Born to Suliman Olayan and Maryam bint Jassim Al Abdulwahab. Suliman’s daughter, Lubna Olayan, has served as the deputy chair of Alawwal Bank since 2014. Lubna Suliman Al-Olayan is a businessperson who has been at the helm of 6 different companies. See Photos. They have three daughters, Sarah, Serene, and Talia, with whom they live in Riyadh, Saudi Arabia. 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. Olayan, 59, helps manage 40 closely held companies and joint ventures as well as more than $4.4 billion in publicly traded … She recruits fresh recruits in her own company, and encourage them to reach top managerial positions in the business. Although the father and daughter had a very warm relationship, they were determined to maintain a professional relationship at office. While all four siblings are Olayan Group board members, sisters Lubna and Hutham are its most visible public faces. 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. 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. For centuries, Unayzah had been a haven for caravans venturing … She … 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. October 14, 2019 . Lubna Olayan. In 2006, she joined the international advisory board of Rolls Royce, and that of Citigroup in 2007. 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. The multi-billion dollar group is wide-ranging, with its 40 … Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان) is a Saudi business woman. CampdenFB celebrates this month the 75 leading lights in the family business and family … Born in the early 1950s in Gassim, Saudi Arabia, she rose to be one of the most powerful women in the world. 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. She is reportedly considering issuing … A Saudi businesswoman, she is the youngest daughter of the late Sulaiman Olayan … Among these figures is the Saudi businesswoman, Lubna Al-Olayan. She holds bachelor’s degree in Agriculture from the Cornell University, and an MBA from Indiana University. For centuries, Unayzah had been a haven for caravans venturing across the Najd, Saudi Arabia's heartland. or. She also sits on the board of the group along with her brother Khaled and sisters Hayat and Hutham. Currently, Lubna Olayan … Lubna Olayan is a member of the Olayan family, who are no. Lubna Olayan remembers the date. Suliman Olayan was born in 1918 into a merchant family in Unayzah, an oasis town located in north-central Saudi Arabia. In 2014, Olayan was ranked as Forbes’86th Most Powerful Woman in the world. OFC is also one of the largest investors in the Saudi and regional stock markets. Sign Up. 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. Lubna Suliman Olayan is a Saudi business woman. Lubna Olayan was once the only woman at a 4,000-employee company; now she's helping other Saudi women enter the workforce. In 2005, she became the non-executive director of WPP, and in 2004, she was appointed as a board member of Saudi Hollandi Bank. In 2014, Olayan was ranked as Forbes’86th … 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 … … Lubna Olayan remembers the date. Her business is one of the biggest investors in regional and Saudi stock markets. Olayan was elected to the Board of the Down Syndrome Charitable Association in June 2005, a not-for-profit organization based in Riyadh. 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. It is thought that the private family has accumulated a fortune that tops $10 billion. Suliman Olayan was born in 1918 into a merchant family in Unayzah, an oasis town located in north-central Saudi Arabia. Mrs. 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 values education, and has been honored by a number of educational institutions as well. Lubna is the CEO of Olayan Financing Company, a holding entity of Olayan Group in the Middle East and Saudi Arabia. Check Full Background Profile to see if Lubna has lawsuits, liens, evictions or bankruptcies. See Photos. Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان ) is a Saudi business woman. [10][11][12], Olayan also served on the Board of Chelsfield plc, the UK property developer, from 1996 to 2004. Olayan and her American husband, John Xefos, had just returned … Ms. Olayan will remain a key member of the Group’s Corporate Board of Directors, Shareholders’ Board, and Olayan Family … Away from her corporate life, Lubna is married to John Xefos, who is an international attorney based in Riyadh. [14] Olayan also joined the Advisory Board of Effat College, a private and non-profit girls college in Jeddah, Saudi Arabia, in April 2006. The merchant families of Unayzah played a vital role in opening central Arabia to trade with the outside world. Lubna Olayan is a powerful businesswoman in Saudi Arabia, known across the world for her high-end business acumen. 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 … The estimated Net Worth of Lubna S. Olayan is at least $825 Thousand dollars as of 31 May 2016. Check Full Background Profile to see if Lubna has lawsuits, liens, evictions or bankruptcies. Log in or sign up for Facebook to connect with friends, family and people you know. People named Lubna Olayan. The group was founded in 1947 by her fa… In September 2006 and April 2007, she joined the International Advisory Boards of Rolls-Royce and Citigroup, respectively. She also sits on the board of the group along with her brother Khaled and sisters Hayat and Hutham. She was also appointed to the Board of Trustees of King Abdullah University for Science and Technology (KAUST). She is also a board member of the Olayan Group. Lubna was born in 1955 in Saudi Arabia. The Olayan Group is a private, multinational enterprise. Olayan started working in the Olayan Group under her father’s guidance and leadership in 1983. This may include any local, state, and federal court documents, sensitive legal information and any litigation Lubna may have been involved in. Ms. Olayan owns over 1,500 units of Schlumberger stock worth over $498,200 … Suliman Olayan died in 2002. Lubna Olayan is a Board Member. Lubna Olayan speaks at the 2010 World Economic Forum in Davos. Considered to be one of the most influential businesswomen in the … 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. [13] As of 2014, she is listed as the 86th most powerful woman in the world by Forbes. It is thought that the private family has accumulated a fortune that tops $10 billion. Find your friends on Facebook. Lubna Suleiman al-Olayan is a Saudi woman of remarkable achievements. Lubna Olayan started her career as a Entrepreneur from an early age. Add to myFT Digest. Lubna Olayan is one of Saudi Arabia’s most influential businesswomen, making her Marcopolis’ #4 most powerful businessperson in the Kingdom. The Group does business in markets from Asia to the … Select from premium Lubna Al Olayan of the highest quality. 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. Lubna was born in 1955 in Saudi Arabia. A pioneering woman leader in the Middle East, Olayan has helmed her family’s Saudi Arabia-based conglomerate since 2003. She is married to John Xefos, an international attorney from the United States, and they have three daughters all residing in Riyadh, Saudi Arabia. Lubna Olayan has been actively contributing towards education and betterment of women. 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. Lubna Olayan… 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. It is a descendant of the famous Olayan family, which is considered one of the [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. The Olayan family itself is thought to be worth around $12.4 billion. [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. Between 1994 and 2004, she also served as a board member of the Chelsfield plc. C.E.O at Olayan Financing Company. She is the former CEO of the Olayan Financing Company and sits on the Group’s board. Established in 1947, the Olayan Group began as a logistics firm, but has grown into a vast conglomerate that owns over … ", "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. Add this topic to your myFT Digest for news straight to your inbox. In 2010, she was awarded the Cornell Entrepreneur of the Year. ", "Saudi Arabia: Steps toward democratization or reconfiguration of authoritarianism? Find the perfect Lubna Al Olayan stock photos and editorial news pictures from Getty Images. 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. 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 … 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 … [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. Suliman’s daughter, Lubna Olayan, has served as the deputy chair of Alawwal Bank since 2014. Currently the head of a family business, Ms Olayan is a trailblazing figure in the finance industry. Tony Kutayli, a spokesman for Olayan Group, disputed the valuation and declined to provide further details. Top 75 Family Business Leaders 2019: Emerging Markets. Find the perfect Lubna Al Olayan stock photos and editorial news pictures from Getty Images. Suliman Olayan died in 2002. It was April 15, 1983, when she and her father sat down to dinner in Riyadh. 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. Born in the early 1950s in Gassim, Saudi Arabia, she rose to be one of the most powerful women in the world. Born to Suliman Olayan and Maryam bint Jassim Al Abdulwahab. 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. Dammam, Saudi Arabia. Lubna Olayan was born in 1975 in Saudi Arabia, Saudi Arabia and is currently 64 years old. Lubna Al-Olayan. Born to Sulaiman Olayan and Maryam bint Jassim Al Abdulwahab, Olayan was listed as one of … Lubna Olayan is one of Saudi Arabia’s most influential businesswomen, making her Marcopolis’ #4 most powerful businessperson in the Kingdom. It is a descendant of the famous Olayan family, which is considered one of the Born to Sulaiman Olayan and Maryam bint Jassim Al Abdulwahab, Olayan was listed as one of … If applicable, further details may be provided. Today, she is helping hundreds of women to join her workforce and reach top managerial positions. 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. Select from premium Lubna Al Olayan of the highest quality. With her business, she is involved in distribution, services, investments and manufacturing on a multi-national level. She did not get a first female colleague until 18 years from then. Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان) is a Saudi business woman. She is the former CEO of the Olayan Financing Company and sits on … Alongside Suleiman’s widow Mary, the four children — Khaled, Hayat, Hutham and Lubna — share the group’s multibillion dollar fortune. 9 in Arabian Business's list of the World's Richest Arabs this year. Currently, Lubna Olayan is one of the wealthiest painter in her country. In 2019, she became the first woman in Saudi Arabia to run a publicly-traded bank as the chairwoman of the Saudi British Bank. 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? This may include any local, state, and federal court documents, sensitive legal information and any litigation Lubna … Lubna Olayan was born in 1975 in Saudi Arabia, Saudi Arabia and is currently 64 years old. Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان) is a Saudi business woman. Among these figures is the Saudi businesswoman, 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. In addition to her business operations, she is functional in empowering communities and supporting non-governmental organizations too across the globe. Currently, she is serving as the CEO of Olayan Financing Company, and she oversees operations of many more international firms as well. 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. Lubna Olayan is a popular and worldwide recognized Entrepreneur. Upon her return to the kingdom, Lubna joined her family business, Olayan Financing, and was the only woman to do so. [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. In April 2019, Olayan announced her retirement as CEO of Olayan Financing Company. [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. Log In. OFC operates or actively participates in more than 40 companies, often in partnership with leading multinationals. Lubna Olayan. It was April 15, 1983, when she and her father sat down to dinner in Riyadh. Financial Analyst. Lubna Olayan is a popular and worldwide recognized Entrepreneur. Lubna Suleiman al-Olayan is a Saudi woman of remarkable achievements. Lubna Olayan started her career as a Entrepreneur from an early age. [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 Add to myFT. In April 2007, she was elected as a member of the Board of Trustees for Cornell University. Lubna Suliman Olayan is a Saudi business woman. 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