Lubna Olayan speaks at the 2010 World Economic Forum in Davos. See Photos. While all four siblings are Olayan Group board members, sisters Lubna and Hutham are its most visible public faces. Now the CEO of the company founded by her father in 1947, the most powerful businesswoman in Saudi Arabia, oversees over 40 enterprises under the family … Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان) is a Saudi business woman. Lubna Olayan has been actively contributing towards education and betterment of women. Olayan and her American husband, John Xefos, had just returned … Lubna is the CEO of Olayan Financing Company, a holding entity of Olayan Group in the Middle East and Saudi Arabia. In 2014, Olayan was ranked as Forbes’86th … Add to myFT Digest. Lubna Olayan was once the only woman at a 4,000-employee company; now she's helping other Saudi women enter the workforce. Lubna Olayan is a powerful businesswoman in Saudi Arabia, known across the world for her high-end business acumen. Lubna Olayan started her career as a Entrepreneur from an early age. Lubna S. Olayan is the CEO and Deputy Chairman of Olayan Financing Company (OFC), the holding company through which The Olayan Group’s trading, real estate, investment, consumer … It is thought that the private family has accumulated a fortune that tops $10 billion. The group was founded in 1947 by her fa… Although the father and daughter had a very warm relationship, they were determined to maintain a professional relationship at office. She is a member of the International Business Council of the World Economic Forum, and the International Advisory Board of the Council on Foreign Relations, which she joined in November and December 2005 respectively. Find the perfect Lubna Al Olayan stock photos and editorial news pictures from Getty Images. Olayan was the Chief Executive Officer of the Olayan Financing Company, and (OFC), the holding entity for the Olayan Group's operations in the Kingdom of Saudi Arabia and the Middle Eastuntil May 1st 2019, when she was replaced by Jonathan Franklin. or. This may include any local, state, and federal court documents, sensitive legal information and any litigation Lubna … Lubna Al-Olayan. Her mother was Mary P. Olayan, and father was Suliman Olayan, who himself was a powerful business leader and the founder of the Olayan Group. Lubna Al Olayan has just been announced as the chair of the new company, which is being formed from a merger between the Saudi British Bank and Alawwal Bank, BBC reports. The Olayan family itself is thought to be worth around $12.4 billion. Add this topic to your myFT Digest for news straight to your inbox. Lubna Suliman Olayan is a Saudi business woman. Tony Kutayli, a spokesman for Olayan Group, disputed the valuation and declined to provide further details. Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان) is a Saudi business woman. ", "Saudi Arabia: Steps toward democratization or reconfiguration of authoritarianism? Away from her corporate life, Lubna is married to John Xefos, who is an international attorney based in Riyadh. Her mother was Mary P. Olayan, and father was Suliman Olayan, who himself was a powerful business leader and the founder of the Olayan Group. See Photos. Select from premium Lubna Al Olayan of the highest quality. [10][11][12], Olayan also served on the Board of Chelsfield plc, the UK property developer, from 1996 to 2004. In 1983, when she joined her father’s business, the company had 4000 employees, but still she was the first female to work in the company. In 2005, she became the non-executive director of WPP, and in 2004, she was appointed as a board member of Saudi Hollandi Bank. Lubna Olayan was born in 1975 in Saudi Arabia, Saudi Arabia and is currently 64 years old. Currently, Lubna Olayan … Ms. Olayan will remain a key member of the Group’s Corporate Board of Directors, Shareholders’ Board, and Olayan Family … Lubna was born in 1955 in Saudi Arabia. It was April 15, 1983, when she and her father sat down to dinner in Riyadh. In June 2018, she was elected as a member of the MIT Corporation.[16]. The group was founded in 1947 by her father, the late entrepreneur Sulaiman S. Olayan, The Olayan Group is a private multinational enterprise engaged in distribution, manufacturing, services and investments. Top 75 Family Business Leaders 2019: Emerging Markets. [2][3], Olayan was the Chief Executive Officer of the Olayan Financing Company, and[4] (OFC), the holding entity for the Olayan Group's operations in the Kingdom of Saudi Arabia and the Middle East until May 1st 2019, when she was replaced by Jonathan Franklin. OFC operates or actively participates in more than 40 companies, often in partnership with leading multinationals. … Lubna Olayan is a Board Member. Suliman’s daughter, Lubna Olayan, has served as the deputy chair of Alawwal Bank since 2014. In 2010, Lubna was awarded Cornell Entrepreneur of the year award, and in 2014, Forbes listed her among top 100 most powerful women across the globe. Currently, Lubna Olayan is one of the wealthiest painter in her country. Her business is one of the biggest investors in regional and Saudi stock markets. C.E.O at Olayan Financing Company. Born in the early 1950s in Gassim, Saudi Arabia, she rose to be one of the most powerful women in the world. Considered to be one of the most influential businesswomen in the world; as was listed as one of the top 100 most influential people of 2005 by Time magazine and has continued to be on the Forbes list of most powerful women till 2011. Born to Sulaiman Olayan and Maryam bint Jassim Al Abdulwahab, Olayan was listed as one of the top 100 most influential people of 2005 by Time magazine, and continued to be on the Forbes list of most powerful women until 2011 and returned to the list in 2014. We are an international investor, strategic partner, and operator in selected sectors. Mrs. Olayan … Lubna Olayan Add to myFT. Lubna Olayan is a popular and worldwide recognized Entrepreneur. Lubna Olayan… She is one of the most powerful women in the world, and is working to bring other Saudi Arab women into powerful positions as well. In 2004, she established Olayan National Women’s Action for Recruitment & Development, in which women are trained and recruited in a wide range of professions. She is the former CEO of the Olayan Financing Company and sits on the Group’s board. Born to Sulaiman Olayan and Maryam bint Jassim Al Abdulwahab, Olayan was listed as one of … Established in 1947, the Olayan Group began as a logistics firm, but has grown into a vast conglomerate that owns over … [1] In 2004, Olayan was the first woman in Saudi history to deliver an opening keynote address at a major conference in Saudi Arabia; at the Jeddah Economic Forum in January 2004. A member of the wealthiest family in the Middle East, she is CEO of Olayan Financing, a diversified conglomerate founded by her father in 1947. Lubna Suliman Al-Olayan is a businessperson who has been at the helm of 6 different companies. [13] As of 2014, she is listed as the 86th most powerful woman in the world by Forbes. She is reportedly considering issuing … Born to Sulaiman Olayan and Maryam bint Jassim Al Abdulwahab, Olayan was listed as one of the top 100 most influential people of 2005 by Time magazine, and continued to be on the Forbes list of most powerful women until 2011 and returned to the list in 2014. This may include any local, state, and federal court documents, sensitive legal information and any litigation Lubna may have been involved in. Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان ) is a Saudi business woman. Today, she is helping hundreds of women to join her workforce and reach top managerial positions. In April 2019, Olayan announced her retirement as CEO of Olayan Financing Company. Lubna Olayan is a member of the Olayan family, who are no. Dammam, Saudi Arabia. Lubna Olayan is a popular and worldwide recognized Entrepreneur. In 2019, she became the first woman in Saudi Arabia to run a publicly-traded bank as the chairwoman of the Saudi British Bank. A Saudi businesswoman, she is the youngest daughter of the late Sulaiman Olayan … The Olayan family, which controls one of Saudi Arabia's largest conglomerates, is considering listing at least 30 percent of its Saudi business in a sale that could value the company at … She is married to John Xefos, an international attorney from the United States, and they have three daughters all residing in Riyadh, Saudi Arabia. Suliman Olayan was born in 1918 into a merchant family in Unayzah, an oasis town located in north-central Saudi Arabia. The estimated Net Worth of Lubna S. Olayan is at least $825 Thousand dollars as of 31 May 2016. Lubna Olayan was born in 1975 in Saudi Arabia, Saudi Arabia and is currently 64 years old. Lubna Olayan. ", "Revealed: Lubna Olayan Retires as CEO of Olayan Financing Co.; Jonathan Franklin Named New CEO", Lubna Olayan Retires as CEO of Olayan Financing Co.; Jonathan Franklin Named New CEO, Lubna Olayan first Saudi woman to chair bank in Saudi Arabia, "Mrs. Lubna S. Olayan | Biographies | KAUST", SABB names Lubna Olayan as new chairperson, Lubna Al Olayan appointed as first woman Saudi bank head, Lubna Olayan, first Saudi woman to chair merged SABB, Alawwal Bank, Saudi British Bank appoints Lubna Olayan as chairwoman for three-year term, Lubna Olayan takes chair of Saudi British Bank, "Lubna Olayan named Cornell Entrepreneur of the year 2010", CU honors Lubna Olayan as 25th Entrepreneur of the Year, MIT Corporation elects 10 term members, two life members, https://en.wikipedia.org/w/index.php?title=Lubna_Olayan&oldid=997595596, 20th-century Saudi Arabian businesspeople, 21st-century Saudi Arabian businesspeople, Creative Commons Attribution-ShareAlike License, "A Saudi Vision for Growth" - 2004 speech at the Jeddah Economic Forum, This page was last edited on 1 January 2021, at 09:02. Olayan has served on the Board of Trustees of the "Arab Thought Foundation," a think tank based in Beirut focusing on issues facing the Arab world, since January 2002. Currently the head of a family business, Ms Olayan is a trailblazing figure in the finance industry. Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان) is a Saudi business woman. Between 1994 and 2004, she also served as a board member of the Chelsfield plc. Presently, she occupies the position of Chairman at The Saudi British Bank, Chairman at Alawwal Bank (a subsidiary of The Saudi British Bank), Chairman at Soma Bay Development Co. SAE and Director & Principal at Olayan … She also sits on the board of the group along with her brother Khaled and sisters Hayat and Hutham. Lubna was born in 1955 in Saudi Arabia. Lubna Olayan started her career as a Entrepreneur from an early age. A pioneering woman leader in the Middle East, Olayan has helmed her family’s Saudi Arabia-based conglomerate since 2003. She also sits on the board of the group along with her brother Khaled and sisters Hayat and Hutham. [5], In February 2005, Olayan was appointed as a non-executive director to the Board of WPP, and in December 2004, was elected to sit on the Board of the Saudi Hollandi Bank (now Alawwal Bank),[6] a publicly listed company in Saudi Arabia. [9] She was reappointed in January 2020 to serve a three year term, and assumed to hold to the position after the merger between SABB and Alawwal Bank. Lubna Olayan. If applicable, further details may be provided. Find your friends on Facebook. Effective May 1, Lubna Olayan will retire as CEO of Olayan Financing Company (OFC), the Group’s Riyadh-based investment arm and holding company for the Middle East. Born to Sulaiman Olayan and Maryam bint Jassim Al Abdulwahab, Olayan was listed as one of … Olayan started working in the Olayan Group under her father’s guidance and leadership in 1983. Olayan, 59, helps manage 40 closely held companies and joint ventures as well as more than $4.4 billion in publicly traded … Select from premium Lubna Al Olayan of the highest quality. She served as Chief Executive Officer of the Olayan Financing Company (“OFC”), a subsidiary and the holding entity for the Olayan Group’s operations in the Middle East. [7], On 16 June 2019, Olayan was named Chairwoman of the Saudi British Bank (SABB),[8] making her the first Saudi woman to head a bank. Lubna Suleiman al-Olayan is a Saudi woman of remarkable achievements. Suliman’s daughter, Lubna Olayan, has served as the deputy chair of Alawwal Bank since 2014. She values education, and has been honored by a number of educational institutions as well. Born in the early 1950s in Gassim, Saudi Arabia, she rose to be one of the most powerful women in the world. CampdenFB celebrates this month the 75 leading lights in the family business and family … one of the top 100 most influential people of 2005, King Abdullah University for Science and Technology, "The Saudi Royal Family: What Is Going On? Among these figures is the Saudi businesswoman, Lubna Al-Olayan. She … Upon her return to the kingdom, Lubna joined her family business, Olayan Financing, and was the only woman to do so. In 2006, she joined the international advisory board of Rolls Royce, and that of Citigroup in 2007. She recruits fresh recruits in her own company, and encourage them to reach top managerial positions in the business. October 14, 2019 . In 2010, she was awarded the Cornell Entrepreneur of the Year. She is also a board member at Alfanar,[15] the first venture philanthropy organization focusing on the Arab Region founded by Tarek Ben Halim in 2004. The multi-billion dollar group is wide-ranging, with its 40 … Lubna Suleiman al-Olayan is a Saudi woman of remarkable achievements. Alongside Suleiman’s widow Mary, the four children — Khaled, Hayat, Hutham and Lubna — share the group’s multibillion dollar fortune. Saudi Arabia is negotiating commitments from its wealthiest citizens to buy stock in the Aramco initial public offering, from the Olayan family and Prince Alwaleed Bin Talal to … It was April 15, 1983, when she and her father sat down to dinner in Riyadh. Lubna Olayan remembers the date. The merchant families of Unayzah played a vital role in opening central Arabia to trade with the outside world. She did not get a first female colleague until 18 years from then. It is a descendant of the famous Olayan family, which is considered one of the Ms. Olayan owns over 1,500 units of Schlumberger stock worth over $498,200 … Olayan was elected to the Board of the Down Syndrome Charitable Association in June 2005, a not-for-profit organization based in Riyadh. Check Full Background Profile to see if Lubna has lawsuits, liens, evictions or bankruptcies. The Olayan Group is a private, multinational enterprise. Check Full Background Profile to see if Lubna has lawsuits, liens, evictions or bankruptcies. Lubna Olayan is one of Saudi Arabia’s most influential businesswomen, making her Marcopolis’ #4 most powerful businessperson in the Kingdom. Sign Up. Financial Analyst. The Group does business in markets from Asia to the … Suliman Olayan died in 2002. People named Lubna Olayan. For centuries, Unayzah had been a haven for caravans venturing … OFC is also one of the largest investors in the Saudi and regional stock markets. In addition to her business operations, she is functional in empowering communities and supporting non-governmental organizations too across the globe. Considered to be one of the most influential businesswomen in the … Log In. In 2014, Olayan was ranked as Forbes’86th Most Powerful Woman in the world. Suliman Olayan was born in 1918 into a merchant family in Unayzah, an oasis town located in north-central Saudi Arabia. She was also appointed to the Board of Trustees of King Abdullah University for Science and Technology (KAUST). [14] Olayan also joined the Advisory Board of Effat College, a private and non-profit girls college in Jeddah, Saudi Arabia, in April 2006. She is the former CEO of the Olayan Financing Company and sits on … She is also a board member of the Olayan Group. With her business, she is involved in distribution, services, investments and manufacturing on a multi-national level. For centuries, Unayzah had been a haven for caravans venturing across the Najd, Saudi Arabia's heartland. [1], In terms of education and philanthropy, Olayan joined the Board of Directors of INSEAD in December 2005, and has been a member of its International Council since March 1997. Lubna Olayan is one of Saudi Arabia’s most influential businesswomen, making her Marcopolis’ #4 most powerful businessperson in the Kingdom. It is thought that the private family has accumulated a fortune that tops $10 billion. They have three daughters, Sarah, Serene, and Talia, with whom they live in Riyadh, Saudi Arabia. Lubna Suliman Olayan is a Saudi business woman. Log in or sign up for Facebook to connect with friends, family and people you know. Currently, she is serving as the CEO of Olayan Financing Company, and she oversees operations of many more international firms as well. Among these figures is the Saudi businesswoman, Lubna Al-Olayan. In September 2006 and April 2007, she joined the International Advisory Boards of Rolls-Royce and Citigroup, respectively. Find the perfect Lubna Al Olayan stock photos and editorial news pictures from Getty Images. Lubna Olayan remembers the date. In April 2007, she was elected as a member of the Board of Trustees for Cornell University. Born to Suliman Olayan and Maryam bint Jassim Al Abdulwahab. Suliman Olayan died in 2002. It is a descendant of the famous Olayan family, which is considered one of the She holds bachelor’s degree in Agriculture from the Cornell University, and an MBA from Indiana University. 9 in Arabian Business's list of the World's Richest Arabs this year. Born to Suliman Olayan and Maryam bint Jassim Al Abdulwahab. Daughters, Sarah, Serene, and encourage them to reach top managerial positions Bank since 2014 non-governmental organizations across! Until 18 years from then Saudi stock markets and Technology ( KAUST ) democratization reconfiguration! 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