Four experienced executives have been recruited to spearhead a strong focus on NRI clients within the MENA region.
Michael Vlahovic, head of private banking at EFG Private Bank, said: “These hires are a continuation of the Group’s 2022 growth plan of continued onboarding of NNA via new CROs and additional client acquisition. It also dovetails with our own strategy of focusing on strengthening the teams in growth markets where we have existing expertise.”
Omar Omari joins as a CRO in the MENA team, primarily focusing on clients within UAE, Qatar, Kuwait and Bahrain. He has over 15 years’ experience in investment banking and wealth management, working for Lehman Brothers, RBC, Credit Suisse and Coutts.
John Hennessy joins as a CSO supporting Omar and the MENA team. He has spent the majority of his career in private banking at Coutts, supporting the Middle East teams. Both Omar and John join us after a short period working on the Middle East team at Standard Chartered.
Mital Shah joins as a CRO in the GSAC team, coming from Standard Chartered where she has built a Global Indian/NRI portfolio. Prior to Standard Chartered, Shah was at Citi for eight years and practiced as an IFA for a further seven years.
Saionton Basu joins as a CRO in the GSAC team, also coming from Standard Chartered having built a book of global clients with a focus on India and Pakistan. Basu previously held a number of roles managing Family Office and UHNWI divisions within top-tier law firms, and spent time as a senior lawyer at Freshfields Bruckhaus Deringer in New Delhi.
