Lubna Olayan, Jane Fraser Appointed Co-Chairs of Saudi-U.S. Business Council
Washington, October 22, 2025, SPA -- The Saudi-U.S. Business Council announced the appointment of Olayan Group’s founding board chair Lubna Suliman Olayan, and Citigroup chief executive Jane Fraser as co-chairs of the council’s board of directors, representing the Kingdom of Saudi Arabia and the United States, respectively.
The council noted that Olayan brings extensive experience in advancing Saudi-U.S. economic relations. In addition to her role at the Olayan Group, she serves as chair of the board of directors of Saudi Awwal Bank (SAB) and sits on several international advisory boards.
The council added that the two co-chairs will lead efforts to define the strategic direction of the council's work as a key platform supporting bilateral business and investment between Saudi Arabia and the United States. Their leadership comes at a pivotal time as the Kingdom continues to expand economic and investment opportunities under Saudi Vision 2030.
-- SPA


