RIYADH: As commercial relations between the two nations grow, a number of senior professionals, including executives from Alphabet, Coca-Cola, and BlackRock, are joining the expanded board of the US-Saudi Business Council.
Some of the world’s largest financial, industrial, and technology firms, including Citi, Bank of America, and ExxonMobil, are also on the board as Saudi Arabia steps up its efforts to attract foreign capital and strengthen ties with the private sector. Lubna Olayan, chair of the Olayan Group’s corporate board, and Jane Fraser, chair and CEO of Citi, will serve as co-chairs of the organization.
Amin Nasser, president and CEO of Aramco; Robert Wilt, CEO of Maaden; Rami Al Turki, president and CEO of Alturki Holding; and Charles Hallab, president and CEO of the US-Saudi Business Council, are among the longstanding members of the board.
According to Hallab, “this board represents an extraordinary alignment of global leadership at a pivotal moment in the bilateral relationship, one that is consistent with a revitalized and reimagined role for the Council in the US-Saudi partnership.
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