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<\/p>\nThe US-Saudi Business Council (USSBC) has announced the appointment of its significantly expanded and reconstituted Board of Directors, featuring an unprecedented lineup of global industry leaders.<\/p>\n
\n\u201cThis strategic move underscores the Council\u2019s revitalized mission to deepen and diversify economic ties between the United States and Saudi Arabia by leveraging expertise from critical sectors shaping the global economy,\u201d USSBC said in a statement on Tuesday.<\/p>\n
\nCo-Chaired by Chair of the Corporate Board of the Olayan Group Lubna Olayan, and Jane Fraser, Chair and CEO of Citi, the new Board brings together influential figures across finance, energy, technology, travel, defense, infrastructure, consumables and advanced industry. <\/p>\n
\n\u201cTheir collective leadership will uniquely position the Council to drive innovation, investment and strategic partnerships aligned with US economic priorities, Saudi Arabia\u2019s Vision 2030 and the evolving global landscape,\u201d the statement added.<\/p>\n<\/p>\n
The newly appointed US members include:
\nRuth Porat, President and Chief Investment Officer of Alphabet and Google
\nBrian Moynihan, Chair and CEO of Bank of America
\nBrendan Bechtel, Chairman and CEO of Bechtel Corporation
\nLarry Fink, Chairman and CEO of BlackRock
\nMike Wirth, Chair and CEO of Chevron
\nChuck Robbins, Chair and CEO of Cisco
\nJames Quincey, Executive Chair of The Coca-Cola Company
\nNoel Wallace, Chair, President and CEO of Colgate-Palmolive
\nEd Bastian, CEO of Delta Air Lines
\nJim Fitterling, Chair and CEO of Dow
\nDarren Woods, Chair and CEO of ExxonMobil
\nJenny Johnson, CEO of Franklin Templeton
\nChris Nassetta, President and CEO of Hilton
\nVimal Kapur, Chair and CEO of Honeywell
\nJames Taiclet, Chair, President and CEO of Lockheed Martin<\/p>\n<\/p>\n
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They are joined by leaders from key sectors driving Saudi Arabia\u2019s economic transformation, including:
\nTareq Amin, CEO of Humain
\nJohn Pagano, CEO of Red Sea Global and Managing Director of AlUla Development Company
\nKamal Bahamdan, CEO of Safanad
\nTareq AlSadhan, CEO of Saudi National Bank
\nAbdullah Al Zamil, Chair of SENAAT (formerly Zamil Industries)<\/p>\n<\/p>\n
The Board also retains long-serving members Amin Nasser, President and CEO of Aramco, Robert Wilt, CEO of Ma\u2019aden, Rami Al Turki, President and CEO of Alturki Holding, and Charles Hallab, President and CEO of the US-Saudi Business Council.<\/p>\n<\/p>\n
\u201cThis Board represents an extraordinary alignment of global leadership at a pivotal moment in the bilateral relationship, one that is consistent with a reinvigorated and reimagined role for the Council in the US-Saudi partnership,\u201d said Hallab.<\/p>\n<\/p>\n
\u201cTheir collective expertise across areas critical to both economies positions the Council to advance bilateral trade, investment, and business collaboration like never before. We are very excited for the next chapter, and we are also deeply grateful to our long-serving Board members for their commitment and contribution to the Council\u2019s mission over the years.\u201d<\/p>\n<\/p>\n
Olayan said she looked forward to translating the partnership into a meaningful collaboration, and long-term value for the two countries\u2019 economies.<\/p>\n
\nAs for Fraser, she said: \u201cThe caliber of leaders joining our board signals the significant momentum of the US\u2013Saudi business partnership.\u201d <\/p>\n
\nThe formation of the Board comes at a time of accelerating economic engagement between the US and Saudi Arabia.<\/p>\n<\/p>\n
\u201cWith a refined and revitalized mission, the US-Saudi Business Council is reinforcing its role as a leading platform for private-sector leadership and engagement\u2014strengthening connectivity between US and Saudi businesses, enabling strategic partnerships, and supporting the expansion of bilateral trade and investment,\u201d USSBC said.<\/p>\n