The Saudi British Bank (SABB) is a licensed financial institution operating under SAMA supervision and control, and a partner of the HSBC Group.
SABB was established in 1978 as a Saudi Joint Stock Company and traces its origins in Saudi Arabia back almost 70 years, during which time it has been an active partner supporting the Kingdom’s economic growth and social development. As a partner of the HSBC Group, SABB is one of the leading corporate and institutional international banks in the Kingdom with a top retail banking and wealth management proposition. SABB is also a leader in Saudi Arabia and the region in trade finance, foreign exchange, equity and debt wholesale banking, digital service innovation, and ESG, paving the way for transformation and excellence.
SABB offers integrated financial and banking services, including Corporate Banking, Investment, Private Banking, and Treasury. SABB's paid-up capital is SAR 20.5 billion after the legal merger with Alawwal Bank, as the two banks became one entity and one of the largest banks in the Kingdom of Saudi Arabia.
Ms. Lubna Olayan
Chair of the Board
of Directors
Lubna S. Olayan chairs the Board of Saudi Awwal Bank (SAB).
Ms. Olayan is also actively involved in the governance of The Olayan Group (TOG) through serving as Chair of the Executive Committee of Olayan Financing Company (OFC) – the holding company of TOG in MENA – Chair of the Corporate Board of Olayan Saudi Holding Company (OSHCO) – the operating entity of TOG in MENA – and Chair of the Shareholders Board of TOG.
In addition, Ms. Olayan is currently a member of several international advisory boards, including those of Akbank, Allianz SE, Bank of America, Hakluyt, and TotalEnergies. She is a Senior Advisor at Chatham House and sits on the Board of Directors of KAUST Investment Management Company (KIMC).
She also serves as a trustee of MIT and the World Economic Forum, as a member of the Asia Business Council, and as 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.