Major General Gamal Awad, chairman of the National Social Insurance Authority, chaired today the first meetings of the board of Trustees of social insurance investment funds with all its members, the board included Ahmed kjouk, Deputy Minister of Finance, Rami Aboul Naga, deputy governor of the Central Bank of Egypt, Mai Abdel Hamid, CEO of the social housing fund and real estate finance support, Fatima George-an expert in real estate investment -, Effat Isaac-an expert in the field of financial investment -, Amr Raouf-an expert in the field of financial investment -, Nashat Mortaza-an expert in the field of financial investment - Ahmed Al Sayyad deputy chairman and managing director of the National Investment Bank, Ahmed Al shehat legal advisor to the authority.​​
Awad explained that the members of the fund's Board of directors were selected according to high competencies and experiences, and included the best specialists in economics, management and investment .the fund is specialized in setting the General Investment Policy for the funds it manages for various accounts in various investment vessels, including deposits, bank certificates of deposit, Egyptian treasury bills and bonds, shares of banks and listed and unlisted companies on the Egyptian Stock Exchange, corporate bonds, in addition to establishing companies and contributing to their capital. for the first time, insurance fund investments will break into the field of real estate investment and any other investments.​Awad Ali stressed that the decision to establish the investment fund is a real breakthrough For the beginning of a new stage to invest the funds of the National Social Insurance Authority with a thought and technical vision specialized in investing in all fields, including the board and its members with multiple experiences, which benefits all pensioners in particular and is a real addition in the fields of investment in Egypt .
Awad pointed out that at least 75% of the realized reserves of the authority are invested annually in public treasury bills and bonds, as it is one of the safest areas of investment, and this percentage may be reduced by a decision of the chairman of the authority and after the approval of the board of the instrument, and the remaining percentage is allocated to various investment aspects in accordance with the investment policy determined by the board of trustees in light of the available investment opportunities and market mechanisms, stressing that the diversity in the investment portfolio between different asset classes and periods has been taken into account to reduce the risk of loss and price fluctuations in line with the nature of the funds of the social insurance system

https://nosi.gov.eg/ar/News/Pages/21-2-2022.aspx​