Mrs. Rana Adawi
Chairperson - Acumen Asset Management
Mrs. Rana Adawi comes with prime expertise in Asset Management and over 22 years of experience in the financial services industry with leading international and regional financial institutions. Her previous roles include Head of Research in Fleming CIIC Securities.
Managing Director of Egyptian Portfolio Management Group, the portfolio management arm of the region’s largest investment bank EFG-Hermes. Under her mandate was the management of Egypt’s largest local mutual funds and equity portfolios of high-net-worth individuals investing in the Egyptian stock market. Total assets under her direct management exceeded EGP 5bn. Mutual funds managed by her were ranked 1st through 3rd for three consecutive years (2005, 2006 and 2007) among all competing Egyptian funds, and beating the index by no less than 50%.
In 2010, Mrs. Adawi, along with Mr. Hesham El Sewedy; a prominent Saudi business figure, and Mr. Mohamed Abdalla; founder of Coldwell Banker Egypt founded Acumen Holding with a paid-in capital of EGP 30 million.
Mrs. Rana Adawi is the Chairperson of Acumen Asset Management. The company is managing Egypt’s Top performing balanced fund “El Kheir Fund” that ranked number one in cumulative performance for three years from 2012-2014 and Bank Audi’s Islamic fund “Ezdehar”, the first fund to be launched in Egypt after the revolution and was also ranked number one amongst all Islamic funds in Egypt in 2015.
Mrs Adawi also manages portfolios of public sector banks, public and private institutions, and high-net-worth individuals with a total AUMs of USD 120 million.
Mrs Rana Adawi was recently recognized as one of the Top 50 Most Influential Women in the economy in Egypt in 2016 in a ceremony that was organized by one of Egypt’s top financial magazines under the auspices of the Prime Minister of Egypt Sherif Ismail .
Mrs Adawi is also a member of the Top 50 Committee that is taking an active role in the economic development of the country.