Financial services and corporate governance: Dr. Mohieldin has established a global reputation for effective and strategic management and built an outstanding record of results including: creating an effective single regulator for the non-bank financial sector, the Egyptian Financial Supervisory Authority (EFSA); building a stock-market for small and medium-sized enterprises, the Nile Stock Exchange (NILEX); creating the first Institute of Directors in the Arab World; developing an environmental, social and governance index with Standard & Poor's for companies listed on the Egyptian Exchange (S&P/EGX ESG Index); developing the first Arabic Code of Conduct for corporate governance and introducing guidelines for corporate social responsibility; consolidating and liberalizing the insurance sector and enhancing its regulatory framework; and developing the mortgage finance market and launching Egypt's first liquidity facility for mortgage refinance. These regulatory reform measures helped allow the non-bank financial services industry to accommodate new products as well as position Egypt as the regional center for financial services at the time.