أمين المغربي
Amin El-Maghraby is the President and Chief Executive Officer of Magrabi Retail. Mr. El-Maghraby graduated in 1995
from Brown University, Providence, RI, with a Bachelor’s of Science in Economics and completed his postgraduate finance
studies at Richmond University in London, England (1996). Thereafter, Mr. El-Maghraby worked as an investment banker
(1995-1999) for such prominent institutions as Flemings Investment Bank, Cairo, Egypt; Commercial International Investment
Company (CIIC); ARK Financial Group, Beirut, Lebanon; and, JP Morgan, New York, USA.
Mr. El-Maghraby sits on the Board of Directors for several corporations as well as non-profit, philanthropic organizations,
including: Magrabi Retail, AMICO Company, Magrabi Hospitals and Centers, Magrabi Holding, Al-Noor Foundation, Ebsar, and the
Saudi Institute for Health Services. Additionally, Mr. El-Maghraby is an active member of many organizations such as: Young
President Organization (Board Member/Chapter Network Officer); Young Arab Leaders (Executive Committee, Jeddah Chapter);
Minaret Business Organization; American Chamber of Commerce in Egypt; Egypt's International Economic Forum.
When Mr. El-Maghraby became CEO of Magrabi Optical in 1999, it was considered a supplementary business to Magrabi Hospitals
and Centers. Mr. El-Maghraby’s vision was to spin-off the retail optical business into an independent business operation
with a presence throughout the MENA region. In order to accomplish his goal, Mr. El-Maghraby led Magrabi Optical through
two major redesigns that included diversification into a full range of optical industry products and services. As part
of his diversification program, Mr. El Maghraby entered into an exclusive distribution agreement with the world’s largest
eyeglasses manufacturer, expanded into ophthalmic lens manufacturing, and entered into strategic relationships with
carefully chosen business partners, all of which contributed to Magrabi Optical’s phenomenal growth
(from 35 stores to 100 stores) and success in less than 5 years.
Also contributing to Mr. El-Maghraby’s success with Magrabi Optical was his ability to maximize synergies existing
between the various companies that comprise the medical division of Magrabi Group (i.e., AMICO Company,
Magrabi Hospitals and Centers, and Optimeyesed) that are regional entities yet jointly operate in over 15
countries, anticipate market trends, forecast economic growth, and remain sensitive to subtle cultural differences
between regions. Given his enormous accomplishments during his tenure as CEO of Magrabi Optical, Mr. El-Maghraby’s
dream of operating 300 stores throughout the region within the next 5 years will almost certainly become a reality.
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