Managing Board Members
Chief Financial Officer of Siemens Egypt
Mostafa El-Bagoury (40) was appointed Chief Financial Officer of Siemens in Egypt August 2016. As CFO, El-Bagoury will lead financial operations in Egypt, overseeing the accounting; business support; financial planning and analysis; treasury; risk and internal control; information technology as well as tax functions.
El-Bagoury brings over 20 years of financial and commercial experience to the position. Most recently, he served as Executive Vice President of Finance for Power and Gas; Power Generation Services and Energy Transmission for Siemens in Egypt, and for Wind Power and Renewables for the company in the Middle East.
In 2008, while serving as Head of Corporate Governance for Siemens in Egypt, El-Bagoury held the position of Performance Controller for the company in the Middle East, where he helped drive the business in the region by providing reliable financial results as a key driver for business success.
El-Bagoury started his career with Siemens as Financial Controller in Egypt, in 2003. Since then, he accumulated a unique array of business units’ experience and held various leadership positions.
Prior to joining Siemens, he served as the Manager of El-Bagoury Audit Firm – from 2001 through 2003 – where he applied the financial strategies and tools that ultimately turned the business around.
An Egyptian national, El-Bagoury earned his degree in Commerce and Business Administration from Helwan University, and his CPA certified in the State of California, US.