Age, Biography and Wiki
Lubna Olayan is a Saudi Arabian businesswoman and philanthropist. She is the CEO of Olayan Financing Company, a multinational conglomerate with investments in the Middle East, Europe, and the United States. She is also the chairperson of the Olayan Group, a family-owned business that has been in operation since 1947.
Lubna was born in 1955 in Riyadh, Saudi Arabia. She is the daughter of Sulaiman Olayan, the founder of the Olayan Group. She attended the American University of Beirut, where she earned a degree in economics.
Lubna began her career in the banking industry in Saudi Arabia, working for the Saudi American Bank. She then moved to the United States, where she worked for Citibank in New York and then for Credit Suisse First Boston in London. In 1994, she returned to Saudi Arabia to become the CEO of Olayan Financing Company.
Lubna is a prominent figure in the Saudi business world and is a member of the board of directors of several companies, including Saudi Basic Industries Corporation (SABIC), the world’s largest publicly traded chemical company. She is also a member of the board of trustees of the King Abdullah University of Science and Technology (KAUST).
Lubna is a strong advocate for women’s rights and has been a vocal supporter of the Saudi government’s efforts to promote gender equality. She is also a philanthropist and has established the Olayan Charitable Foundation, which provides educational and health care opportunities to disadvantaged communities in Saudi Arabia.
Lubna is estimated to have a net worth of $2.5 billion.
| Popular As |
N/A |
| Occupation |
Business woman |
| Age |
69 years old |
| Zodiac Sign |
Leo |
| Born |
4 August 1955 |
| Birthday |
4 August |
| Birthplace |
Saudi Arabia |
| Nationality |
Saudi |
We recommend you to check the complete list of Famous People born on 4 August.
She is a member of famous with the age 69 years old group.
Lubna Olayan Height, Weight & Measurements
At 69 years old, Lubna Olayan height not available right now. We will update Lubna Olayan's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Lubna Olayan's Husband?
Her husband is John Xefos
| Family |
| Parents |
Not Available |
| Husband |
John Xefos |
| Sibling |
Not Available |
| Children |
Not Available |
Lubna Olayan Net Worth
Her net worth has been growing significantly in 2022-2023. So, how much is Lubna Olayan worth at the age of 69 years old? Lubna Olayan’s income source is mostly from being a successful . She is from Saudi. We have estimated
Lubna Olayan's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
|
Lubna Olayan Social Network
Timeline
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 East until May 1st 2019, when she was replaced by Jonathan Franklin. She also sits on the board of the group along with her brother Khaled and sisters Hayat and Hutham. It is thought that the private family has accumulated a fortune that tops $10 billion. 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. OFC operates or actively participates in more than 40 companies, often in partnership with leading multinationals. OFC is also one of the largest investors in the Saudi and regional stock markets. In April 2019, Olayan announced her retirement as CEO of Olayan Financing Company.
On June 16, 2019, Olayan was named Chairwoman of the Saudi British Bank (SABB), making her the first Saudi woman to head a bank., 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.
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), a publicly listed company in Saudi Arabia. In September 2006 and April 2007, she joined the International Advisory Boards of Rolls-Royce and Citigroup, respectively.
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. In April 2007, she was elected as a member of the Board of Trustees for Cornell University. 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 also a board member at Alfanar, the first venture philanthropy organization focusing on the Arab Region founded by Tarek Ben Halim in 2004. 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. Olayan was elected to the Board of the Down Syndrome Charitable Association in June 2005, a not-for-profit organization based in Riyadh. She was also appointed to the Board of Trustees of King Abdullah University for Science and Technology (KAUST). In June 2018, she was elected as a member of the MIT Corporation.
Olayan also served on the Board of Chelsfield plc, the UK property developer, from 1996 to 2004. 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 2010, she was awarded the Cornell Entrepreneur of the Year. As of 2014, she is listed as the 86th most powerful woman in the world by Forbes.
Lubna Suliman Olayan (born August 4, 1955) (Arabic: لبنى سلیمان العليان ) is a Saudi business woman. 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 till 2011 and returned to the list in 2014. 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.
