Intro Group, the mother company of the National Petroleum Company (NPC) ADES Investments, has announced Mohamed Elakhdar to be the new Managing Director, Enterprise reported.

Elakhdar was the former Managing Director of Beltone Investment Banking, where his work included the initial public offering (IPO) of Ibn Sina Pharma, Sarwa Capital and MM Group; the private placement of Ibn Sina Pharma to the European Bank for Reconstruction and Development (EBRD); and Zahran Group and Groupe Seb’s merger transaction.

Elakhdar is a veteran of Bechtel and Parsons Corporation. He holds a MS in finance from George Washington University School of Business and a BS in construction engineering from the American University in Cairo (AUC).