EFG Hermes, following the conclusion of its General Assembly, has announced that Ms. Mona Zulficar, the renowned lawyer and member of the Board of Governors of the Human Rights Counsel to the United Nations, has been appointed non-Executive Chairman to the Board.
Driven in part by the continued growth of the firm across the region, which has seen expansion into the UAE, Saudi Arabia and Qatar over the last three years, the new building – which is being developed within Smart Village in Cairo – will have a 4000sq/m footprint and the capacity to hold approximately 900 of the group’s staff.
Originally launched with a cap of LE100m, the fund has been oversubscribed to the amount of LE152,835,800, taking advantage of EFG Hermes’ regional expertise in Fund management, along with the Principal Bank for Development and Agricultural Credit’s high level of distribution throughout Egypt.
Bank Audi SAL announces that it is holding exploratory discussions with EFG Hermes Holdings SAE regarding a possible combination of the two institutions which, if it takes place, may generate significant commercial and financial synergies.
We use cookies to collect information about how you use our website. And we use the information derived from such cookies to ensure the functionality of our website and to enhance our services.
