Business
Lubna Olayan and Jane Fraser Appointed Co-Chairs of the U.S.-Saudi Business Council Board of Directors
The U.S.-Saudi Business Council is pleased to announce the appointments of Lubna S. Olayan, Chair of the Corporate Board of The Olayan Group, and Jane Fraser, Chief Executive Officer of Citi, as Co-Chairs of the Council's Board of Directors, representing Saudi Arabia and the United States, respectively.
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[{"type":"text","content":"VIENNA, Va., Oct. 21, 2025 /PRNewswire/ -- The U.S.-Saudi Business Council is pleased to announce the appointments of Lubna S. Olayan, Chair of the Corporate Board of The Olayan Group, and Jane Fraser, Chief Executive Officer of Citi, as Co-Chairs of the Council's Board of Directors, representing Saudi Arabia and the United States, respectively.","length":356,"tagName":"p"},{"type":"text","content":"Ms. Olayan brings decades of leadership and expertise in advancing U.S.-Saudi economic collaboration. In addition to serving as Chair of the Corporate Board of The Olayan Group, she also serves as Chair of the Board of Saudi Awwal Bank (SAB). Ms. Olayan is currently a member of several international advisory boards, including those of Akbank, Bank of America, Hakluyt, Hong Kong Exchanges and Clearing Limited (HKEX), and TotalEnergies. She is a Senior Advisor at Chatham House, and sits on the Global Board of Advisors at the Council on Foreign Relations (CFR). She also serves as a trustee of MIT and the World Economic Forum, is a member of the Asia Business Council, and a director of the Philanthropy Asia Alliance (PAA) of Temasek Trust. Her other philanthropic positions include serving as President of the Suliman S. Olayan Foundation and Chair of Alfanar, a UK based charity and the first venture philanthropy organization in the Arab world.","length":952,"tagName":"p"},{"type":"text","content":"Ms. Fraser, who will serve as the Council's U.S. Co-Chair, is Chief Executive Officer of Citi, the world's most global bank, which serves clients in more than 180 countries and jurisdictions. Under her leadership, Citi has reinforced its significant and strategic presence in Saudi Arabia, further connecting the country to the global economy, expanding operations, and actively investing in growing local talent. Over more than two decades at Citi, Jane has held senior leadership roles spanning global consumer and institutional businesses. Beyond Citi, she serves on the boards of the Business Roundtable, the Council on Foreign Relations, and the Partnership for New York City. She also is a member of the Group of 30 and chairs the Financial Services Forum. Ms. Fraser holds an M.B.A. from Harvard Business School and an M.A. in Economics from Cambridge University.","length":878,"tagName":"p"},{"type":"text","content":""We are hon...