Adeeb Ahamed is a

UAE The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as i ...

-based

billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...

businessman of Indian origin from the state of

Kerala Kerala ( , ) is a States and union territories of India, state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile ...

. He is the managing director of LuLu Financial Holdings, Tablez, and Twenty14 Holdings. Adeeb is a member and sits on the advisory board of the

World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...

's South Asian Regional Strategy Group (RSG). He also holds advisory positions at various organizations, including the Al Maryah Community Bank in the UAE.

Biography

Adeeb Ahamed was born in

Kochi, Kerala Kochi ( , ), List of renamed Indian cities and states#Kerala, formerly known as Cochin ( ), is a major port city along the Malabar Coast of India bordering the Laccadive Sea. It is part of the Ernakulam district, district of Ernakulam in the ...

. He completed his undergraduate studies at the

Les Roches International School of Hotel Management Les Roches is a private hospitality school owned by Eurazeo and located in the canton of Valais, Switzerland. History Les Roches is a hospitality school founded in 1979. Approximately 1,118 students from 68 countries attend every semester, with ...

and his postgraduate studies from

Royal Holloway, University of London Royal Holloway, University of London (RH), formally incorporated as Royal Holloway and Bedford New College, is a public university, public research university and a constituent college, member institution of the federal University of London. It ...

Career

Adeeb founded LuLu Financial Holdings in 2009 and launched LuLu Exchange, a cross-border payments service, in the UAE the same year. LuLu Financial Holdings now has a network of over 350+ branches, 3,000+ employees, and an active presence in 10 countries and opened their 350th branch in 2024. The company has investments in the GCC, APAC region and the Indian subcontinent. In 2014, Adeeb founded Twenty14 Holdings, a hospitality investment firm. The group acquired the iconic Great Scotland Yard building in 2019, and announced plans to launch the InterCity Hotel in

Zurich Zurich (; ) is the list of cities in Switzerland, largest city in Switzerland and the capital of the canton of Zurich. It is in north-central Switzerland, at the northwestern tip of Lake Zurich. , the municipality had 448,664 inhabitants. The ...

in 2020. Adeeb was appointed as a member of the South Asia Regional Strategy Group of the World Economic Forum in 2017. In 2020, he became a trustee on the board of The Kochi Biennale Foundation (KBF). A year later, he was nominated to the World Tourism Forum Lucerne. 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. In 2023, he was named as the chair of Federation of Indian Chambers of Commerce and Industry's Middle East council.

Awards and recognitions

* Travel and Tourism Leaders 2024 by Forbes Middle East * ABLF Outstanding Business Achiever Award 2022 * NRI Businessman of the Year 2018 * Richest Indians in the

2018 by

Arabian Business ''Arabian Business'' (''AB'') is a weekly business magazine published in Dubai and focusing on global and regional news analysis. The brand is aimed at the English and Arabic-speaking communities and is published in both languages. Its circula ...

. * Global Business Leader Award at

NDTV New Delhi Television Ltd is an Indian news media company focusing on broadcast and digital news publication. It was founded in 1984 by economist Prannoy Roy and journalist Radhika Roy. NDTV began as a production house for news segments, ...

Gulf Indian Excellence Awards 2016 * Global Businessman of the Year award at Brand Icons 2016 * CEO of the Year 2014 Award in the Financial Services Category at CEO Awards 2014

References

{{DEFAULTSORT:ahamed, adeeb Alumni of Royal Holloway, University of London Indian businesspeople Indian emigrants to the United Arab Emirates Indian expatriates in the United Arab Emirates Year of birth missing (living people) Living people Businesspeople from Kochi LuLu Group