Karim Awad

EFG Hermes -

Profile

Mr. Karim Awad is Group Chief Executive Officer, Chairman of the Executive Committee, and a member of the Board of Directors of EFG Hermes Holding S.A.E. With over 23 years of experience, Mr. Awad started his career at EFG Hermes in 1998 in the Investment Banking Department, eventually heading the division in 2007 and leading several high-profile local and regional transactions. He assumed managerial roles in the Firm thereafter, first as CEO of the Investment Bank in 2012 and then as Group CEO in 2013.

Since then, Mr. Awad has led a substantial restructuring of the Firm that included streamlining its expenses and divesting its non-core assets, primarily among which was a majority stake in Lebanese bank Credit Libanais. Working together with the EFG Hermes Holding senior management, Mr. Awad spearheaded a major shift in the Firm’s strategy that transformed EFG Hermes from a MENA-based investment bank to
a frontier markets financial solutions house. To achieve this vision, the Firm focuses on six pillars: hiring the best people, improving
the Firm’s positioning in markets it operates in, selectively
expanding its geographical presence, enhancing its product
offering, increasing profitability metrics, and ensuring that
public responsibility remains front and center to all
its operations.

Mr. Awad holds a degree in business administration
(BBA) from the American University in Cairo.