Corporate governance

Introduction

At Heliopolis Company for Housing and Development, we are committed to upholding the highest standards of transparency, integrity, and accountability. Our governance framework is aligned with local laws, regulatory requirements, and international best practices to ensure sustainable, responsible growth.

Through strong corporate governance, we:

  • Safeguard shareholders’ rights.
  • Balance the interests of all stakeholders.
  • Strengthen internal controls and risk management.
  • Enhance institutional performance and investor confidence.
  •  Foster long-term sustainability and a positive relationship with the community.

Board of Directors

Our Board brings together a distinguished group of leaders and professionals with proven expertise and vision, guiding the company towards its strategic objectives.

  • In line with Article (21) of the Articles of Association, the Board is composed of nine members, including the Chairman, elected through cumulative voting.
  • The Board includes two independent experts to ensure objective oversight.
  • The roles of Chairman and Managing Director are separated to reinforce balance and accountability.
  • In compliance with legal requirements, 25% of the Board are female members (Ms. Nevine Ali Sabour and Dr. Gehan Mamdouh M. Saleh).

Latest Board Formation

Mohamed Abdelmonim al-Manshawi

Mohamed Abdelmonim al-Manshawi

Chairman Non-Executive

Sameh Elsaid Ibrahim Hamuda

Sameh Elsaid Ibrahim Hamuda

CEO and Managing Director Executive

Gihan Mamdouh Muhammad Saleh

Gihan Mamdouh Muhammad Saleh

Board Member Non-Executive

Khaled Zakaria Al-Adly

Khaled Zakaria Al-Adly

Board Member Non-Executive

Mr. Amr Ibrahim Abu Al-Ayoun Abdel Nasser Selim

Mr. Amr Ibrahim Abu Al-Ayoun Abdel Nasser Selim

Board Member - Non-Executive

Mr. Hassan Ali Mohamed Ali

Mr. Hassan Ali Mohamed Ali

Board Member Non-Executive

Mr.Essam Abdel Fattah Mohamed

Mr.Essam Abdel Fattah Mohamed

Board Member Non-Executive

Mr.Ahmed Ashraf Aly KwJuk

Mr.Ahmed Ashraf Aly KwJuk

Board Member Independent

Ms. Nevine Ali Faeq Sabour

Ms. Nevine Ali Faeq Sabour

Board Member Independent

Board Roles and Responsibilities

The Board is entrusted with ensuring the company’s long-term success while protecting shareholder value. Its core duties include:

  • Defining strategic objectives and approving general policies.
  • Monitoring executive management performance and strengthening internal controls.
  • Ensuring compliance with laws, regulations, and internal codes of conduct.
  • Establishing governance mechanisms and professional standards for employees.
  • Approving succession planning for senior management and Board positions.
  • Setting up an early warning system to detect risks or irregularities and ensuring corrective actions.
  • Delegating authority while maintaining clear reporting structures.
  • Safeguarding data accuracy, integrity, and cybersecurity.
  • Overseeing disclosures and ensuring the integrity of financial and accounting reports.
  • Preserving the independence of the internal audit function.
  • Appointing a qualified Board Secretary and establishing a dedicated Secretariat Unit.