الهيئة العامة للرقابة المالية

Dr. Mostafa Madbouly, Prime Minister, issued Decree No. 1673 of 2026 appointing Dr. Rehab Taha as Assistant Chairman of the Financial Regulatory Authority (FRA). This appointment comes within the framework of supporting leadership talents and bolstering the Authority’s efforts to develop non-banking financial sector’s markets and activities.

The appointment recognizes Dr. Rehab Taha’s distinguished professional and technical expertise in regulating, supervising, and developing non-banking financial markets. It directly supports the FRA’s strategy to boost the sector’s efficiency and maximize its contribution to the national economy – ultimately driving economic development, enhancing financial stability and safeguarding the rights of market participants.

Since June 2019, Dr. Rehab Taha has served as Advisor to FRA Chairman for Research and Development, while concurrently overseeing the Supervision and Regulation Sector for Non-Banking Financing Activities. She brings extensive specialized expertise in regulatory policymaking and market development. In her previous roles, she successfully spearheaded institutional R&D initiatives designed to drive data-backed regulatory decisions and optimize organizational performance.

During her distinguished career at FRA, Dr. Taha has been instrumental in the evolution of the sector’s legislative and regulatory landscape. She has actively participated in drafting the executive regulations that govern non-banking financial activities, alongside defining the trading and settlement rules for futures markets. Her leadership of the task force charged with applying Basel III solvency standards further underscores her commitment to reinforcing risk management and institutional stability.

Additionally, she played a key role in developing national standards for real estate appraisal and the valuation of machinery and equipment. She also participated in drafting of valuation frameworks for intangible assets, ensuring the accurate determination of fair value for knowledge-based and innovative assets. This vital initiative has unlocked critical financing pathways for startups and entrepreneurs, significantly boosting Egypt’s innovation and entrepreneurship ecosystem.

She played an active role in formulating and monitoring FRA’s landmark 2023–2026 strategy. This roadmap is designed to maximize the non-banking financial sector’s impact on economic growth, accelerate the achievement of sustainable development goals, and drive unprecedented levels of financial and investment inclusion.

Her extensive technical and practical experience spanning over twenty years in non-banking financial activities qualified her to serve on several technical committees at the Authority. Her responsibilities have spanned licensing sector professionals, evaluating corporate feasibility studies, and reviewing the technical frameworks to authorize the Egyptian Exchange (EGX) for derivatives trading. She also contributed to the committee establishing licensing requirements for credit rating agencies. Today, she represents FRA on the Technical Secretariat of the Financial Stability Committee, alongside the Central Bank of Egypt and the Ministry of Finance.

She launched her career at Ernst & Young (EY), gaining foundational experience in auditing and financial advisory. Following this, she served as an economic researcher at the Egyptian Capital Market Authority (CMA) before it was merged to form the current Financial Regulatory Authority. Her deep institutional expertise is the result of a progressive career path within FRA, where she advanced through various sectors, including Research & Development, Market Operations and Chairman Office.

Dr.  Rehab Taha also served as Head of Research at Prime Holding, driving the analysis of diverse economic sectors. Her career at the firm progressed into investment banking, where she served as an Investment Manager. Later, she expanded her footprint as an independent financial advisor and corporate board member for multiple financial advisory firms.

Dr. Rehab Taha holds PhD and Master’s degrees in Investment and Finance, as well as a Bachelor’s degree in Accounting from the Faculty of Commerce, Cairo University. She is a CFA charter holder and holds a diploma in feasibility studies and investment project evaluation from the Faculty of Economics and Political Science, Cairo University. Furthermore, she has published several scientific research papers in specialized international journals in the fields of investment, finance and financial markets.

She boasts a proven track record of academic and practical experience in financial markets, having served as a part-time lecturer in investment and finance at several Egyptian universities. These include Cairo University, the Arab Academy for Science, Technology and Maritime Transport (AASTMT), Misr University for Science and Technology (MUST), and Ahram Canadian University (ACU).