Morsi El Sayed Hegazy | |
---|---|
Minister of Finance | |
In office 5 January 2013 –7 May 2013 | |
President | Mohamad Morsi |
Prime Minister | Hesham Qandil |
Preceded by | Momtaz Saeed |
Succeeded by | Fayyad Abdel Moneim |
Personal details | |
Political party | Independent |
Alma mater | Alexandria University Connecticut University |
Morsi El Sayed Hegazy is an Egyptian academic and economist who as briefly finance minister,from 6 January to 7 May 2013. He was the fifth finance minister of Egypt since 2011. [1]
Hegazy has a master's degree in economics,which he obtained from Alexandria University in 1976. [2] He received a PhD in economics from Connecticut University in 1985. [2] [3]
Hegazy began his career at Alexandria University in 1986 and was a professor[ ambiguous ] of economics there. [2] His speciality is public finance. [4] He is also interested in Islamic finance. [1] [4]
He was appointed finance minister in a reshuffle to the cabinet of Hisham Qandil on 6 January 2013 [5] to replace Momtaz El Saeed. [5] [6] Hegazy is not a member of any political party. [7] However,he is close to the Muslim Brotherhood group. [8]
Hegazy's term ended on 7 May 2013 and he was replaced in the post by Fayyad Abdel Moneim. [9] Hegazy played a significant role in talks with the IMF to secure a $4.8bn loan when he was in office. [10]