June 18, 2024

Lubna Sulaiman Olayan re-elected as Chair of BOD at SABB

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Ms Lubna Olayan re-elected as Chair of Board of Directors
Lubna Sulaiman Olayan Chair of Board of Directors at SABB

Lubna Sulaiman Olayan gets re-elected as Chair of the Board of Directors (BOD) for another three-year term in Saudi British Bank (SABB). She grabbed headlines in 2019 as the first Saudi Arabian woman to get elected to the board of a bank.

When it comes to making investments, Lubna Olayan has an extensive experience in the financial sector. She served as CEO of Olayan Financing Company for a record 35 years. Founded by her father Sulaiman S Olayan, Olayan Financing Company is a global company that is involved in manufacturing, distribution & investments.

She has completed her BSc from Cornell University (New York). Lubna Olayan also holds an MBA (Indiana University) and an honorary PhD in Law (Trinity College).

The Saudi British Bank reported a staggering profit of SAR 1.397 billion for the third quarter of the previous year (the difference being SAR 886 million year-on-year). As far as the increase in profits from January to September 2022 is concerned, it upscaled to SAR 3.483 billion when compared to SAR 2.774 billion in the previous year (2021).

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For more information regarding SABB please read the articles on: SABB launches two new international payments service for its customers

SABB launches lifetime free Visa Cashback Credit Card

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