News

Prominent Egyptian Banker Robbed, Murdered in Cairo Home

Prominent Egyptian Banker Robbed, Murdered in Cairo Home

pablo-nevine-loutfy

Prominent Egyptian banker and CEO of the Abu Dhabi Islamic Bank Nevine Loutfy was found murdered in her home in a private compound in the satellite city of 6th of October on Tuesday, state-owned Al-Ahram reported.

According to a source close to the investigation, the perpetrator broke into Loutfy’s house through a window with the purpose of robbing her, and stabbed her multiple times before fleeing in Loutfy’s car.

The car was later found abandoned on the Cairo-Alexandria Desert Road, with indications that the murderer crashed into a wall as he/she drove at extremely high speeds in an attempt to flee the scene of the crime.

Loutfy graduated with a BA in Economics in 1974 and launched her banking career two years later, when she joined Citibank as a financial analyst at the bank’s Cairo office.

She went on to amass much experience in the banking sector, including earning the title of managing director and business senior credit officer at Citi’s EMEA Commercial Bank in London.

Loutfy then became the first woman to head an Islamic bank when she became the CEO of the Abu Dhabi Islamic Bank.

“Our world is poorer today. All of our members mourn the passing of a woman who was not just a consummate professional — an excellent banker and helpful colleague — but of a good, moral and positive human being who many of us were honored to call a personal friend. Nevine will be greatly missed,” said chairman of the Egyptian Federation of Banks Hesham Ezz Al-Arab following Loutfy’s murder.

Egypt Freezes Assets of Prominent Lawyer Azza Soliman
Court Accepts Appeal Against Release of Egyptian Journalist Ismail Alexandrani

Subscribe to our newsletter


News

More in News

Egypt to Get Its Very Own Fashion Week For the First Time

Egyptian Streets26 March 2023

Egypt Defeats Malawi 2-0 in Qualifiers for Africa Cup of Nations

Farah Rafik25 March 2023

World Bank and Egypt Agree on a New $7 Billion Five-Year Plan to Support Egypt’s Development

Egyptian Streets23 March 2023

Egyptian Court Denies Adoptive Family Custody of ‘Baby Shenouda’, Citing Lack of Jurisdiction

Egyptian Streets19 March 2023

Khaled El-Balshy Elected as Head of Egypt’s Journalists Syndicate

Farah Rafik18 March 2023

Egypt’s Giza and Saqqara Among 2023 World’s Greatest Places: TIME

Egyptian Streets17 March 2023

Minister of Tourism and Antiquities: Egypt Recorded 11.7 Million Tourists in 2022

Dina Khadr16 March 2023

By 2024, Egyptians May Be Required to Speak French by Law

Dina Khadr15 March 2023