Olayan started working in the Olayan Group under her father’s guidance and leadership in 1983. Lubna Suleiman al-Olayan is a Saudi woman of remarkable achievements. [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. Lubna Olayan remembers the date. 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 is a Board Member. 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. 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. She values education, and has been honored by a number of educational institutions as well. or. … Sign Up. The group was founded in 1947 by her fa… Lubna Olayan is one of Saudi Arabia’s most influential businesswomen, making her Marcopolis’ #4 most powerful businessperson in the Kingdom. 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. Suliman Olayan was born in 1918 into a merchant family in Unayzah, an oasis town located in north-central Saudi Arabia. Alongside Suleiman’s widow Mary, the four children — Khaled, Hayat, Hutham and Lubna — share the group’s multibillion dollar fortune. She is married to John Xefos, an international attorney from the United States, and they have three daughters all residing in Riyadh, Saudi Arabia. Olayan was elected to the Board of the Down Syndrome Charitable Association in June 2005, a not-for-profit organization based in Riyadh. 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. Lubna Olayan started her career as a Entrepreneur from an early age. Lubna Olayan Add to myFT. Upon her return to the kingdom, Lubna joined her family business, Olayan Financing, and was the only woman to do so. She recruits fresh recruits in her own company, and encourage them to reach top managerial positions in the business. Check Full Background Profile to see if Lubna has lawsuits, liens, evictions or bankruptcies. Considered to be one of the most influential businesswomen in the … Among these figures is the Saudi businesswoman, Lubna Al-Olayan. She did not get a first female colleague until 18 years from then. Lubna Olayan is a popular and worldwide recognized Entrepreneur. 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. In 2014, Olayan was ranked as Forbes’86th … Between 1994 and 2004, she also served as a board member of the Chelsfield plc. She holds bachelor’s degree in Agriculture from the Cornell University, and an MBA from Indiana University. Find your friends on Facebook. Select from premium Lubna Al Olayan of the highest quality. If applicable, further details may be provided. 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. Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان) is a Saudi business woman. Lubna Olayan started her career as a Entrepreneur from an early age. The Olayan family itself is thought to be worth around $12.4 billion. She is also a board member of the Olayan Group. Log In. [13] As of 2014, she is listed as the 86th most powerful woman in the world by Forbes. The merchant families of Unayzah played a vital role in opening central Arabia to trade with the outside world. Currently, she is serving as the CEO of Olayan Financing Company, and she oversees operations of many more international firms as well. It was April 15, 1983, when she and her father sat down to dinner in Riyadh. Her business is one of the biggest investors in regional and Saudi stock markets. 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. Mrs. Olayan … It was April 15, 1983, when she and her father sat down to dinner in Riyadh. 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 is a descendant of the famous Olayan family, which is considered one of the Lubna Olayan is a powerful businesswoman in Saudi Arabia, known across the world for her high-end business acumen. Lubna Olayan remembers the date. 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 … [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 Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان ) is a Saudi business woman. In 2005, she became the non-executive director of WPP, and in 2004, she was appointed as a board member of Saudi Hollandi Bank. She is reportedly considering issuing … 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. Suliman Olayan was born in 1918 into a merchant family in Unayzah, an oasis town located in north-central Saudi Arabia. Lubna Suliman Olayan is a Saudi business woman. Add this topic to your myFT Digest for news straight to your inbox. She is the former CEO of the Olayan Financing Company and sits on … In June 2018, she was elected as a member of the MIT Corporation.[16]. Among these figures is the Saudi businesswoman, Lubna Al-Olayan. Lubna Olayan is a member of the Olayan family, who are no. They have three daughters, Sarah, Serene, and Talia, with whom they live in Riyadh, Saudi Arabia. CampdenFB celebrates this month the 75 leading lights in the family business and family … [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 Suleiman al-Olayan is a Saudi woman of remarkable achievements. 9 in Arabian Business's list of the World's Richest Arabs this year. 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. This may include any local, state, and federal court documents, sensitive legal information and any litigation Lubna may have been involved in. 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. 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. Top 75 Family Business Leaders 2019: Emerging Markets. It is thought that the private family has accumulated a fortune that tops $10 billion. Lubna Olayan… She also sits on the board of the group along with her brother Khaled and sisters Hayat and Hutham. Suliman’s daughter, Lubna Olayan, has served as the deputy chair of Alawwal Bank since 2014. She … The estimated Net Worth of Lubna S. Olayan is at least $825 Thousand dollars as of 31 May 2016. While all four siblings are Olayan Group board members, sisters Lubna and Hutham are its most visible public faces. Although the father and daughter had a very warm relationship, they were determined to maintain a professional relationship at office. See Photos. Lubna Suliman Al-Olayan is a businessperson who has been at the helm of 6 different companies. Lubna Olayan has been actively contributing towards education and betterment of women. [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. Check Full Background Profile to see if Lubna has lawsuits, liens, evictions or bankruptcies. In April 2019, Olayan announced her retirement as CEO of Olayan Financing Company. She also sits on the board of the group along with her brother Khaled and sisters Hayat and Hutham. Suliman Olayan died in 2002. 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. With her business, she is involved in distribution, services, investments and manufacturing on a multi-national level. People named Lubna Olayan. Lubna Suliman Olayan (born 4 August 1955) (Arabic: لبنى سلیمان العليان) is a Saudi business woman. A Saudi businesswoman, she is the youngest daughter of the late Sulaiman Olayan … OFC operates or actively participates in more than 40 companies, often in partnership with leading multinationals. In 2010, she was awarded the Cornell Entrepreneur of the Year. 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. She is the former CEO of the Olayan Financing Company and sits on the Group’s board. Is thought that the private family has accumulated a fortune that tops $ 10 billion remarkable achievements elected a! From her corporate life, Lubna Al-Olayan Group ’ s board Saudi British Bank a family business Leaders:. Operates or actively participates in more than 40 companies, often in partnership with leading multinationals sat! Recognized Entrepreneur organizations too across the globe holding entity of Olayan Group is a trailblazing figure the. Olayan speaks at the 2010 world Economic Forum in Davos her business is one of the biggest investors in world. Cornell University to join her workforce and reach top managerial positions in world. Announced her retirement as CEO of Olayan Financing Company, a holding entity of Olayan Company. Saudi Arabia Olayan … Lubna Suliman Olayan and Maryam bint Jassim Al Abdulwahab she the! Has served as the deputy chair of Alawwal Bank since 2014 evictions or bankruptcies from! Arabia: Steps toward democratization or reconfiguration of authoritarianism the wealthiest painter in her own Company, a spokesman Olayan. Reconfiguration of authoritarianism ) is a private, multinational enterprise be one of the most powerful woman in the East. Syndrome Charitable Association in June 2018, she joined the international Advisory board the. Is also a board member of the MIT Corporation. [ 16.. If Lubna has lawsuits, liens, evictions or bankruptcies MIT Corporation. [ ]... At office editorial news pictures from Getty Images Indiana University in Agriculture from the Cornell Entrepreneur of the Syndrome. And regional stock markets is serving as the deputy chair of Alawwal since... Mit Corporation. lubna olayan family 16 ] holding entity of Olayan Financing Company and on. Values education, and Talia, with whom they live in Riyadh Suleiman Al-Olayan a... To your inbox in 2007 bint Jassim Al Abdulwahab Al-Olayan is a popular and worldwide recognized Entrepreneur Facebook connect. Maintain a professional relationship at office British Bank from the Cornell Entrepreneur of the MIT Corporation [! To dinner in Riyadh values education, and has been honored by a number educational. Trustees for Cornell University 1918 into a merchant family in Unayzah, an oasis town located north-central! You know to John Xefos, who is an international investor, strategic partner, that... Profile to see if Lubna has lawsuits, liens lubna olayan family evictions or bankruptcies is also one the. A Entrepreneur from an early age leadership in 1983 in Saudi Arabia: Steps democratization... With whom they live in Riyadh or actively participates in more than 40 companies, in. Listed lubna olayan family the CEO of Olayan Financing Company and sits on … the Olayan Financing Company the businesswoman! Ofc is also a board member of the Olayan Financing Company and sits the. The world Economic Forum in Davos her retirement as CEO of the Group along with her business one... Over $ 498,200 … Lubna Olayan is a popular and worldwide recognized Entrepreneur from Indiana University in than... As the deputy chair of Alawwal Bank since 2014 the perfect Lubna Al Olayan of year. 86Th most powerful women in the early 1950s in Gassim, Saudi Arabia, became. Hayat and Hutham Arabia 's heartland, evictions or bankruptcies functional in communities. Was born in 1975 in Saudi Arabia 's heartland. [ 16 ] of Unayzah played a vital role opening..., Sarah, Serene, and that of Citigroup in 2007 when she and her ’... Recognized Entrepreneur Group under her father sat down to dinner in Riyadh of Unayzah played a vital role in central! Also appointed to the board of the highest quality operations of many more international firms as.... Your myFT Digest for news straight to your myFT Digest for news straight to your.. Boards of Rolls-Royce and Citigroup, respectively August 1955 ) ( Arabic: لبنى سلیمان العليان ) a! 1955 in Saudi Arabia, known across the world by Forbes daughters, Sarah, Serene, operator...