Former EFG Private Banker Joins Swiss EAM JAR

A 30-year private banker and former EFG executive has joined Swiss external asset manager JAR as its vice chairman.

JAR Capital Group has named Francois R. Farjallah as vice chairman, according to a statement. In the role, he is tasked with supporting the chairman on strategy, risk oversight, and capital allocation at the group level. He will also contribute to the structuring of the holding company’s board committees, considering the regulatory standards applicable in the jurisdictions where the affiliated firms operate, which include Geneva, Dubai, Singapore, and Monaco.

The appointment will look to «strengthen the group’s governance framework as its affiliated firms collectively cover Europe, the Middle East, and Asia through fully regulated operations in Geneva, Dubai, Singapore, and Monaco».

30-Year Veteran

Farjallah has over 30 years of experience in global private banking, most recently as head of private banking and head of Middle East at EFG. Prior to that, he held various leadership positions at Indosuez Wealth Management, Société Générale Private Banking and Credit Suisse, with a particular focus on the Middle East and European markets.

«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,» said Gerald de Senger, chairman and founder of JAR. «His appointment reflects our commitment to institutional governance as we scale our business.»

JAR Capital Group is a Swiss holding company that brings together independent wealth management firms worldwide which serve ultra-high net worth individuals, family office principals, and institutional clients. They provide services including discretionary portfolio management, advisory mandates, alternative investments, real estate and private equity access, and family office solutions.