Shehab Marzban

Chairman, Egypt Ventures


Shehab Marzban is currently Chairman of Egypt Ventures and Senior Advisor for Economic Affairs to the Minister of Investment and International Cooperation in his capacity as Strategic Advisor with the African Development Bank. Prior to that, Dr. Marzban was Deputy Minister for Economic Affairs at the Egyptian Ministry of International Cooperation.

He serves as an Executive Director at the Islamic Development Bank Group. He is also a Board Member at the Arab Fund for Economic and Social Development, as well as in EFG Finance.

Before that, Dr. Marzban was the Co-Founder of Shekra Crowdfunding and SME Development, which received the Islamic Economy Award for best SME development initiative by HH Sheikh Mohammed bin Rashid Al Maktoum in 2013.  Dr. Marzban joined Sillicon valley based IdealRatings within its startup phase, which evolved currently to the market leader in screening ESG-based equities, as Product Development Director and Head of Research in August 2008. Within his role he contributed heavily in building the research department, clients acquisitions, the development of an innovative research process and product design, and asset managers and index providers account management resulting in the service being used by top financial institutions in the US, Europe, MENA and Asia.

Dr Marzban is also currently a visiting professor at IMD Business School in Switzerland, Zayed University in the UAE, and Durham University in England, as well as a visiting lecturer at various universities in Europe, Malaysia and the MENA region. Furthermore, he is a member in the technical committee of the Finance Accreditation Agency in Malaysia.

Until November 2015, he was working as a Senior Consultant at the World Bank focusing on Islamic MSME finance and venture capital strategies in the MENA region. He was also a Senior Islamic Finance Consultant for the Islamic Development Bank. His areas of specialization include: MSME and startups development; crowdfunding; as well as computer-based financial services, utilized in his consulting and research experience with the private sector; government and international development institutions in the areas of policy development; venture capital development; developmental projects and finance; Islamic finance; fund management; and decision support models.

Dr. Marzban received his PhD in ethical portfolio management from the University of Cologne in Germany and has published several papers in the areas of shariah-compliant crowdfunding, entrepreneurship, Islamic funds, shariah screening and purification, and SME development. His publications have appeared in numerous top international journals such as the Journal of Banking and Finance, the Banker, and the G20 Policy Reports, as well as presented at the Harvard Islamic Finance Forum and Cambridge University.