– UAE, Dubai – Swvl Holdings Corp (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced the appointment of Ayman Ismail to its Board as an independent Director.
He will also assume the role of Chair of the Audit Committee.
“We are delighted to welcome Ayman to the Swvl Board of Directors,” said Founder and CEO, Mostafa Kandil. “His extensive leadership experience and strategic acumen will be invaluable as we continue to drive Swvl’s growth. As Chairperson of the Audit Committee, Ayman will play a crucial role in upholding Swvl’s commitment to sound financial practices and corporate governance. We look forward to benefiting from his insights and expertise.”
About Ayman Ismail Mohamed Ahmed
Mr. Ismail brings a wealth of experience and a distinguished career spanning over 30 years in leadership positions across multinational corporations. Notably, he served as the Founding Chairman of Egypt’s New Administrative Capital. His impressive track record includes a role as President of North Africa and Chairman & CEO at Pepsi, where he oversaw approximately 10,000 employees and successfully established a joint venture to enter the dairy market. Before Pepsi, Mr. Ismail held senior positions at Procter & Gamble, where he played a key role in significant transactions such as the acquisition of Gillette. Mr. Ismail is a Harvard University graduate and has served as Chairman of the Board at Endeavor Egypt.
Ayman Ismail expressed his excitement about joining Swvl’s Board of Directors, stating, “I am honored to join Swvl, a company that is making significant strides in revolutionizing mass transit solutions. Swvl’s commitment to providing accessible, efficient, and sustainable transportation aligns with my passion for driving positive change. I am thrilled to contribute my experience and work alongside the Board to advance Swvl’s mission and create a lasting impact on the communities we serve.”
In his role as an independent Board member, Mr. Ismail will contribute his deep industry knowledge and strategic guidance to support Swvl’s mission of providing sustainable mass transit solutions to underserved individuals and communities. With Swvl’s focus on driving innovation, Mr. Ismail’s extensive experience will be instrumental in shaping the company’s future success.
Swvl is a global provider of transformative tech-enabled mass transit solutions, offering intercity, intracity, B2B, and B2G transportation. The Company’s platform provides complimentary semi-private alternatives to public transportation for individuals who cannot access or afford private options. Every day, Swvl’s parallel mass transit systems empower individuals to travel safely, efficiently, and sustainably, enabling them to reach their destinations with ease. Customers can book rides through an easy-to-use proprietary app, which offers varied payment options and access to high-quality private buses and vans.
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