The U.S.-Saudi Business Council has unveiled a newly expanded and restructured board of directors, bringing together prominent global leaders in a move aimed at accelerating economic collaboration between the United States and Saudi Arabia. The announcement reflects a renewed commitment to strengthening and diversifying ties across key industries shaping the global economy.
The board will be co-chaired by Lubna Olayan, Chair of the Corporate Board at Olayan Group, and Jane Fraser, Chair and CEO of Citi. Together, they will lead a group of influential executives spanning sectors such as finance, energy, technology, infrastructure, travel, defense, and consumer goods—underscoring the council’s goal of leveraging global expertise to deepen bilateral economic engagement.
New U.S. members include senior leaders from major corporations such as Alphabet, Bank of America, BlackRock, Chevron, Cisco, The Coca-Cola Company, ExxonMobil, Delta Air Lines, Hilton, and Lockheed Martin, among others.
They are joined by key figures contributing to Saudi Arabia’s economic transformation, including executives from Red Sea Global, Saudi National Bank, and Safanad. The board also retains experienced members such as Amin Nasser of Aramco and Robert Wilt of Ma’aden.
According to Olayan, the new board reflects the strength and maturity of U.S.-Saudi economic relations, with a focus on translating that partnership into tangible, long-term value. Fraser highlighted the momentum behind the bilateral relationship, calling the new board a key step in advancing sustained economic growth between the two countries.
U.S.-Saudi Business Council
Council President and CEO Charles Hallab described the board as a powerful alignment of global leadership at a critical moment. He emphasized that the group’s collective expertise will help expand trade, investment, and business collaboration, while also acknowledging the contributions of long-serving members.
The board’s formation comes amid increasing economic engagement between the U.S. and Saudi Arabia. With a renewed mission, the council aims to strengthen private-sector collaboration, support strategic partnerships, and enhance connectivity between businesses in both countries.
As the primary platform for U.S.-Saudi commercial relations, the council continues to facilitate dialogue and access between its members and key policymakers, playing a central role in advancing bilateral trade and investment.
Related Topics :
Saudi Arabia to Launch 2024 Business Forum “Future of Business”
Saudi Industrial Cities Investments Exceed Impressive Figure
UNESCO Announces Growth in Solar Research in Saudi Arabia
