EFG (Middle East) Limited in Dubai, a subsidiary of EFG International AG, announced the appointment of Soha Nashaat as its new Executive Chair, effective 1st May 2025.
Soha will focus on further driving EFG’s sustainable growth in the region and on expanding the bank’s business into new markets. She will work closely with the senior management team of EFG International to support the Group’s overall strategic objectives and positioning. Soha Nashaat will be based in Dubai, reporting directly to Patrick Ramsey, Head of the Continental Europe & Middle East Region at EFG, and she will work closely with Ali Sandila, CEO of EFG Dubai.
Since EFG started operating in Dubai in 2019, the team has built a strong presence, with assets under management of over CHF6billion at end-2024. For EFG International, Dubai is a key growth market and an important hub in the Middle East. In the newly established function of Executive Chair, Soha Nashaat will be responsible for ensuring that EFG Dubai maintains and further develops its strong strategic position to deliver sustained and profitable growth.
Soha Nashaat brings with her over 30 years of experience in the wealth management industry in senior executive and non-executive roles with a focus on Middle Eastern markets. She previously held various leadership positions, including serving as CEO of Barclays Wealth Middle East and as a Member of the Board of Directors of Barclays Bank Suisse S.A and previously Offshore Middle East Head at Merrill Lynch as well as most recently a NED of Gulf International Bank in the UK.
