The Story Behind MADKOUR Holding

Dr. Mostafa Madkour is a preeminent leader and visionary whose career spans 40 years of transformative impact across the Middle East and Africa. As the Founder and Chairman of MADKOUR Holding, he has been a principal architect of the region’s modern development, spearheading a legacy defined by engineering excellence, strategic industrial growth, and the successful execution of high-priority national projects.

Over the past decade, Dr. Madkour has orchestrated the rapid evolution of the Group into a premier regional conglomerate. Under his leadership, he has strategically diversified the Group into four specialized pillars: Projects, Utilities, Industries, Technology, and Developments. This vertical integration has transformed the Group into a multi-sector powerhouse, offering integrated, technology-driven solutions that encompass complex energy systems, large-scale utilities, and advanced industrial manufacturing.

Driven by a vision of regional self-reliance, Dr. Madkour has been a vital partner in the delivery of Egypt’s most complex national projects. Under his guidance, the Group has expanded its footprint across six countries, establishing MADKOUR as an international benchmark for quality and reliability. His leadership is defined by an "Impact-Driven" philosophy—a commitment to delivering tangible, sustainable results that align the Group’s technical capabilities with the long-term economic and industrial visions of the nations it serves.

Dr. Madkour holds a Ph.D. and M.Sc. in Electrical Power & Machines, and a B.Sc. in Electrical Engineering. A champion of innovation and localized expertise, he continues to shape the future of the continent’s landscape, fostering a corporate culture that prioritizes people, advanced technology, and the advancement of sustainable industrial communities.

Eng. Adham Alkady is a distinguished global leader with over 38 years of high-impact experience spanning the Middle East, Africa, Asia-Pacific, and North America. A specialist in navigating complex industrial landscapes, Alkady is recognized for his rare ability to bridge the gap between large-scale technical operations and sophisticated financial strategy.

Throughout his career, Alkady has held senior executive mandates for some of the world’s most influential industrial giants. His tenure is marked by pivotal leadership roles, including serving as Regional Vice President for the Middle East & Asia Pacific at Baker Hughes, Senior Regional General Manager for MENA at Halliburton, and Regional Vice President for MENA at Worley. Most recently, he served as the CEO for Petroleum and Industrial Projects at Income (IGI Holding) and Managing Director of Dragon Oil (ENOC) in Algeria, where he spearheaded major Energy and E&P initiatives.

Beyond operational excellence, Alkady brings a sophisticated background in global finance and strategic advisory. During a five-year tenure in Canada as Director of Global Enterprise Advisory, he served as a trusted advisor to Private Equity funds and Tier-1 financial institutions, orchestrating complex M&A strategies, asset selection, and deal execution. This period complemented his foundational 14-year career with Schlumberger, where he managed technical operations and general management across the MENA region.

Eng. Alkady is a proven growth strategist with a consistent track record of turning around multi-billion-dollar business units through focused entrepreneurial leadership. He is an expert in institutionalizing corporate governance, managing intricate Joint Ventures, and driving operational efficiencies while maintaining the highest benchmarks for legal and ethical compliance.

He holds an Executive MBA from the Richard Ivey School of Business at the University of Western Ontario, Canada, and a degree in Engineering.

Mrs. Inès Kadri is a highly accomplished banking executive and ESG strategist with over 25 years of experience in shaping the corporate identity and sustainable growth of international financial institutions. As a Certified Corporate Director and an expert in Impact Investment, Kadri is recognized for her ability to integrate complex ESG frameworks into core institutional strategies, ensuring long-term value creation and stakeholder trust.

Currently, she serves as the Chief Communications, ESG, and Customer Excellence Officer at Abu Dhabi Commercial Bank (ADCB) – Egypt. In this capacity, she leads the bank’s strategic efforts in branding, public affairs, and sustainable development. Her career is highlighted by a transformative 15-year tenure at Crédit Agricole Egypt, where she served as Head of Communications and Sustainable Development. During her time there, she was instrumental in establishing the bank’s corporate culture following its inception in Egypt and served as a Board Trustee for the Crédit Agricole Foundation for Development, driving high-impact societal initiatives.

A recognized thought leader in the regional sustainability landscape, Kadri is an active member of the American Chamber of Commerce’s Sustainability Committee. Her leadership has been met with significant acclaim, including honors from the Egyptian Women’s Forum (2021), the Top 50 Most Influential Women (2022), and the Arab Council for Corporate Social Responsibility. Parallel to her corporate career, she spent 15 years as a prominent French-speaking radio presenter, honing a unique ability to manage high-stakes public relations and complex external communications.

Kadri holds a master’s degree in Simultaneous French-Arabic Translation and a Certified Expert designation in ESG and Impact Investing from the Frankfurt School of Finance & Management. This unique blend of linguistic precision, marketing expertise, and financial governance makes her a formidable asset in navigating the intersection of international business standards and regional market dynamics.

Mr. Hossam Fahmy is a distinguished financial leader and governance expert with nearly four decades of global experience spanning the UK, UAE, Saudi Arabia, and Egypt. A veteran of the "Big Four" professional services firms, Fahmy’s career is defined by high-level leadership roles where he navigated complex audit, risk consulting, and M&A transactions for multi-national organizations and state-owned enterprises.

Fahmy currently serves as the Founder and Managing Director of Change Consulting & Change Chartered Accountants. His boardroom influence is extensive, serving as a Board Member of the International Institute of Internal Auditors (Egypt Chapter) and Board Member & Head of the Audit Committee for Nasr Automotive Company. Previously, he held the pivotal role of Board Member and Head of the Audit Committee at the Egyptian Arab Land Bank, where he applied his deep expertise in institutionalizing financial oversight and risk management.

His professional journey is marked by a storied 25-year tenure with KPMG, where he held some of the firm's most senior mandates. He served as the Chief Operating Officer and Head of Advisory for KPMG Middle East & South Asia, and as Managing Partner for KPMG in Saudi Arabia’s Eastern Province. Earlier, he spent nearly two decades as a Partner and Managing Partner at KPMG Hazem Hassan (Egypt). His foundational international experience includes senior roles at EY (Dubai) and KPMG (UK), providing him with a truly global perspective on financial standards and operational efficiency.

A Fellow of the world’s most prestigious financial bodies, Fahmy is a Member of the Institute of Chartered Accountants in England & Wales (ICAEW) and the Egyptian Society of Accountants & Auditors. He holds an Executive Leadership certification from INSEAD (Paris), a Master of Finance from Birmingham University (UK), and a Bachelor of Commerce from Cairo University.

Eng. Hossam Madkour is a distinguished Electrical Engineer and entrepreneur with over a decade of leadership experience across the energy, infrastructure, and international trade sectors. Currently, he is the Founder and CEO of CCT Trading Company, a Dubai-based enterprise he established independently to specialize in the agriculture sector and regional trade. In this role, he has successfully navigated the competitive UAE market, building a business model centered on cross-border trade and integrated supply chain solutions.

His professional record is defined by a mastery of the energy project lifecycle and a deep understanding of operational scaling. Having previously served as the Vice President of Operations at MADKOUR, he was responsible for steering the execution of critical power infrastructure initiatives and delivering complex, turnkey energy solutions. His technical authority is backed by a robust background in strategic business development and large-scale construction management.

Eng. Hossam holds a Bachelor of Science in Electrical Engineering from New Cairo Academy. Committed to continuous professional development, he is currently pursuing a Project Management Diploma (PMD) and possesses specialized expertise in power systems and sustainable energy studies.

Dr. Mohamed Hesham Mansour is a visionary business leader and organizational consultant with over 40 years of experience driving leadership excellence and human capital development across the Middle East and Africa. A rare multidisciplinary talent, Dr. Mansour bridges the gap between high-level technical precision and corporate strategy, serving as the Founder and CEO of Heart to Heart Consulting.

Since pivoting his focus to management consultancy in 2003, Dr. Mansour has become a trusted advisor to C-suite executives and boards of directors. His expertise lies in Institutionalizing Leadership, Strategic Career Management, and Advanced Assessment Centers. He is recognized for his "Hands-on Experience," having spent over two decades crafting bespoke management frameworks and "Level 4" leadership programs that transform organizational culture from the inside out.

Beyond his consultancy, Dr. Mansour is a prominent Executive-level Corporate Trainer and Board Member for several high-profile organizations. His philosophy centers on "Sustainable Learning," ensuring that corporate strategies are not only implemented but institutionalized for long-term growth. His unique background allows him to navigate the complexities of organizational behavior with a diagnostic precision that is unparalleled in the regional consultancy market.

Dr. Mansour is a highly sought-after executive coach, dedicated to qualifying the next generation of regional leaders. He continues to shape the management landscape through his work in Conflict Management and Strategic Organizational Assessment, cementing his status as a cornerstone of professional development in the MENA region.

Dr. Marian Kaldas is a pre-eminent legal authority and governance strategist with a distinguished career spanning judiciary, international arbitration, and high-level corporate advisory. Recognized as a pioneer in the MENA legal landscape, Dr. Kaldas brings a rare combination of judicial rigor and business acumen to the MADKOUR Board. Her professional record is highlighted by senior leadership mandates within the Administrative Prosecution Authority and the Ministry of Justice, where she served as Counselor at the General Department of Arbitration and International Disputes—a pivotal role managing complex, cross-border legal frameworks.

As the Executive Director of the Egyptian Center for Arbitration and Settlement (ECAS), Dr. Kaldas has been an architect of institutional reform. She spearheaded Egypt’s inaugural Family Business Conference, a landmark event that directly facilitated the listing of several major family-owned enterprises on the Egyptian Stock Exchange. Her vision for the future of regional commerce was further realized through her leadership of the first-ever Egypt Arbitration Day (EGYAD) in 2025, which positioned Egypt as a primary hub for international dispute resolution under the theme “Where Business Meets Solution.”

Beyond her executive mandates, Dr. Kaldas is a global advocate for inclusive leadership and mentorship. She launched Egypt’s first “Equal Representation in Arbitration” (ERA) Pledge and founded the “Young ECAS” initiative, designed to qualify the next generation of legal and business elites. Her expertise is frequently sought by the state’s most prestigious institutions; she is a regular lecturer at the National Anti-Corruption Academy (NACA), the Egyptian Institute of Directors (EIOD), and the Financial Services Institute (FSI) under the Financial Regulatory Authority (FRA).

Her career has been met with significant international acclaim, including being named the “Most Influential Woman in the Legal Field in the Middle East” (2023) and recognized as one of the Top 50 Most Influential Women in Egypt (2025) under the auspices of H.E. Prime Minister Dr. Mostafa Madbouly. Her global honors include the "Global Women Power Leader" award and the "Arbitrator of the Year 2025" from the African Arbitration Association. Notably, she is the first Egyptian woman featured by the University of Montreal for her trailblazing career.

Dr. Kaldas holds a Ph.D. in Law with the highest distinction (“Exceptional”) from the University of Montreal, a Master of Laws from Indiana University, and dual bachelor’s degrees in law from Cairo University and in Business Administration from The American University in Cairo. 

Mr. Mostafa Elkaliouby is a distinguished financial authority and investment strategist with over 28 years of experience in valuation, M&A, and corporate restructuring across the Middle East and Africa. As the Director for the Middle East and Africa at the International Valuation Standards Council (IVSC), he serves as a pivotal leader in setting the global benchmarks for valuation profession and standards, bridging the gap between regional markets and international financial transparency.

Throughout his career, Elkaliouby has been a trusted advisor to top-tier Private Equity funds and sovereign wealth entities. During his tenure with Big Four powerhouses PwC and KPMG, he spearheaded more than 350 high-stakes transactions, encompassing complex valuations, feasibility studies, and financial due diligence. His track record is defined by landmark achievements, most notably his instrumental role in the restructuring and IPO of e-finance, Egypt’s largest fintech group—a transaction that redefined the nation’s digital economy landscape.

An expert in navigating the legal and financial intricacies of large-scale investments, Elkaliouby’s mastery extends to M&A advisory, Share Purchase Agreements (SPAs), and international arbitration. His sector expertise is vast, covering Real Estate, Manufacturing, FMCG, and Financial Institutions. His deep understanding of International Business Law and valuation standards allows him to provide the Board with unparalleled oversight on asset risk, investment integrity, and strategic growth.

Elkaliouby holds an MBA in Banking and Finance from the Maastricht School of Management and a Master of International Business Law from the Cairo/Sorbonne University partnership. He is also an International Certified Valuation Specialist (ICVS), blending high-level academic theory with three decades of "boots-on-the-ground" experience in the world's most complex financial environments.

Mr. Sherif El Zeiny is a certified Board Member with over 30 years of distinguished experience spanning corporate strategy, M&A, and digital transformation. A specialist in capital markets and investor relations, El Zeiny has built a reputation for guiding large-scale organizations through complex transformations and sustainable growth. He possesses a deep mastery of governance frameworks, having steered multi-billion-dollar projects for both listed and private entities across the Middle East and Africa.

El Zeiny currently serves as a Board Member and Vice President at Integrated Diagnostics Holdings (IDH), an LSE-listed healthcare powerhouse. In this capacity, he oversees strategic operations across five key regional markets, ensuring institutional excellence and alignment with international capital market standards.

His career is marked by his transformative tenure as Vice President and Chief Financial Officer (CFO) at Elsewedy Electric. During this period, El Zeiny was instrumental in the group’s evolution from a domestic operator into a multi-national market leader, fortifying its financial architecture and spearheading a high-velocity regional expansion strategy. Prior to this, he served as the MENA Finance and Business Director at Mentor Graphics (now Siemens), where he focused on operational restructuring and strategic M&A. His foundational leadership experience was forged at global titans including NCR Corporation, Siemens, and General Motors.

El Zeiny is highly credentialed in corporate governance and modern leadership. He holds an MBA from the City University of Seattle and a Non-Executive Director Diploma from the Financial Times in London. His academic background is furthered by a BA in Accounting from Cairo University and specialized postgraduate diplomas in Strategic Marketing and Digital Disruption from The American University in Cairo (AUC) and SIMA.

Mr. Hesham is a dynamic entrepreneurial leader and corporate strategist specializing in business model transformation, sustainable development, and the global energy transition. As Executive Vice President for Finance and Corporate Strategy, Hesham plays a pivotal role in modernizing MADKOUR’s operational frameworks and institutionalizing an "intrapreneurial" culture designed to bridge the gap between global technological advancements and local market implementation.

His financial leadership is centered on strategic capital allocation and investment planning, ensuring that the Group’s resources are optimized to support its rapid regional expansion across the MENA region and Africa. In his role leading Corporate Strategy, he successfully re-engineered the Group's business models to prioritize high-efficiency, sustainable infrastructure, positioning MADKOUR as a market leader in the regional energy sector. This strategic evolution is supported by his foundational background in Corporate Finance and Innovation from Marquette University (USA) and his international experience as a Financial Analyst in Australia, where he mastered complex business efficiency and strategic scaling.

Beyond his executive duties, Hesham is a dedicated advocate for the industry’s role in sustainable growth. He currently holds the Chairmanship of the Energy Committee at the Egyptian Junior Businessmen Association (EJB), where he influences regional policy and fosters collaboration between emerging industrial leaders and established energy stakeholders. 

Hesham holds a bachelor’s degree in Corporate Finance, Innovation, and Entrepreneurship from Marquette University and has completed advanced international business programs in Australia and Vietnam, providing the Group with a globalized perspective on financial governance and industrial innovation.