He is the current governor of the central bank of Egypt and was previously the Chief Executive Officer of the Arab African International Bank (AAIB), a regional financial services institution. Established by a special law as a joint venture between the Central Bank of Egypt (CBE) and the Kuwait Investment Authority (KIA), AAIB was Egypt's first Arab multinational bank.
Abdalla joined the bank in 1982 and by 2002 had become CEO. In parallel to his executive mandate, Abdalla has also been an adjunct finance professor at the American University in Cairo (AUC) for the past 18 years.
In August 2022, Hassan Abdalla was appointed as the new acting governor of the Central Bank of Egypt (CBE) by presidential decree.
Hassan Abdalla was born in Cairo in 1960 to Egyptian parents. He attended the Port Said School in Zamalek for his junior and high school education. He went on to attend the American University in Cairo (AUC), where he graduated with a BA in Business Administration in 1982. Abdalla returned to AUC in 1992 to receive his MBA.
In 1982 Abdalla joined AAIB, starting in the bank's dealing room, then moved to AAIB's New York City branch in 1988 to manage its US treasury portfolio and hedging policy, while working on portfolio restructuring of bond swaps and repos, in 1994 Abdalla got promoted to Assistant General Manager, then to General manager of AAIB in 1999, In 2002 he was appointed Vice Chairman and Managing Director.