World’s Most Powerful Arabs 2019

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Lubna Olayan

Lubna Olayan

Company:

SABB, Alawwal Bank

Designation:

Chairwoman

The long-time face of her family’s massive business empire, Lubna Olayan first made history in 2005 as the first woman to make a public address at a conference in Saudi Arabia.

This year Olayan has become the first chairwoman of a Saudi bank after Saudi British Bank (SABB) and Alawwal bank confirmed a merger. The bank will now become the largest bank by assets in Saudi Arabia, following a binding merger agreement signed last October.