May Abdel Hamid has been the Chairperson of the Mortgage Finance Fund (MFF) since September 2010. MFF is a subsidiary to the Ministry of Housing, Utilities, and Urban Development, mandated to be the major subsidy provider of low income housing in Egypt. Under her leadership, Abdel Hamid has introduced new sustainable subsidy programs that would expand housing finance system to low income households by: (i) developing transparent, direct household subsidy programs; (ii) determining and recommending the legal and regulatory reforms needed to implement the programs; (iii) creating a blueprint for MFF subsidy implementation unit; and (iv) estimating the scale and fiscal outlays needed. In addition, she also promoted an improved system for private sector development of affordable housing. She also outlined and implemented a housing information system in collaboration with concerned ministries that included house values, land prices, production volumes, population demographic, and economic statistics to help in adjusting the subsidies to changing market conditions. Abdel Hamid also shared knowledge and industry experience with numerous countries including Armenia, Tanzania, Saudi Arabia, Palestine, Syria, Sudan, and Iraq. She also negotiated and concluded several loan programs with the World Bank to partially fund subsidies for low income housing. Abdel Hamid has a wide experience that exceeds 23 years in the field of financing. She has been also working in the banking sector for 13 years. Prior to joining the MFF, Abdel Hamid held several positions such as an Advisor to the Minister of Investment and to the Chairman of the Mortgage Finance Authority from 2005 to 2009. She also worked as a Senior Credit Manager for 10 years at American Express Limited – Egypt and Bank Crédit Agricole – Egypt. Furthermore Abdel Hamid was chosen as a Member of several Boards of Directors in some companies, including Tameer Company for Securitization and October for Development & Real Estate Investment. Since 2007 up till now, Abdel Hamid serves as the Vice Chairperson of the Audit, Risk, and Human Resources Committees and of the Executive Committee in the Egyptian Mortgage Refinance Company. She was also chosen as a Board Member and a Member of the Risk Committee as well as the Salaries, Remuneration, and Appointments Committee at the Housing and Development Bank (HDB) since September 2013. Moreover, Abdel Hamid has significantly proven many successes in the financing field by creating financing products to support low-income households through supporting and coordinating with the Central Bank of Egypt. Abdel Hamid graduated from the American University in Cairo in 1993 in Economics and Political Science. She received a number of Specialized Diplomas in Corporate Finance, Corporate Credit, and Risk Management from American Express Bank – New York. She also obtained another Diploma from Wharton School of the University of Pennsylvania – US in Mortgage Finance and Securitization.