The Head of the Egyptian Financial Supervisory Authority (EFSA) Sherif Samy said that the Supreme Judicial Council (SJC) approved delegating Judge in Cairo's Court of Appeal Khaled el Nashar to the post of deputy chairman of the EFSA.

The move aims at benefiting from Nashar's experience in the financial markets.

Samy told MENA that EFSA received a letter from the SJC about its approval to delegate el Nashar to work as deputy chairman of the EFSA.

El Nashar had worked as head of the EFSA from mid 2013 till end of 2014.

Sources: MENA