Arab Finance: Today, EFV Hermes, the Pioneer Investment Bank in the Middle East and North Africa, affiliated with the EFG Holding Group, announced the appointment of Dr. Khaled Al -Suwailem as Chairman of its Board of Directors of its affiliated company in the Kingdom of Saudi Arabia, according to the statement sent on February 10.
The move comes within the framework of the company's continued commitment to expanding its existence and enhancing the growth of its operations in the Kingdom according to the Saudi Vision 2030.
Dr. Khaled Al -Suwailem has extensive experience and distinguished leadership skills in the investment sector worldwide, as it is unique to adopting the latest innovative methods for managing financial strategies. Al -Suwailem has succeeded in bringing down a fundamental change in the intellectual leadership of long -term investment strategies, as a visiting researcher at the Sustainable Development Center, competitiveness and the Stanford Long -term Investment Initiative. During his successful career, Al -Suwailem held the position of chief adviser and general manager of investment in the Saudi Arabian Monetary Agency, in addition to his employment important leadership positions in the same institution since 1991.
Moreover, Al -Suwailem obtained a doctorate in economics from Colorado University and post -PhD fellowship from Harvard University, and his experience extends to the academic field, where he worked as a colleague expert at Kennedy College at Harvard University, as well as his job as a large position of international sovereign funds at Ninety. One Asset Management, and the position of Chairman of Ninety One Capital in the Kingdom of Saudi Arabia.
Due to his busy career, Al -Suwailem will lead the helm of innovation and growth in EF V Hermes in the Kingdom of Saudi Arabia to fly a new chapter of achievements.
In this context, Mohamed Obaid, co -executive head of the EF V Ji Hermes Company, one of the companies of the EFG Holding Group, expressed his happiness with the appointment of Dr. Khaled Al -Suwailem as Chairman of the Board of Directors of the IFG Hermes Company of the Kingdom of Saudi Arabia (EFG Hermes Ksa)) . Because of its extensive experiences and exceptional leadership skills in the investment sector, which will contribute to strengthening the company's efforts to continue expanding its business in the Kingdom, stressing the company's confidence in its rational leadership and vision that is in line with its strategic goals that crystallize in advancing economic growth in the Kingdom of Saudi Arabia .
For his part, Saud Al -Tassan, CEO of EFG Hermes Ksa, pointed out that the appointment of Dr. Al -Suwailem will contribute to supporting the company's efforts to continue expanding its scope of operations and providing more innovative financial solutions that were specially designed to meet the constant changes to the Saudi market, stressing that his extensive experiences and distinctive leadership skills It will contribute to enhancing the company's ability to provide the best financial services throughout the Kingdom.
Commenting on his assumption of the new position, Dr. Khaled Al -Suwailem, Chairman of the Board of Directors of EFG Hermes Ksa, expressed his happiness to join the company during this pivotal period in its career and in the history of Saudi Arabia, stressing the company's firm commitment to the Kingdom and its vital role in leading the country's financial services sector.
Al -Suwailem added that he is looking to contribute to enhancing the growth and success of the company by concerted efforts to enhance financial innovation and support the Kingdom's goals in the long term.
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