Mohamed Bedeir, Chief Executive Officer and board member of QNB Egypt and a board member of the Federation of Egyptian Banks, has a banking career that began in 1991 and spans about 35 years to 2026. His experience covers corporate banking, retail banking, treasury, trade finance, risk management and asset-liability management, the fields that shaped his professional background before he took the helm of the bank on 15 September 2021.

A Career Spanning Treasury, Risk Management and Executive Leadership

Bedeir began his career at Misr International Bank in 1991, moving through several of its departments until he became head of asset-liability management in 2002. In 2005, he moved to National Société Générale Bank – Cairo as head of asset-liability management, before joining Bank Audi – Egypt in early 2007, where he headed market risk and asset-liability management and later served as Deputy Managing Director and Executive Board Member.

He continued to rise at Bank Audi – Egypt, becoming Managing Director and CEO, before moving to QNB Egypt in September 2021. This career gave him exposure to a wide range of portfolios, combining financial resource management, risk and banking business development.

Leading QNB Egypt and Continuing Executive Responsibility

Mohamed Bedeir became Chief Executive Officer and board member of QNB Egypt on 15 September 2021, leading the bank through a period of business expansion and the development of its services and delivery channels.

In February 2025, the bank's board was elected and formed for a new three-year term starting 20 February 2025, with Bedeir remaining CEO and continuing to oversee the execution of the bank's strategy and the management of its business during the new term.

Business Growth and Assets Crossing EGP 1 Trillion

Under his leadership, QNB Egypt has continued to grow its financial position and core portfolios. In the first half of 2026, the bank posted consolidated net profit of EGP 18.6 billion, up 23% on the same period of 2025, while standalone profit reached EGP 17.8 billion, up 20%.

At the end of June 2026, consolidated assets stood at EGP 1.08 trillion, up 16% from the end of December 2025. Customer deposits rose to EGP 908 billion, up 17%, while the loans and advances portfolio reached EGP 526 billion, up 13% over the same period.

The capital adequacy ratio stood at 25.68%, the non-performing loan ratio improved to 3.96%, and provision coverage of substandard loans reached 120.3%. These indicators reflect business growth alongside close monitoring of credit quality and a strong capital base.

Digital Transformation and a Better Banking Experience

Bedeir's tenure saw the launch of QNB bebasata in February 2023, offering a digital-first banking experience that includes internet banking, a mobile app and a customer solutions center. The launch was part of the bank's drive to support financial inclusion and broaden the use of electronic banking services.

At the end of June 2026, the bank's network comprised 240 branches and 899 active ATMs, combining geographic reach with the development of electronic service channels.

International Awards for the Bank Under His Leadership

QNB Egypt won 12 international awards, according to a bank statement issued on 27 July 2026, covering digital services, retail and corporate banking, trade finance, small and medium-sized enterprises (SMEs), treasury and customer experience. The most notable awards the bank has received under Mohamed Bedeir's leadership include:

  • Best Digital Bank in Egypt 2026 from Global Banking & Finance.

  • Best Retail Bank in Egypt 2026 from Global Banking & Finance and Capital Finance International.

  • Best Trade Finance Bank in Egypt 2026 from Global Banking & Finance.

  • Best SME Bank in Egypt from Global Banking & Finance, Capital Finance International and The Digital Banker.

  • Fastest Growing SME Bank in Egypt 2026 from International Finance.

  • Best Non-Banking Services Initiative for SMEs in North Africa from The Digital Banker.

  • Best Treasury Services Bank in Egypt 2026 from Global Banking & Finance.

  • Excellence in Customer Experience in Egypt 2026 from International Finance.

Agreements and Partnerships Supporting Investment and Productive Sectors

Bedeir's tenure has seen the bank expand its financing agreements and development partnerships. Most notable is a risk-sharing guarantee agreement with the European Bank for Reconstruction and Development (EBRD), signed on 8 November 2024, linked to new financing of up to EUR 70 million for SMEs. The facility covers up to 50% of the credit risk on this financing, helping to widen companies' access to finance.

In July 2025, the bank launched the National SME Champions Program in partnership with the Central Bank of Egypt (CBE) and the EBRD to support entrepreneurs and companies, particularly those in productive and export sectors. Bedeir attended the launch of the program, which combines financial support with capacity building for businesses.

In April 2026, Bedeir signed, on behalf of QNB Egypt, a medium-term financing agreement of up to EGP 5.5 billion with Marakez for Development and Urban Development to support the mixed-use District 5 project in East Cairo.

In May 2026, the bank also led a syndicate of 12 banks to arrange EGP 11.98 billion in syndicated financing for Kased Khair for General Supplies and Contracting, to fund infrastructure development at East Port Said Port. QNB Egypt acted as initial mandated lead arranger, facility agent, security agent and account bank, in a deal that reflects its activity in structuring large-scale financing for the transport and logistics sector.

Development Partnerships Beyond Banking

Under Bedeir, the bank's partnerships have extended into community development, including a cooperation protocol signed with the Desert Research Center in April 2025 to develop agriculture in Sinai, adding a development dimension to the bank's activity and its partnerships with specialized institutions.