CAIRO, July 31, 2018 (MENA) - Prime Minister Moustafa Madbouli named Mohssen Adel as the executive chairman of the General Authority for Investment and Free Zones (GAFI). Adel will serve in this post for one year, according to a statement by the cabinet's media office. Adel served as the deputy chairman of the Egyptian Exchange, the deputy chairman of the Egyptian Association for Finance and Investment Studies, member of the advisory committee of the Financial Regulatory Authority and board member of the Financial Services Institute. He also occupied several leadership posts at financial securities companies and investment funds for over 19 years.