Published: October 22, 2025
New Leadership for Saudi-U.S. Business Council
The Saudi-U.S. Business Council has announced the appointment of Lubna Suliman Olayan, founding board chair of the Olayan Group, and Jane Fraser, chief executive of Citigroup, as co-chairs of its board of directors. Representing Saudi Arabia and the United States, respectively, they will guide the council’s efforts to strengthen economic ties between the two nations.
Lubna Olayan’s Expertise in Economic Relations
Lubna Olayan brings a wealth of experience to her role, with a strong background in fostering Saudi-U.S. economic collaboration. In addition to her leadership at the Olayan Group, she serves as chair of Saudi Awwal Bank (SAB) and is a member of several international advisory boards, positioning her as a key figure in global business networks.
Image Source: Saudi Press Agency (SPA)
Strategic Leadership for Bilateral Growth
As co-chairs, Olayan and Fraser will spearhead initiatives to shape the council’s strategic direction, promoting bilateral business and investment opportunities. Their leadership aligns with Saudi Arabia’s Vision 2030, which aims to diversify and expand the Kingdom’s economic and investment landscape.
Supporting Saudi Vision 2030
The appointments come at a critical juncture as Saudi Arabia advances its Vision 2030 goals, focusing on economic diversification and global partnerships. The council serves as a vital platform for fostering collaboration, and the new co-chairs are expected to drive impactful initiatives to support these objectives.
Source: Saudi Press Agency (SPA), October 22, 2025, 21:17 GMT
Keyword: Saudi-U.S. Business Council
Meta Description: Lubna Olayan and Jane Fraser appointed as co-chairs of the Saudi-U.S. Business Council to enhance economic ties and support Saudi Vision 2030.