Friday, 25 April 2025

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MOVES

Aramex appoints its CFO as acting group CEO + EFG Dubai gets new chair

Plus: EFG Dubai taps Soha Nashaat as its new executive chair

Logistics and transportation provider Aramex’s board of directors has appointed its Chief Financial Officer Nicolas Sibuet (LinkedIn) as acting group CEO effective 24 April. This comes following the resignation of former CEO Othman Al Jeda (LinkedIn) for personal reasons, according to a press release (pdf). Sibuet was previously a drilling industry expert at Boston Consulting Group, and later served as CFO at Abu Dhabi Airports. He is currently a member of Dubai Angel Investors and Saudi Angel Investors.

Private banking group EFG Dubai tapped Soha Nashaat (LinkedIn) as its new executive chair, effective 1 May, according to a press release. Based in Dubai, Nashaat will lead EFG’s strategic growth efforts across the region and steer expansion into new markets. She brings over 30 years of experience in the wealth management industry, previously serving as CEO of Barclays Wealth Middle East and as Offshore Middle East Head at Merrill Lynch.