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]
Adeeb Ahamed | |
|---|---|
 Adeeb Ahamed in 2024 | |
| Nationality | Indian |
| Occupation(s) | Founder & Managing Director, LuLu Financial Holdings,[1] Tablez and Twenty14 Holdings |
| Spouse | Shafeena Yussuf Ali |
| Website | www |
Biography
editAdeeb 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
editAdeeb 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. The company has investments in the GCC, APAC region and the Indian subcontinent.[13]
In 2014, Adeeb founded Twenty14 Holdings, a hospitality investment firm. The group acquired the iconic Great Scotland Yard building in 2019,[14] and announced plans to launch the InterCity Hotel in Zurich in 2020.[15]
Adeeb was appointed as a member of the South Asia Regional Strategy Group of the World Economic Forum in 2017.[16] In 2020, he became a trustee on the board of The Kochi Biennale Foundation (KBF).[17] A year later, he was nominated to the World Tourism Forum Lucerne.[18] 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.[19] In 2023, he was named as the chair of Federation of Indian Chambers of Commerce and Industry's Middle East council.[20]
Awards and recognitions
edit- 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
edit- ^ "Adeeb Ahamed of LuLu Financial Holdings nominated to Emirates Board of Directors for Overseas Investors at IIC". 13 April 2022.
- ^ "LuLu Financial Group's Adeeb Ahamed granted Bahraini Golden Visa". April 2022. Retrieved 9 November 2022.
- ^ 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.
- ^ "Lulu Group to build a hotel in Amsterdam". The Times of India. 10 January 2020. ISSN 0971-8257. Retrieved 22 July 2024.
- ^ Nair, Likhitha P. (19 January 2021). "'Vaccination must take the centre stage'". The New Indian Express. Retrieved 22 July 2024.
- ^ "Kochi Biennale Foundation appoints UAE businessman as trustee". Hindu Business Line. 4 May 2020. Retrieved 22 December 2022.
- ^ a b "Adeeb Ahamed". Arabian Business.
- ^ "Al Maryah Community Bank appoints Adeeb Ahamed as advisor to Board Members". Gulf Times. 25 October 2021. Retrieved 22 July 2024.
- ^ "Gold card Granted to Adeeb Ahamed MD of Lulu Financial Group". www.timeskuwait.com. 8 August 2019. Retrieved 8 January 2021.
- ^ "Constantly Challenging The Status Quo : Adeeb Ahamed - Gray Matter". 25 September 2023. Retrieved 22 July 2024.
- ^ "Innovating value and inspiring experiences to improve people's lives". gulfnews.com. 20 December 2020. Retrieved 22 July 2024.
- ^ "Adeeb Ahamed". We Forum. Retrieved 22 July 2024.
- ^ "Upbeat on growth prospects, Lulu Financial Holdings to expand NBFC business in India". The Times of India. 15 May 2022.
- ^ "LuLu opens the iconic Great Scotland Yard Hotel in London". The Times of India. 5 December 2019.
- ^ "LuLu Group's Twenty14Holdings to enter Swiss hospitality market - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". 27 January 2019.
- ^ "LuLu Financial Group MD Adeeb Ahamed in WEF regional strategy group". 23 January 2017.
- ^ "UAE-bizman Adeeb Ahamed appointed trustee of Kochi Biennale Foundation". The New Indian Express. 6 May 2020.
- ^ "UAE-based businessman appointed to World Tourism Forum board". 13 October 2021.
- ^ "Al Maryah Community Bank appoints Adeeb Ahamed as board advisor". Arabian Business. 26 August 2021.
- ^ "Adeeb Ahamed appointed Chair of FICCI Middle East Council". www.uniindia.com. 31 May 2023.
- ^ "Travel and Tourism Leaders 2024". www.forbesmiddleeast.com.
- ^ "20 global Asian leaders felicitated with ABLF Awards 2022".
- ^ "NRI Businessman of the Year". gulfnews.com. 30 June 2019.
- ^ Staff Reporter. "UAE's prominent Indian business leaders honoured in Dubai". Khaleej Times.
- ^ "Lulu Exchange MD honoured with Global Businessman award at Brand Icons 2016". www.thepeninsulaqatar.com.
- ^ "LuLu Exchange CEO named Indian CEO of the year 2014 in Financial Services category". www.indiansinkuwait.com.