Adeeb Ahamed

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Adeeb Ahamed
Adeeb Ahamed in 2024
Adeeb Ahamed in 2024
NationalityIndian
Occupation(s)Founder & Managing Director, LuLu Financial Holdings,[1] Tablez and Twenty14 Holdings
SpouseShafeena Yussuf Ali
Websitewww.lulufin.com

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]

Awards and Recognitions

  • Travel and Tourism Leaders 2024 by Forbes Middle East [21]
  • ABLF Outstanding Business Achiever Award 2022 [22]
  • NRI Businessman of the Year 2018[23]
  • Richest Indians in the UAE 2018 by Arabian Business.[7]
  • Global Business Leader Award at NDTV Gulf Indian Excellence Awards 2016[24]
  • Global Businessman of the Year award at Brand Icons 2016[25]
  • CEO of the Year 2014 Award in the Financial Services Category at CEO Awards 2014[26]


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. ^ "LuLu Financial Group's Adeeb Ahamed granted Bahraini Golden Visa". Retrieved 9 November 2022.
  3. ^ Nagraj, Aarti (24 August 2020). "LuLu Financial Holdings' MD Adeeb Ahamed on the Covid crisis, remittances and plans ahead". Gulf Business. Retrieved 5 June 2021.
  4. ^ https://timesofindia.indiatimes.com/business/india-business/lulu-group-to-build-a-hotel-in-amsterdam/articleshow/73187415.cms
  5. ^ https://www.newindianexpress.com/cities/kochi/2021/Jan/19/vaccinationmust-take-thecentre-stage-2251809.html
  6. ^ "Kochi Biennale Foundation appoints UAE businessman as trustee". Hindu Business Line. 4 May 2020. Retrieved 22 December 2022.
  7. ^ a b "Adeeb Ahamed". Arabian Business.
  8. ^ https://www.gulf-times.com/story/703057/Al-Maryah-Community-Bank-appoints-Adeeb-Ahamed-as-advisor-to-Board-Members
  9. ^ "Gold card Granted to Adeeb Ahamed MD of Lulu Financial Group". www.timeskuwait.com. Retrieved 8 January 2021.
  10. ^ https://www.graymatterdubai.com/constantly-challenging-the-status-quo/
  11. ^ https://gulfnews.com/business/innovating-value-and-inspiring-experiences-to-improve-peoples-lives-1.1608463984186
  12. ^ https://www.weforum.org/agenda/authors/adeeb-ahamed/
  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. ^ "UAE-bizman Adeeb Ahamed appointed trustee of Kochi Biennale Foundation". The New Indian Express.
  19. ^ https://www.arabnews.com/node/1947566/corporate-news
  20. ^ "Al Maryah Community Bank appoints Adeeb Ahamed as board advisor". Arabian Business. 26 August 2021.
  21. ^ https://www.forbesmiddleeast.com/lists/travel-and-tourism-leaders-2024/
  22. ^ https://www.khaleejtimes.com/business/20-global-asian-leaders-felicitated-with-ablf-awards-2022
  23. ^ "NRI Businessman of the Year". gulfnews.com. 30 June 2019.
  24. ^ Staff Reporter. "UAE's prominent Indian business leaders honoured in Dubai". Khaleej Times.
  25. ^ "Lulu Exchange MD honoured with Global Businessman award at Brand Icons 2016". www.thepeninsulaqatar.com.
  26. ^ "LuLu Exchange CEO named Indian CEO of the year 2014 in Financial Services category". www.indiansinkuwait.com.
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