Lubna Al Olayan Appointed as Saudi Bank Head

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Saudi  business woman, Lubna Al Olayan will chair a new bank being formed out of a merger between the Saudi British Bank (SABB) and Alawwal Bank. The move comes amid a liberalisation of women’s roles in a traditionally conservative society. Currently the head of a family conglomerate, Ms Olayan is seen as a trailblazer for Saudi women in the finance industry.