Ismail Hassan Mohamed

Ismail Hassan Mohamed
إسماعيل حسن محمد
Governor of the Central Bank of Egypt
In office
13 October 1993 – 12 October 2001
Preceded byMahmoud Salah Eldin Hamed
Succeeded byMahmoud Abou El Oyoun
Personal details
Born(1936-07-26)26 July 1936
Died11 April 2026(2026-04-11) (aged 89)
CitizenshipEgyptian
EducationAin Shams University
OccupationEconomist
Signature

Ismail Hassan Mohamed (Arabic: إسماعيل حسن محمد; 26 July 1936[1]-11 April 2026) was an Egyptian economist. He served as Governor of the Central Bank of Egypt from 1993 until 2001.[2]

He is widely known within Arab financial circles for his conservative approach to monetary policy and his focus on economic sovereignty. Throughout his career and in subsequent economic policy debates. Hassan has consistently pushed for the domestic substitution of imported commodities.[3]

Biography

He graduated as Bachelor in economics in the Ain Shams University in 1959.[3]

Ismail Hassan was appointed Governor of the Central Bank of Egypt on October 13, 1993, succeeding Mahmoud Hamed. He served in this capacity for exactly eight years, concluding his term on October 12, 2001.[2]

During his tenure in the 1990s, Hassan was tasked with steering Egypt's monetary policy through structural adjustment programs, managing the stability of the Egyptian pound, and navigating complex regional financial environments.[4]

Following his governorship at the Central Bank, He was appointed as Chairman of Misr Iran Development Bank.[5] He remained an influential figure and consultant in Egyptian banking.[6][7]

References

  1. ↑ "Ismail Hassan MOHAMED". Gob.UK.
  2. 1 2 "Egypt's central bank deputy becomes temporary head - Central Banking". Central Banking. 2001-10-17.
  3. 1 2 "New governor, new policies?". GAFI. 2015-12-07.
  4. ↑ "Structural Adjustment and Reform Policies In Egypt" (PDF). United Nations.
  5. ↑ "Egypt \ Commercial Banks \ Misr Iran Development Bank \ Chairman Misr Iran Development Bank". Arab Decision. 2002-11-30.
  6. ↑ "Egypt Central Bank denies freezing Brotherhood assets". Anadolu Agency. 2016-05-28.
  7. ↑ Mounir, Hossam (2016-09-19). "Only the Egyptian people can solve their current economic problems: ex-CBE governor". Daily News Egypt.