EFG Hermes’ ECM Head Khalpey Departs Amid Rush of Gulf Listings

EFG Hermes’ head of equity capital markets is leaving the investment bank that’s been among the top arrangers of share sales in the Middle East.

Ali Khalpey, who joined the firm in 2017, is set to take up a broader role at an international institution, a person familiar with the matter said. He’ll continue to be based in Dubai, according to the person, who declined to identified as the information is private.