Kamal Abdel Galil: Three focus areas will be key for GFI and IBFI to achieve its long term and strategic plans

Kamal Abdel Galil has recently joined Global Food Industries (GFI) and International Beverage and Filling Industries (IBFI) as Chief Financial Officer (CFO).

 

With both companies’ ambitious growth and expansion targets, Kamal strongly believes that three focus areas will be essential for GFI and IBFI in achieving its aspired objectives: financial & profitability targets; support towards business growth & regional expansion; and building talent.

 

A seasoned finance professional with more than 20 years of diversified professional financial experience in several MNC’s, Kamal has worked across a wide range of business sectors, mainly: IT, Trading, Distribution, Oil Field Services, FMCG, as well as in manufacturing and distribution. Throughout his career, he has worked within different organizational structures starting out as manufacturing plant accountant and eventually moving into managing a wide range of geographical markets and business operating units. Within such period, Kamal has performed several functions and roles in finance, such as: accounting, internal audit / controls, financial reporting, financial planning & analysis, ERP systems implementations, SOX/COSO implementation and financial shared services centers.

 

A native of Egypt, Kamal received his Faculty of Commerce & Business Admin (Bachelor’s degree), Major Accounting, from Helwan University in Cairo on June 1996, and also got his Modern Accounting Certificate (Diploma) from the American University also in Cairo on July 1997. Kamal then got his CMA from the Certified Management Accountant Institute of Management Accountants in New Jersey, USA in November 2012.

 

His areas of expertise include Financial Planning, Budgeting & Analysis, Technical Accounting and Shared Services Management, as well as Risk Management, Internal Audit & Corporate Governance.

 

Reporting directly to Mr. Ahmed Bayoumi, CEO, GFI and IBFI, Kamal’s role includes providing Albatha Group’s senior leadership with continuous evaluation of short and long-term strategic financial objectives; ensure credibility of the finance team by providing timely and accurate analysis of budgets, financial trends and forecasts; taking on a hands-on lead in developing, implementing and maintaining comprehensive systems; providing executive management with advice on financial implications of business activities; manage processes for financial forecasting, budgets, consolidation and reporting; providing recommendations on how to strategically enhance financial performance and business opportunities; as well as ensure effective internal controls are in place and compliance with regulatory laws and rules for financial reporting are executed.

 

Prior to his appointment as CFO for GFI and IBFI, he served as Finance Director of Modern Pharmaceutical Company, also a subsidiary of the Albatha Group.

 

 

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