EFG Names Executive Chair for Dubai Unit

The Dubai subsidiary of EFG International has appointed a 30-year wealth veteran as its executive chair.

EFG Dubai has appointed Soha Nashaat as executive chair, according to a statement, effective May 1. In the role, she is responsible for ensuring that EFG Dubai maintains and further develops its strong strategic position to deliver sustained and profitable growth.

Based in Dubai, she will report directly to Patrick Ramsey, EFG’s head of continental Europe & Middle East, while working closely with Ali Sandila, CEO of EFG Dubai.

More Than 30 Years of Experience

Nashaat has over 30 years of wealth management experience with a focus on Middle Eastern markets. She previously held various leadership positions, including as CEO of Barclays Wealth Middle East, offshore Middle East head at Merrill Lynch, and member of the board of directors of Barclays Bank Suisse.

EFG has been operating in Dubai since 2019, and as of end-2024, it had 6 billion francs ($7.4 billion) in assets under management.