EFG International announces changes to its Global Business Committee
EFG International is today announcing that Patrick Ramsey has been appointed as new Head of Continental Europe & Middle East Region and member of the Global Business Committee, effective January 2021. In this role, he will succeed Adrian Kyriazi, who has decided to step down as of year-end.
25 November 2020
EFG International proposes payment of second tranche of dividend, comments on business performance and announces changes to its Board of Directors
EFG International today published the invitation to its Extraordinary General Meeting (EGM) on 08 December 2020, where shareholders will vote on the distribution of the second tranche of the 2019 dividend of CHF 0.15 per share. EFG today also provides an update on its financial performance and announces changes to its Board of Directors. Spiro J. Latsis has decided not to stand for re-election to the Board of Directors at the next Annual General Meeting in April 2021. As part of the long-term succession planning, John S. Latsis will take over the role as principal representative of the majority shareholder. In addition, Ilan Hayim is nominated as a new member of the Board for election at the EGM.
11 November 2020
FINMA decision in BSI legacy case
In the context of a former BSI’s legacy case regarding the 1MDB matter, predating the acquisition
of BSI by EFG International in 2016, EFG takes note of FINMA’s decision to reset the profit
disgorgement from CHF 95 million to CHF 70 million. EFG’s financial results will not be impacted.
22 October 2020