Mr. Tarek Bassiouni

Senior banking supervision and IT risk professional with over 30 years of experience at the Central Bank of Egypt, specializing in IT governance, cybersecurity supervision, e-banking risk, outsourcing, business continuity, disaster recovery, and digital banking regulation. Extensive experience leading onsite IT examination missions, developing regulatory frameworks, and supporting supervisory capacity building through tools development and training.

Regulatory Core Competencies

• Corporate Governance and IT Audit.
• Regulatory Compliance.
• Contributing to the formulation of regulatory policies and standards.
• Assessing third-party and supplier risks in the financial sector.
• Data Governance and compliance with privacy and data protection laws.
• Adherence to international best practices in IT auditing, security, and governance, particularly IT Governance Frameworks (COBIT, ISO 27001, ITIL).
• Contributing to the development of governance and risk frameworks and regulations issued to entities subject to the Central Bank of Egypt Law, and contributing to the evaluation of financial technology companies and the technological solutions they offer through a sandbox.
• Contributing to the development of innovative frameworks for assessing the risks of expanding the use of artificial intelligence in banks and financial institutions.
• Participating in oversite of the digital bank.

Executive Experience

General Manager of the Field Inspection Sector – Central Bank of Egypt, with over 33 years of banking experience in supervisory and regulatory work.

Key Achievements and Responsibilities:

• Leading the field supervision strategy for IT risks in the Egyptian banking sector, ensuring effective oversight of IT governance frameworks, cybersecurity, outsourcing, business continuity, and disaster recovery at banks.
• Contributing to the development of regulatory and supervisory enhancement initiatives to promote digital transformation, compliance, and operational stability across the banking sector.
• IT governance structures and oversight.
• Information security controls and oversight functions (risk, audit, compliance).
• Disaster recovery and business continuity preparedness.
• Outsourcing governance and third-party risks.
• Systems governance, technical support, and compliance with Central Bank of Egypt regulations.
• Supporting the development and improvement of IT infrastructure and digital banking services.
• Developing IT control tools, work programs, and audit methodologies.
• Providing on-the-job training for IT security, internal audit, and on-site audit teams.

COMMITTEE MEMBERSHIPS (CBE

• Regulatory Sandbox Committee (FinTech assessment)
• Automation Committee
• Digital Banking Regulation Committee (CBE Law No. 194/2020)
• Information Technology Governance Committee

INTERNATIONAL MEMBERSHIPS

• ISACA (USA) – Member (2020 – 2026)
  • CISA International Group
  • CISM International Group

EDUCATION

• B.Sc. Commerce – Cairo University, Egypt (1988)
• Diploma, Accounting & Auditing – Cairo University, Egypt (1993)
• Diploma, Accounting Information Systems – Cairo University, Egypt (1996)
• Diploma, Banking Certificate – Chartered Institute of Bankers, London (2000) .

CERTIFICATIONS

• ITIL V3 Foundation
• ISO 27001 Lead Auditor
• Future Leaders Program (EBI & City UK)
• COBIT 5
• CISA – Certified Information Systems Auditor (ISACA)
• CISM – Certified Information Security Manager (ISACA) .

SELECTED INTERNATIONAL TRAINING & VISITS ABROAD

• Participation in many international seminars, conferences and external forums in many countries and international bodies to exchange experiences and transfer knowledge, including the United States of America, France, Italy, the European Central Bank, Greece, Romania, Switzerland, Spain, the International Monetary Fund, the Arab Monetary Fund, Singapore, the United Arab Emirates, England, Turkey and Bahrain.