Orascom Hotels and Development (OHD), appoints new ad-interim CEO Altdorf/Cairo on January 27, 2016 in line with the company's new strategy of implementing an operational and financial turn-around. The Board of Directors of the company has resolved pursuant to the company's recommendation to appoint Mr. Khaled Bichara, ODH's CEO, as a Member of the Board of Directors and the ad-interim CEO of OHD, representing ODH. Dr. Manal Hussein will resume her role as the Chairwoman of the Board.

The announced changes will be effective as of February 1st 2016.