EFG Hermes announced the accelerated expansion of its frontier markets drive. The company announced the expansion of EFG Hermes Frontier, its division serving global frontier markets with a particular focus on securities brokerage, investment banking and research.

The company also announced that EFG Hermes Frontier will be headed by Ali Khalpey, a 20-year veteran of frontier and emerging markets with a proven track record spanning from London and New York to Johannesburg. Khalpey joins EFG Hermes from Exotix Africa LLP, he co-founded and led after a career that included stints with Blackrock, Investec plc, and Renaissance Capital.