Amr El-Garhy has been appointed as the new managing director and head of corporate finance at Citadel Capital (S.A.E.). El-Garhy will replace Marwan Elaraby who joined the firm in 2005. Prior to joining the firm, Amr El-Garhy had worked for the National Investment Bank as its vice-chairman and managing director.

The new role calls for El-Garhy to develop strategies so that platform and portfolio companies of Citadel will get access to the finance for their growth. He will also oversee execution of their business plans.