Exported SVGs with Image from Figama, Doesnt show the embeded image on illustrator.

Judging by the description of the project (headshot images with drop shadow effects applied) it sounds like it would have been better to do the work in Illustrator, or even Photoshop and perhaps export PNG images of the end result. I don't understand why the client wants SVG files of what sounds like embellished photo images.

The SVG format has a number of limitations; I don't really like it for mixing raster and vector-based elements. The flavors of SVG meant for displaying graphics in web pages are not very friendly to further editing. It's possible to get by using such SVG files if the graphics elements are all vector-based and simple in appearance (flat color fills, no effects). Anything more complicated will invite trouble. I get headaches having to deal with SVG files from customers that were exported from Canva. About 95% of the time I have to ask them for a "PDF for Print" file instead (and even that will be far from perfect).

The images are probably not embedded in the SVG code.

ALso Illustrator is probably not able to convert the drop shadow to its own drop shadow.