblisi-Ceyhan Oil Pipeline project, Oman (LNG) Project, the three Enka BO power projects in Turkey in addition to several telecommunications projects in Mexico.

Mrs. Hala El-Mohandes holds a Bachelor of Science in Economics from Cairo University and a Master of Arts in Economics from the American University of Cairo. She is proficient in Arabic, English, and French.

David Bohigian

Board Member
Managing Partner, Pluribus Ventures

David Bohigian is an impact investor with extensive experience in investment, management, government and international development. He manages Pluribus Ventures, an impact fund of funds and is a Senior Fellow of the Milken Institute. Prior to these roles, Bohigian led the Overseas Private Investment Corporation’s transformation to the U.S. International Development Finance Corporation – a new U.S. Government agency that is modernizing global development finance with a portfolio of greater than $25 billion in more than 90 countries. Earlier, he served on the core management team of Bridgewater Associates, the world’s largest hedge fund; founded E2 Capital Partners, which developed new financing models for energy efficiency projects; served as an Assistant Secretary of Commerce in the International Trade Administration; and started his career in venture capital, where he worked as Managing Director for Idealab.

Magda Habib

Board Member
Co-founder and CEO, Dawi Clinics

With a passion for building brands and developing new ideas, Habib has been fortunate to play a key role in building three successful businesses in the Egyptian market. She was a key member of the executive team that created Raya Holdings group to become a leading technology brand in the Middle East. She then went on to co-found Fawry for Electronic Payments, the largest electronics payment platform in Egypt. Driven by the obvious need for standardized, holistic outpatient care in Egypt, Habib embarked in 2016 to establish and lead Dawi Clinics, a nationwide chain of integrated family clinics that strives to disrupt the outpatient market in Egypt. Habib sits on the boards of the Commercial International Bank Egypt and Fawry Banking and Payment Technology Company. She holds a BSC in Computer Science from the American University in Cairo and an executive MBA from INSEAD in France.

Amr El-Moselhy

Board Member
Director, Liberty Mutual Investments

Amr is a Director in Liberty Mutual’s Global Private Investments Practice, where he serves as a Senior Investor and Lead for Strategy. In this role, he leads the global private investments portfolio allocation strategy and new investment opportunities. He previously served as a Principal at the Boston Consulting Group and a Senior Director at Fidelity Investments. He earned an MBA with high honors from Boston University and a Bachelors degree in Electronics and Communications Engineering from Cairo University.

James A. Harmon

Chairman

Hythem T. El-Nazer

Vice ChairmanManaging Director, TA Associates

Nada Shousha

Vice Chairman Senior Advisor, IFC