9. Karim Awad

Designation: Group CEO and Chairman of the Executive Committee, EFG Holding
Company Name: EFG Hermes
Headquarters: Egypt
Nationality: Egyptian

Awad has been in his current role since 2013, having joined EFG Holding in 1998. EFG Hermes is part of EFG Holding and offers a broad spectrum of financial services, including advisory, asset management, securities brokerage, research, and private equity. The company recorded $5.2 billion in assets under management in 2023, an annual growth of over 17.3%. In March 2023, EFG Hermes completed advisory on the $2.5 billion IPO for ADNOC Gas on the Abu Dhabi Securities Exchange. The company acted as a joint bookrunner on the transaction. In October 2023, the company also advised on the $1.2 billion IPO of the ADES Holding Company on the Saudi Exchange. Awad is also the chairman of the EFG Holding’s executive committee.