CEO Today Africa Awards

21 www.ceotodaymagazine.com CEO Today Africa Awards 2018 EGYPT OSAMA BISHAI CEO of Orascom Construction FIRM PROFILE Orascom Construction is a global engineering and construction contractor primarily focused on infrastructure, industrial and high-end commercial projects in the Middle East, North Africa, the United States, and the Pacific Rim for public and private clients. The Group also develops and invests in infrastructure opportunities. Orascom Construction operates under three distinct and separate brands: Orascom, Contrack and The Weitz Company. Our core brands are supported by a 50% stake in The BESIX Group and a network of subsidiaries and affiliates in complementary industries to construction. Orascom Construction employs approximately 53,000 people in over 20 countries and is dually listed on NASDAQ Dubai and the Egyptian Exchange. Our strategy is guided by five key pillars with the aim of maintaining our market leadership, expanding our geographic footprint and delivering top and bottom line growth to maximize shareholder value. Our aims to expand our market presence as an EPC contractor in our core markets in MENA and the US through several avenues, namely strengthening activities in our key infrastructure and industrial sectors, selective pursuit of well-funded projects where we hold a competitive edge and capitalizing on our proven financing track record across various sectors. The Group has maintained an active strategy of working in partnership with industry leaders to complement and expand its capabilities. Historically, these relationships have enabled us to participate in some of MENA’s largest construction projects and maintain a strong market position. OCL’s 50% investment in the BESIX Group is a clear example of this strategy being put to action, where both companies have pursued opportunities and participated in projects beyond each other’s core competencies. The Group will further deploy this strategy and leverage its MENA relationships in its effort to expand its US foothold. Additionally, we always consider strategic tuck-in acquisitions that enhance our core competencies and add valuable human resources to our construction team as was the case with our acquisition of The Weitz Company in 2012. It is our firm belief that behind every successful company is a continued commitment to quality, safety, the environment and ethical business practices. At OCL, maintaining a safe and healthy workplace for all our employees and putting our expertise to work for the benefit of our clients, our partners and the communities in which we operate is at the heart of how we do business. That is why at OCL we choose to implement global best practice when it comes to safety standards, training and development. ABOUT OSAMA BISHAI Mr. Osama Bishai joined Orascom in 1985 and currently serves as Chief Executive Officer of Orascom Construction Limited. He held the position of Managing Director of the construction business since 1998. Mr. Bishai played a key role in developing the construction business, particularly in the cement, infrastructure and industrial sectors, and led the development of OCI N.V.’s investments in the fertilizer industry in Egypt, Algeria and USA. Mr. Bishai currently spearheads the Group’s efforts to create a long-term concessions portfolio and is leading the growth of the US business. Mr. Bishai is a board member of BESIX Group. Mr. Bishai holds a Bachelor of Science degree in Structural Engineering from Cairo University and a Construction Management Diploma from the American University in Cairo. www.orascom.com