Mr. Fouad El Khoury is a seasoned financial services professional with over 25 years of experience in the industry. Since April 1997, he has served as the Chairman and General Manager of Midclear S.A.L., the Central Depository of Lebanon, which is wholly owned by the Central Bank of Lebanon.
At Midclear, Mr. El Khoury leads a team of experts in custody, clearing, settlement, and shareholder registry services. He has played a contributory role in developing Midclear’s offerings and establishing key relationships within the Arab and Euromarkets. This strategic approach has solidified Midclear’s position as Lebanon’s sole professional custodian and clearing company.
Mr. El Khoury strongly advocates for adhering to international standards in the financial services industry. He has spearheaded the development of robust systems at Midclear to ensure compliance with these standards. Additionally, he prioritizes the protection of Midclear’s clients, consistently working to safeguard their interests and businesses.
Mr. El Khoury’s dedication extends beyond Midclear. In April 2005, during the CSD 8th Conference in New York, he co-founded the Association of Middle Eastern and African Depositories (AMEDA) alongside Muhammad Abdel Salam and other industry leaders. AMEDA serves as a platform for Central Securities Depositories (CSDs) in the Middle East and Africa to exchange experiences and knowledge, promoting regional collaboration in the securities industry.
Before joining Midclear, Mr. El Khoury held positions with prestigious financial institutions like Merrill Lynch in Beirut and Paris and Credit Suisse Bank in Paris. This diverse background equipped him with a deep understanding of global financial markets.
Mr. El Khoury has steered Midclear with unwavering precision and determination for over two decades. His leadership has ensured the company’s continued success, earning the enduring trust of its clients even amidst regional challenges.
