Khalid AlSweilem named as Chairman of EFG Hermes KSA
Updated 2/10/2025 1:18:00 PM
Arab Finance: EFG Hermes, an EFG Holding company, has named Khalid AlSweilem as the new Chairman of EFG Hermes KSA, according to a press release.
The appointment comes as part of EFG Hermes’ commitment to expanding its presence in Saudi Arabia and accelerating the growth of its operations in line with the Kingdom’s Vision 2030.
AlSweilem holds a PhD in Economics from the University of Colorado and a Post-Doctoral Fellowship from Harvard University.
He has served as Chief Global Sovereign Funds Advisor at Ninety One Asset Management and Chairman of Ninety One Capital Saudi Arabia.
Mohamed Ebeid, Co-CEO of EFG Hermes, commented on AlSweilem’s appointment: “His vision aligns with our strategic goals, and we are confident that EFG Hermes KSA will play a key role in contributing to Saudi Arabia’s economic development under his guidance.”
Meanwhile, AlSweilem said: “EFG Hermes’ commitment to Saudi Arabia and its role in driving the country’s financial landscape is outstanding, and I look forward to contributing to the firm’s growth and success.”
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