KARIM AWAD - Co-Chief Executive Officer – Investment Bank
Mr. Awad is the Co-Chief Executive Officer of the Investment bank with an overall responsibility for managing the Company’s research, securities brokerage, asset management and investment banking divisions. Prior to assuming his current role, Mr. Awad was a member of the Group’s Investment Banking Department and was its head during the period from January 2008 and until May 2012.
Since joining EFG Hermes in 1998, he has focused on equity offerings and merger and acquisition (M&A) transactions with a special focus on the telecommunications and financial institutions sectors. During his tenure, Mr. Awad has participated in and closed deals including landmark transactions such as advising Telecom Egypt (TE) on its initial public offering and on TE’s acquisition of a 45% stake in Vodafone Egypt, advising Société Générale on its acquisition of MIBank and Actis on its acquisition of a stake in Commercial International Bank Egypt. He also played a major role in leading the IPO of Talaat Mostafa Group, the largest IPO in Egyptian history and the US$ 700 million private placement for Solidere International.
Since assuming his role as head of IBD, Mr. Awad has helped lead the group through a number of important transactions including the IPO of Palm Hills Development, Maridive & Oil Services, the rights issue of Orascom Telecom and Juhayana for Food Industries among others. He was also instrumental in developing the department’s debt practice through the underwriting of the Egyptian Company for Mobile Services and Orascom Construction Industries bonds in 2010, the first Egyptian bonds to be marketed outside the Egyptian commercial banking sector. Most recently, he advised Paradise Capital on the sale of a majority stake to Electrolux, Japan Tobacco on the acquisition of Haggar Cigarettes Factories in Sudan and Al Nakhla Tobacco in Egypt as well as the Egyptian Refining Company on a US$ 460 million capital raising effort, one of the largest placements in Egyptian history.
Mr.Awad graduated with a Bachelor of Arts in Business Administration with a minor in Economics from the American University in Cairo with highest honours.
YASSER EL MALLAWANY - Chief Executive Officer
EFG Hermes As Chief Executive Officer of EFG Hermes, Mr. El Mallawany has played a key role in driving the consolidation of Egypt’s investment banking sector and facilitated the emergence of EFG Hermes as the leading Arab investment bank. He began his career with 16 years at Commercial International Bank (CIB), formerly Chase National Bank, finally serving as the General Manager of the Corporate Banking Division. Mr. El Mallawany joined EFG Hermes at the time of the Firm’s merger with CIIC. He is a member of the Emerging Markets Private Equity Association’s Advisory Council. Mr. El Mallawany holds a Bachelor’s degree in Accounting from Cairo University.
HASSAN HEIKAL - Chief Executive Officer
Serving as Chief Executive Officer since 2007, Mr. Heikal is one of the driving forces that has established EFG Hermes as the largest investment bank in the Arab world. Mr. Heikal joined EFG Hermes in 1995 from Goldman Sachs. While Head of EFG Hermes’ Investment Banking Division, he spearheaded the drive that cemented the Firm’s reputation as the leading investment banking franchise in the Arab world. He holds a Bachelor of Science from the Faculty of Economics and Political Science at Cairo University.
RAMSAY ZAKI - Chief Operating Officer and Board Member
As the firm’s Chief Operating Officer, Mr. Zaki is responsible for managing the financial and operational issues, including compliance related functions. He joined EFG Hermes in 1995 and has held a number of key positions in the course of his 14 years with the firm, including Group Treasurer. Prior to joining EFG Hermes, Mr. Zaki worked for nine years at Commercial International Bank (CIB). He holds a Bachelor’s degree from Cairo University.