Profile
Dr. Mohamed Maait served as Minister of Finance of Egypt from 2018 to 2024, leading Egypt's ambitious economic reform agenda. Prior to this appointment, he held the position of Vice Minister of Finance for Public Treasury Affairs and Head of the Economic Justice Unit. Since November 2024, he serves as Executive Director at the International Monetary Fund (IMF) representing the Arab Group and Maldives.
Maait was named African Finance Minister of the Year in 2019 for his role in Egypt's economic reforms. He holds the title of Assistant Professor in the Department of Actuarial Science and Insurance in the Faculty of Commerce at Cairo University and has more than 30 years of teaching and researching experience at universities in Egypt, Sudan, England and Scotland.
Education
Maait received his bachelor's degree in insurance and mathematics in 1984 and an MPhil in insurance in 1992 from Cairo University, Egypt. He then earned a Diploma in Actuarial Science in 1996, a master's degree in 1997 and a PhD in 2003 from City University, London.
Career History
- Executive Director, Arab Group and Maldives, International Monetary Fund (IMF) — November 2024 to present
- Minister of Finance, Egypt — 2018 to 2024
- Vice Minister of Finance for Public Treasury Affairs & Head of the Economic Justice Unit
- First Assistant Minister of Finance for Treasury Affairs — 2015
- Vice Chairman of the Egyptian Financial Supervisory Authority — 2013-2015
- Chairman of the Egyptian Governmental Actuarial Department (EGAD) at the Ministry of Finance — 2010-2013
- Executive Director of the Egyptian Insurance Institute — 2007
- Senior Advisor to the Minister of Finance — 2007-2009
What Mohamed Maait could bring to the IMF Executive Directorship: Drawing on six years as Finance Minister and extensive actuarial expertise, Maait is positioned to advocate for Arab economies on debt management, development financing, and private sector engagement—priorities he emphasized upon appointment while promoting financial stability and transparency in international monetary policy.
Facts compiled by Executive Moves from publicly available news and press releases on 20 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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