News 24 | Headed by Lubna Olayan.. Formation of the Saudi-Swedish Business Council

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Lubna OlayanThe Federation of Saudi Chambers of Commerce announced the approval of the General Authority for Foreign Trade on the final formation of the Saudi-Swedish Business Council, choosing Lubna Olayan as Chairman of the Council and Chairman of the Executive Committee, and Muhammad Batterjee and Saud Al-Sulaiman as deputies.

The selection of Lubna Olayan as Chairman of the Saudi-Swedish Business Council is a precedent in the history of Saudi foreign business councils, as the first Saudi woman to hold this position since the issuance of the noble order to expedite the establishment of Saudi foreign business councils more than 20 years ago.

Al-Olayan is considered one of the well-known economic faces and competencies in the Kingdom and a model for Saudi women who were able to put a clear imprint in economic work, as she has an outstanding personality and high competencies that made her the first woman to be chosen for the board of directors of a Saudi company listed on the Saudi stock market.

She is also a member of many boards of directors, trustees and advisory boards in local and international companies, institutions and universities. She was chosen by Time magazine among the 100 most influential people, Fortune magazine among the most powerful women in the world for several consecutive years, and Forbes magazine as one of the most powerful business leaders.

For its part, “Olayan” expressed its appreciation for the great confidence placed in it and its two deputies by the members of the Council by choosing them to assume these positions, and promised to exert more effort to develop the work of the Council and activate its role in developing inter-economic relations between the two kingdoms by strengthening joint work between the Saudi and Swedish business sectors.

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