EFG Hermes Taps Ex-HSBC IPO Banker in Middle East Talent Battle

EFG Hermesappointed former HSBC Holdings Plc banker Christopher Laing as head of its equity capital markets franchise, adding to a regional talent battle as the Middle East remains one of the world’s busiest hubs for share sales.

Laing, who spent nearly three decades at HSBC and Deutsche Bank AG, will be based in Dubai and starts this month, according to Mostafa Gad, global head of investment banking at EFG Hermes. Laing’s appointment backs EFG’s “strategy to strengthen regional presence and enhance value creation for clients,” Gad said.

As head of the Middle East and North Africa-focused investment bank’s ...