A former chief of state television and radio, Eng Usama El-Sheikh preside over the Board of Directors.
The Board of Directors of Film Clinic Holding, founded by renowned screenwriter and producer Mohamed Hefzy and director Amr Salama, along with Ergo Media Ventures, a subsidiary of AYADY for Investment and Development, held its first board meeting recently to discuss the company’s institutional transformation plans.
As part of the formation of the Board of Directors, experts in all technological, production, managerial, and legal aspects, working in the areas of media, creative, and digital production, were considered. A combination that aims to achieve the company’s vision in reaching excellence in film and TV production in reference to global standards; aligned with the vision of the Egyptian state towards creating investment opportunities that are influential in reformulating the media and art scene and leading to sustainable development.
The Board Members include Former head of the Media Chamber Eng. Amr Fathy; Legal Counsel Mohamed Hossam Lotfy; Deputy Minister of Tourism and Antiquities Mohamed Fahmy; renowned screenwriter & Producer as well as former President of the Cairo International Film Festival Mohamed Hefzy; Film Clinic’s founder and CEO, Amr Salama, who is also a renowned writer and director; Managing Director of the Investment Sector at NI Capital Hazem Kamel; Chief Investment Officer with Egypt Post’s Investment arm, Gamal Guemeih, who also previously led Ergo Media Ventures, and engineered its investment in Film Clinic, as well as Islam Yassin, an expert in institutional transformation and restructuring strategies.
In a statement, Film Clinic Holding’s Chairman Eng. Usama El-Sheikh said: “The Board … aims to create … a studio model that will be an industry pioneer in the Arab region in film, television, and digital production sectors, in accordance with Egypt’s leadership and historical status. This will be achieved by establishing an institutional structure with the accessibility of financial resources; the ownership of cutting-edge infrastructure; and working with the most exquisite artists, technicians, and management, investment, innovation, production, marketing, and distribution professionals. I have faith that the founders of this newly formed company are able to alter the regional production and landscape quickly and take on a leadership role, because of the level of experience of the Board of Directors and the abilities that the new organisation will offer.”
Mohamed Hefzy commented: “I am proud to witness the first board meeting of Film Clinic Holding, which marks the first step in realising the company’s transformation into an institutionally run mini studio with major ambitions for growth across the region and beyond.”
Hazem Kamel added: “Ergo Media Ventures will work to develop the company’s institutional framework so that it becomes one of the top businesses in Egypt and the Middle East, delivering material from Egyptian and Arab film projects to audiences worldwide via conventional and digital distribution channels.”