People Moves
International Wealth Group Appoints Ex-EFG Figure As Vice Chairman
The group of firms in the JAR Group operate in Geneva, Dubai, Singapore and Monaco.
JAR Capital Group, a Swiss-headquartered holding company bringing together independent wealth management firms across MENA and Asia, has appointed Francois R Farjallah (main picture) as vice chairman of the board of directors, effective 5 March.
Farjallah has joined from EFG Bank AG, where he served as head of private banking and head of the Middle East from 2021 to 2025.
“Francois brings exceptional experience in building and leading private banking operations across complex and demanding markets. His record of growing client franchises across the Middle East, Europe, and Asia makes him the right addition to our board,” Gerald de Senger, chairman and founder of JAR Capital Group, said.
Prior to EFG, Farjallah was global head of Middle East and Africa at CA Indosuez Wealth Management from 2016 to 2021. Earlier in his career, he held senior positions at Société Générale Private Banking, including CEO of the bank in Greece and head of the Near East and Mediterranean, as well as head of wealth management and deputy CEO in Luxembourg. He began his career at Credit Suisse.
Samer Hanna, group shareholder and board member, JAR Capital Group, said: “Francois’ appointment is a deliberate governance decision that reflects where JAR Capital Group is headed. His depth of experience across the Middle East, Europe, and Asia adds direct, measurable value at board level. This is the right person at the right time for the group, particularly given the Middle East represents one of the fastest-growing wealth markets globally, so someone of Francois’s calibre at board level sends a clear signal about our commitment to the region.”
An IMD certified board director and a Harvard Business School prepared board director, Francois holds an Executive MBA in international wealth management from Carnegie Mellon University and an MBA from HEC Geneva.
Throughout Europe, the Middle East, and Asia, the affiliated firms, which operate via fully-regulated entities in Geneva, Dubai, Singapore and Monaco, serve ultra-high net worth individuals, family office principals, and institutional clients.