Adeeb Ahamed Explained

Adeeb Ahamed
Nationality:Indian
Occupation:Founder & Managing Director, LuLu Financial Holdings,[1] Tablez and Twenty14 Holdings
Spouse:Shafeena Yussuf Ali

Adeeb Ahamed is a UAE-based billionaire businessman of Indian origin from the state of Kerala. He is the managing director of LuLu Financial Holdings,[2] [3] Tablez, and Twenty14 Holdings.[4] [5] Adeeb is a member and sits on the advisory board of the World Economic Forum's South Asian Regional Strategy Group (RSG).[6] [7] He also holds advisory positions at various organizations, including the Al Maryah Community Bank in the UAE. [8]

Biography

Adeeb Ahamed was born in Kochi, Kerala.[9] He completed his undergraduate studies at the Les Roches International School of Hotel Management and his postgraduate studies from Royal Holloway, University of London.[10]

Career

Adeeb founded LuLu Financial Holdings in 2009 and launched LuLu Exchange, a cross-border payments service, in the UAE the same year.[11] LuLu Financial Holdings now has a network of over 350+ branches, 3,000+ employees, and an active presence in 10 countries[12] and opened their 350th branch in 2024.[13] The company has investments in the GCC, APAC region and the Indian subcontinent.[14]

In 2014, Adeeb founded Twenty14 Holdings, a hospitality investment firm. The group acquired the iconic Great Scotland Yard building in 2019,[15] and announced plans to launch the InterCity Hotel in Zurich in 2020.[16]

Adeeb was appointed as a member of the South Asia Regional Strategy Group of the World Economic Forum in 2017.[17] In 2020, he became a trustee on the board of The Kochi Biennale Foundation (KBF).[18] A year later, he was nominated to the World Tourism Forum Lucerne.[19] Adeeb is the Vice Chairman of the Foreign Exchange and Remittance Group (FERG) in the UAE and an advisor to the board of the Al Maryah Community Bank in the UAE.[20] In 2023, he was named as the chair of Federation of Indian Chambers of Commerce and Industry's Middle East council. [21]

Awards and Recognitions

Notes and References

  1. https://gulfnews.com/business/corporate-news/adeeb-ahamed-of-lulu-financial-holdings-nominated-to-emirates-board-of-directors-for-overseas-investors-at-iic-1.1649845200750
  2. Web site: LuLu Financial Group's Adeeb Ahamed granted Bahraini Golden Visa. en . 2022-11-09.
  3. Web site: Nagraj. Aarti. 2020-08-24. LuLu Financial Holdings' MD Adeeb Ahamed on the Covid crisis, remittances and plans ahead. 2021-06-05. Gulf Business. en-US.
  4. News: 2020-01-10 . Lulu Group to build a hotel in Amsterdam . 2024-07-22 . The Times of India . 0971-8257.
  5. Web site: Nair . Likhitha P. . 2021-01-19 . ‘Vaccination must take the centre stage’ . 2024-07-22 . The New Indian Express . en.
  6. News: Kochi Biennale Foundation appoints UAE businessman as trustee . Hindu Business Line . 4 May 2020 . 22 December 2022.
  7. News: Adeeb Ahamed. Arabian Business.
  8. Web site: 2021-10-25 . Al Maryah Community Bank appoints Adeeb Ahamed as advisor to Board Members . 2024-07-22 . Gulf Times . en.
  9. Web site: Gold card Granted to Adeeb Ahamed MD of Lulu Financial Group. 2021-01-08. www.timeskuwait.com.
  10. Web site: 2023-09-25 . Constantly Challenging The Status Quo : Adeeb Ahamed - Gray Matter . 2024-07-22 . en-US.
  11. Web site: 2020-12-20 . Innovating value and inspiring experiences to improve people’s lives . 2024-07-22 . gulfnews.com . en.
  12. Web site: Adeeb Ahamed . 2024-07-22 . We Forum.
  13. https://gulfnews.com/gn-focus/lulu-financial-holdings-celebrates-milestone-with-350th-global-customer-engagement-center-1.1718101681318
  14. https://timesofindia.indiatimes.com/upbeat-on-growth-prospects-lulu-financial-holdings-to-expand-nbfc-business-in-india/articleshow/91575336.cms
  15. https://timesofindia.indiatimes.com/business/india-business/lulu-opens-the-iconic-great-scotland-yard-hotel-in-london/articleshow/72390327.cms
  16. https://www.arabianbusiness.com/industries/travel-hospitality/412099-lulu-groups-twenty14holdings-to-enter-swiss-hospitality-market
  17. https://www.gulf-times.com/story/530143/lulu-financial-group-md-adeeb-ahamed-in-wef-regional-strategy-group
  18. Web site: UAE-bizman Adeeb Ahamed appointed trustee of Kochi Biennale Foundation. The New Indian Express.
  19. https://www.arabnews.com/node/1947566/corporate-news
  20. Web site: 26 August 2021. Al Maryah Community Bank appoints Adeeb Ahamed as board advisor. Arabian Business.
  21. https://www.uniindia.com/adeeb-ahamed-appointed-chair-of-ficci-middle-east-council/business-economy/news/2982629.html
  22. https://www.forbesmiddleeast.com/lists/travel-and-tourism-leaders-2024/
  23. https://www.khaleejtimes.com/business/20-global-asian-leaders-felicitated-with-ablf-awards-2022
  24. Web site: NRI Businessman of the Year. gulfnews.com. 30 June 2019.
  25. Web site: UAE's prominent Indian business leaders honoured in Dubai. Staff Reporter. Khaleej Times.
  26. Web site: Lulu Exchange MD honoured with Global Businessman award at Brand Icons 2016. www.thepeninsulaqatar.com.
  27. Web site: LuLu Exchange CEO named Indian CEO of the year 2014 in Financial Services category. www.indiansinkuwait.com.

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