Egypt-based Contact Financial Holding, the parent company of auto marketplace ContactCars.com, has promoted Ahmed Hassanein to chief credit officer. 

Hassanein has been with the company for 12 years, holding a number of leadership positions, including group credit director, digital collection director and regional credit director.

Earlier this month, Contact Financial Holding appointed John Saad as CEO and Sherif El Naggar as group director of transformation.

Contact Financial Holding provides auto loans and leasing services. ContactCars.com recently launched online auto auctions in collaboration with Toyota Egypt.