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EFG Bank Head of Private Banking & Head of the Middle East Francois R. Farjallah Joins Switzerland Private Wealth Management Firm JAR Capital Group as Vice Chairman (5/3/26), 30 Years Private Banking & Financial Industry Experience at Credit Suisse, Societe Generale, Indosuez Wealth Management & EFG Bank

18th March 2026 | Hong Kong

EFG Bank Head of Private Banking & Head of the Middle East Francois R. Farjallah has joined Switzerland private wealth management firm JAR Capital Group as Vice Chairman (5/3/26).  Francois R. Farjallah has more than 30 years private banking & financial industry experience at Credit Suisse, Societe Generale, Indosuez Wealth Management & EFG Bank.  Announcement (16/3/26): “JAR Capital Group, a Swiss headquartered holding company bringing together independent wealth management firms, today announced the appointment of Francois R. Farjallah as Vice Chairman of the Board of Directors, effective 05.03.2026. The appointment strengthens 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.  Francois joins JAR Capital Group from EFG Bank AG, where he served as Head of Private Banking and Head of the Middle East from 2021 to 2025. Prior to EFG, Francois 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 Chief Executive Officer of the bank in Greece and Head of the Near East and Mediterranean, as well as Head of Wealth Management and Deputy Chief Executive Officer in Luxembourg. He began his career at Credit Suisse, where he spent nine years across investment banking, risk, and private banking relationship management, ultimately establishing the bank’s Lebanon subsidiary as Board Member and General Manager.  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. He is a member of YPO and serves on the Board and Membership Committee of YPO Europe One.  As Vice Chairman, Francois will support the Chairman on matters of strategy, risk oversight, and capital allocation at 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.”  In 2025 July, JAR Capital Group bought Singapore-based MFO (Multi-Family Office) Lyra Capital to merge into Singapore-based JAR Wealth Management with combined $1 billion AUM.  Lyra Capital was founded in 2007.  JAR Wealth Management was founded in 2022.  JAR Capital Group was founded in 2016 by ex-UBS & Credit Suisse Gerald de Senger.  Lyra Capital – Lyra Capital is a financial advisory firm established and regulated in Singapore since 2007. A pioneer in the region, we started with the purpose of offering more to fewer— Since then, we have grown organically, only onboarding clients we can serve genuinely and sustainably. As such, our clients base only doubled while their assets with us have expanded over 5x. The company is owned by its management team and a Japanese institutional fund manager based in Tokyo. Together we bring you expertise, clarity and responsiveness. Wherever you choose to be.  

“ EFG Bank Head of Private Banking & Head of the Middle East Francois R. Farjallah Joins Switzerland Private Wealth Management Firm JAR Capital Group as Vice Chairman (5/3/26), 30 Years Private Banking & Financial Industry Experience at Credit Suisse, Societe Generale, Indosuez Wealth Management & EFG Bank “

 



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Gerald de Senger, Chairman and Founder of JAR Capital Group: “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.  His appointment reflects our commitment to institutional governance as we scale our business.”

Samer Hanna, Group Shareholder and Board Member, JAR Capital Group: “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.”

Francois R. Farjallah: “JAR Capital Group has made deliberate choices about how to grow, where to be present, and how to govern that presence. Those choices reflect a long-term view of what sophisticated international clients need. I joined the board because I share that view, and because the work ahead is substantive.”

 

 

JAR Capital Group – JAR Capital Group is a Swiss holding company that brings together independent wealth management firms based in Geneva, Dubai, Singapore, and Monaco. Each affiliated firm operates autonomously, holds its own regulatory authorization, and conducts client-facing wealth management activities in accordance with its applicable laws and licensing conditions under its local regulator.  The JAR Capital Group name reflects a shared commercial identity and common ownership and governance standards. Each firm’s investment decisions, client relationships, and operational governance remain the full responsibility of its own management team and local regulatory framework. Across Europe, the Middle East, and Asia, the affiliated firms serve UHNW (Ultra-High- Net-Worth) individuals, family office principals, and institutional clients. Services include discretionary portfolio management, advisory mandates, alternative investments, real estate and private equity access, and family office solutions, each delivered within the regulatory perimeter of the relevant jurisdiction.

Francois R. Farjallah – Francois R. Farjallah is a Swiss-Lebanese national and senior banking executive with over 30 years of experience in global private banking. He has held leadership positions at EFG Bank, CA Indosuez Wealth Management, Société Générale Private Banking, and Credit Suisse, with particular expertise in the Middle East and European markets. He holds an Executive MBA from Carnegie Mellon University, an MBA from HEC Geneva, and a degree in corporate governance from IMD, with executive education credentials from Harvard Business School, INSEAD, and Stanford.

 

 

Switzerland Private Wealth Management Firm JAR Capital Group Buys Singapore-Based MFO Lyra Capital to Merge into Singapore-Based JAR Wealth Management with Combined $1 Billion AUM, Lyra Capital Founded in 2007, JAR Wealth Management Founded in 2022, JAR Capital Group Founded in 2016 by ex-UBS & Credit Suisse Gerald de Senger

Singapore | Leading financial centre in Asia

17th July – Switzerland private wealth management firm JAR Capital Group has bought Singapore-based MFO (Multi-Family Office) Lyra Capital to merge into Singapore-based JAR Wealth Management with combined $1 billion AUM.  Lyra Capital was founded in 2007.  JAR Wealth Management was founded in 2022.  JAR Capital Group was founded in 2016 by ex-UBS & Credit Suisse Gerald de Senger.  Lyra Capital – Lyra Capital is a financial advisory firm established and regulated in Singapore since 2007. A pioneer in the region, we started with the purpose of offering more to fewer— Since then, we have grown organically, only onboarding clients we can serve genuinely and sustainably. As such, our clients base only doubled while their assets with us have expanded over 5x. The company is owned by its management team and a Japanese institutional fund manager based in Tokyo. Together we bring you expertise, clarity and responsiveness. Wherever you choose to be.  JAR Capital – Founded in Switzerland by Gérald de Senger, JAR Capital is an independent private wealth management firm, fully owned by our employees and strategic investors, ensuring complete autonomy in our approach.  Each entity within our group is regulated by the financial authorities in the countries where we operate.  Our unwavering commitment to confidentiality, security, and ethics guides every action we take, allowing us to provide personalized and tailored advice to our clients. We value excellence and trust, placing their unique needs at the heart of our strategic decisions.  JAR (Switzerland) SA is regulated by the Swiss Financial Market Supervisory Authority (FINMA) and duly authorized to act as financial intermediary according to Art. 2 para. 2 let. a.bis Anti-Money Laundering Act (AMLA). The firm is affiliated to the Swiss Association of Asset Managers, member of the Sustainable Finance Geneva.  JAR Wealth Management Pte. Ltd (202126007D) is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Market Services (CMS) licence to conduct fund management activities regulated under the Securities and Futures Act (SFA).  JAR Capital (DIFC) Ltd is regulated by the Dubai Financial Services Authority (DFSA) under Reference No. F006774, and registered in the Dubai International Financial Centre (DIFC) and holds a Category 3C licence.  Gérald de Senger  – Gérald de Senger began his Private Banking career in 1995 with Credit Suisse and held various senior and managerial positions notably in Geneva, Cairo, Beirut and Bombay.  Respected, competitive, and result-oriented, Gérald opened JAR Switzerland S.A. in 2016, JAR Wealth Management Pte. Ltd. Singapore in August 2022 and JAR Capital DIFC Ltd. Dubaï in August 2022.  Gérald is the Founder and Chairman.




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