EFG Hermes KSA taps new chairman: Our friends at EFG Hermes appointed Khalid Al Sweilem (LinkedIn) as chairman of the firm’s Saudi arm as the investment bank continues to push into the Saudi market, according to a statement (pdf). Al Sweilem wears several hats in tandem with his new role, including chairman of asset management firm Ninety One Capital Saudi Arabia and visiting scholar at Stanford University’s Center for Sustainable Development and Global Competitiveness. His career of over 30 years has also seen him serve as the Saudi Central Bank’s head of investment.

(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

What they said: “Dr. AlSweilem’s appointment comes at a critical time for EFG Hermes KSA as we continue to scale our operations and introduce innovative financial solutions tailored to the evolving needs of the Saudi market. His wealth of knowledge and leadership will undoubtedly enhance our ability to deliver world-class financial services across the Kingdom,” EFG Hermes KSA CEO Saud Altassan said.

Tags: