Dr Mohamed Maait

Minister of Finance
Ministry of Finance, Egypt

Dr Mohamed Maait

Biography

Dr. Mohamed Maait is currently serving as the Minister of Finance. Prior to his appointment as a Minister, he held the position of Vice Minister of Finance for Public Treasury Affairs & Head of the Economic Justice Unit. In addition, he served as the First Assistant Minister of Finance for Treasury Affairs in 2015 and as the Assistant Minister of Finance for Pensions and Social Insurance during the period (2009 – 2013). He also held the position of the Assistant Minister of Finance for Actuarial Administration Affairs in (2013) and the position of the First Assistant Minister of Health & Population during the period (2014–2015). Over his career of 33 years, he occupied many positions such as acting Chairman and Vice Chairman of the Egyptian Financial Supervisory Authority (2013-2015), Chairman of the Egyptian Governmental Actuarial Department (EGAD) at the Ministry of Finance (2010-2013), Vice Chairman of the National Organization for Social Insurance (2011-2012), and Senior Advisor to the Minister of Finance (2007- 2009). He was also appointed as the Executive Director of the Egyptian Insurance Institute (2007). Regarding his presence in boards of directors, he is currently the Chairman of the Board of Directors of the Africa Reinsurance Corporation since 2021, and the Chairman of the Board of Directors of the Egyptian General Authority for Universal Health Insurance since 2018. Moreover, he was appointed as a member of the board of directors in many institutions.

Academically, he holds the title of the Assistant Professor in the Department of Actuarial Science and Insurance in the Faculty of Commerce - Cairo University. He also worked as a senior lecturer and has more than 30 years of teaching and researching experience at many universities in Egypt, Sudan, England and Scotland. Dr. Maait holds a BSc degree in Insurance and Mathematics from Cairo University, Egypt (1984), an MPhil in Insurance from Cairo University, Egypt (1992). He also obtained a Diploma in Actuarial Science in 1996, an MSc in Actuarial Science in 1997, and a PhD degree in Actuarial Science from City University, London, UK (2003). His academic and professional activities were shown in several research papers and publications.