Mr. Ahmed Rashad Attout, an Egyptian citizen, is a seasoned and results oriented banker, with a special emphasis on capital markets, sovereign, and corporate finance. He has over 24 years of banking experience in Africa and the Middle East and is currently the Director of the Financial Sector Development Department of the African Development Bank Group (AfDB).   

In this role he has been instrumental in establishing client-facing financial markets operations and executing key financial markets-funded and unfunded operations worth over $10 billion across more than 40 African countries. He has also been pivotal in crafting strategies to develop and broaden Africa’s financial sector using various bank products and instruments. 

Mr. Ahmed Rashad Attout has spearheaded several initiatives to develop Africa’s capital markets, including the Capital Markets Development Trust Fund, which supports countries in developing their capital markets, and the Africa Exchange Linkage Project, which aims to integrate Africa’s Stock Exchanges. His work also includes leading sovereign and non-sovereign financial market transactions, broadening funding sources for various African financial entities, and structuring liquidity schemes to address funding challenges.

Before joining the African Development Bank Group, he worked at Banque Audi, the Arab Bank for Economic Development in Africa, and at Société Générale Bank. He holds an MSc in Management of International Development from the University of Turin, Italy, and a Bachelor of Business Administration degree from Sadat Academy for Management Sciences, Cairo, Egypt.