Ali Mokhtar currently serves as CEO of Beltone Venture Capital (BVC) - a wholly owned subsidiary of Beltone Holding - one of the fastest growing financial institutions in the MENA region. Mokhtar brings to the role over 14 years of experience in the non-bank financial sector in Egypt and the MENA region. Mokhtar’s journey in the financial industry began at Beltone, where he held several positions between 2010 and 2020 in Corporate Finance and Asset Management. His experience includes serving as Director and Head of Equity at both Beltone Asset Management and EFG Hermes Asset Management. In his capacity, he was responsible for formulating the strategy for all mandates investing in Egypt. He was responsible for managing c.EGP 7 billion in AUMs ranging from equity funds, balanced funds, portfolios for sovereign entities, and high-net-worth-individual portfolios. In addition, he was responsible for research coverage of various sectors across the MENA region. Furthermore, Mokhtar assisted a number of Egyptian startups across various sectors during their pre-seed and seed fundraising rounds in his role as consultant and part of their advisory boards — raising more than USD 45 million in necessary capital to fuel their growth and success. In June 2022, Mokhtar played a crucial advisory role to Talabeya (an FMCG B2B e-commerce platform) in its successful acquisition by MNT-Halan. Mokhtar holds an Executive MBA from London Business School and a dual Master’s degree in Finance from Antwerp Management School and Fordham Gabelli School of Business.
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