Egypt-based Elsewedy Electric was ranked third place in the “Most Honored” segment for the second time in the Institutional Investor’s 2020 Emerging Europe, the Middle East, and Africa (EMEA) Executive Team survey, Invest-Gate reports.

This award confirms Elsewedy Electric has one of the most reliable executive teams in the EMEA region, thanks to its distinguished communication with a wide network of investors as well as performance measures, compared with its industry peers, according to the company’s press release on October 5.

It also offers special recognition to Elsewedy Electric’s esteemed leaders, namely Ahmed El Sewedy as the “Best CEO” and Sherif El Zeiny as the “Best CFO,” together with Tarek Yehia’s cadre as the “Best Investor Relations (IR) Team.”

“We are glad to obtain this high-level honor as a culmination of our continuous efforts with investors and financial experts, which will ensure transparency and strengthen the bonds of trust with industry-related partners,” Elsewedy Electric CEO was quoted as saying.

El Sewedy elaborated, “The IR team is identified by its constant keenness to ensure that the market is informed of the latest developments and ventures of Elsewedy Electric by all means of transparency, neutrality, and reliability. We continue our commitment to follow best practices in this field and look forward to continuing our distinguished work in the coming years.”

Institutional Investor is a leading international business-to-business publisher, focused primarily on international finance. It offers highly-respected proprietary analysis and rankings on buy- and sell-side research, hedge funds, corporates, fixed income, and asset management. These rankings are the industry’s benchmark for excellence across Asia, Europe, Japan, Latin America, and the US.