54. Karim Awad

Designation: Group CEO & Chairman of the Executive Committee
Company: EFG Holding
Country: Egypt
Nationality: Egyptian
Sector: Banking and Financial services

Awad has been in his current role since 2013, having joined EFG Holding in 1998. In the first nine months of 2023, EFG Holding reported revenues of $338 million and a profit of $67.6 million. In November 2023, EFG Hermes’ investment banking division completed advisory for Orascom Development Egypt’s subsidiary Orascom for Real Estate for a syndicated 10-year loan agreement of $193.8 million to finance its leading project in Cairo. Awad is also the chairman of the company’s Executive Committee.