Al Ahly Financial Investments Management (AFIM)
The Middle East’s 30 Biggest Asset Managers 2021

Rank: 28

Al Ahly Financial Investments Management (AFIM)

Country: Egypt

Executive Chairman: Mansour Kelada

Date of Establishment: 1994

AUM: $1.4 billion

Al Ahly Financial Investments is the asset management arm of the National Bank of Egypt. It recorded $1.4 billion in assets under management in 2020 and currently manages seven mutual funds, including equity, fixed income, Islamic, balanced and money market funds. Executive chairman, Mansour Kelada, previously served as regional manager at IFC (World Bank Group) and has an MBA from Harvard.