GB Auto (AUTO) announced that its Chairman, Raouf Ghabbour, passed away on November 9th, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

The company stated that Managing Director, Nader Ghabbour, will act as chairman until the election of an executive for the position.

GB Auto is an Egypt-based automotive that operates in trading, distributing, and marketing all transportation means, including heavy trucks, semi-trucks, passenger cars, buses, agriculture tractors, and pick-ups.