International Investor Award Winner

EFG Hermes

Universal Bank Of TheYear
Mr Karim Awad // Africa 2022 

Mr. Karim Awad is Group Chief Executive Officer, Chairman of the Executive Committee and a member of the Board of EFG Hermes Holding. Working together with the EFG Hermes senior management team, Mr. Awad spearheaded a major shift in that Company’s strategy that aimed at transforming EFG Hermes from an MENA based investment bank to a Universal Bank in Egypt with the leading Investment Bank franchise in Frontier Emerging Markets (FEM).  

The company’s revenues reached EGP 6.1 Billion and profits that topped EGP 1.5 billion in 2021 all while maintaining a strong commitment to the communities we operate in through an active CSR policy and actively adopting progressive ESG standards.  

Mr. Awad holds a BA degree from the American University in Cairo where he graduated Suma Cum Laude majoring in Business Administration and minoring in Economics.  With over 24 years of experience, Mr. Awad started his career in EFG Hermes in 1998 in the investment banking department where he became head in 2007 and led a number of high profile local and regional transactions.  He then left the department to assume managerial positions first as CEO of the Investment Bank in 2012 and then as Group CEO since 2013.

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