Said Zater has stepped down as CEO of Contact Financial Holding to take on a new role as Vice Chairman of the Board and Board Advisor. This transition marks the culmination of his 24-year leadership journey, during which he played a key role in establishing Contact as one of Egypt's leading non-banking financial services providers. Zater's move aims to ensure business continuity and institutional success by passing on his expertise while maintaining corporate memory. In his new role, he will provide strategic guidance, support long-term growth, and drive institutional learning. Since joining Contact in 2001, Zater has been instrumental in its transformation from an auto finance company into a diversified financial services provider. Under his leadership, Contact secured Egypt's first consumer finance license and expanded into mortgage finance, leasing, factoring, and insurance. His tenure saw the company's footprint grow to 74 branches across Egypt and extend into the UAE with the launch of a Dubai office. During his time as CEO, Contact Financial Holding reported a 230% surge in profits over six years, with a 22% year-on-year increase in net operating income in 2024. He also spearheaded the company's digital transformation, enhancing efficiency and customer experience. Zater's contributions have earned Contact multiple accolades, including recognition among the Top 50 Fintech Companies in the Middle East by Forbes Middle East and a spot among the Top 50 Listed Companies for three consecutive years. Personally, he was named among the Top 100 CEOs in the Middle East in 2023 and 2024. In addition to his corporate leadership, Zater serves as Chairman of the Egyptian Federation of Consumer Finance, working to advance the sector and strengthen its regulatory framework.
