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Adeeb Ahamed

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Adeeb Ahamed[1]
Born
🏳️ NationalityIndian
💼 Occupation
Founder & Managing Director, LuLu Financial Group, Tablez and Twenty14 Holdings[2]
👩 Spouse(s)Shafeena Yussuf Ali
👶 Children4
🌐 Websitewww.luluexchange.com

Adeeb Ahamed[3]is a UAE based billionaire businessman[4][5]of Indian origin from the state of Kerala. He is the Managing Director of LuLu Financial Group (LuLu FG)[6][7], Tablez, and Twenty14 Holdings, [8]He is also a board member of the Lulu group international.[9]Adeeb is a member of the World Economic Forum's South Asian Regional Strategy Group(RSG).[10]Adeeb Ahmed won the gold card UAE Visa from the Federal authority of identity and citizenship in Abu Dhabi in 2019.[11] Adeeb Ahamed is also a trustee on the board of The Kochi Biennale Foundation (KBF). [12][13]He was listed in the Top 100 Indian Leaders in the Arab World by Forbes Middle East[14] and was also conferred with the Indian CEO of the Year Award in the ‘Financial Services’ category in the ITP Publishing Group’s 2014 edition.[15] He also serves as the Secretary of the Foreign Exchange and Remittance Group (FERG) in the UAE and is a board member of India-based Jai Hind Communications Private Limited.[16]

Early life and Education[edit]

Adeeb Ahamed was born in Kochi, Kerala.[17][18]He completed his Bachelor's in Business Administration and Management from Les Roches International School of Hotel Management, Switzerland, and his MBA in International Management from Royal Holloway, University of London. He is married to UAE-based Indian businesswoman Shafeena Yusuff Ali.[19]

Philanthropy[edit]

Adeeb Ahamed is involved in public service activities focused on universal education awareness and empowerment of girls’ education and has also been involved in projects such as building a girls’ hostel in Kerala, India, and contributing to the construction of an Indian School in Oman.[20] [21] He has also gone on to support the parents of young children needing heart operations and facilitates for the treatment of such infants aged one to five, and is also an active member in various charitable trusts.[22][23]

Recognition and awards[edit]

  • Top 100 Indian Leaders in the Arab World by Forbes Middle East 2019[14]
  • NRI Businessman of the Year 2018[24]
  • Member, WEF South Asian Regional Strategy Group[25]
  • Secretary - Foreign Exchange and Remittance Group (FERG), UAE[16]
  • Patron Governor - India Social & Cultural Centre, Abu Dhabi[26]
  • Hurun Industry Achievement Award in Hospitality & Retail Real Estate 2017[27]
  • Entrepreneur of the Year at Franchise Awards 2017[28]
  • Global Business Leader Award at NDTV Gulf Indian Excellence Awards 2016[29]
  • Global Business Man of the Year award at Brand Icons 2016[30]
  • CEO of the Year 2014 Award in the Financial Services Category at CEO Awards 2014[31]
  • Top 50 Richest Indians in the Gulf by Arabian Business magazine[32][33]
  • Qadat Al Tagheer Award for Excellence in Financial Sector at UIEF 2016
  • Financial Institution of the Year at the 2014 Arabian Business Kuwait Awards

Achievements[edit]

Adeeb finalized a £110 million deal to acquire the Great Scotland Yard,[34]the former home of London’s Metropolitan Police Service, with plans to transform the structure into a hotel.[35][36]as a part of his hospitality wing.[37] He also opened a hotel in Dubai, UAE, managed by the Frankfurt-based Steigenberger Hotel Group, at Business Bay, Dubai, in November 2015. His company twenty14 holdings also acquired the Abad Airport Hotel in Kochi.[38]

References[edit]

  1. Abbas, Waheed. "Your dirham will earn more rupees, takas and pesos in third quarter of 2020". Khaleej Times.
  2. Staff, Entrepreneur Middle East (August 1, 2017). "Follow The Leader: Adeeb Ahamed, MD, LuLu Financial Group And Twenty14 Holdings". Entrepreneur.
  3. "Indian-Rich-List-2018-14-Adeeb Ahamed". ArabianBusiness.com.
  4. "Expats switch to LuLu Money for a superior money transfer experience". gulfnews.com.
  5. John, Issac. "Remittances from UAE to drop". Khaleej Times.
  6. "UAE- Sterling set for more pounding". menafn.com.
  7. "UAE's businesses will learn all about continuity from tomorrow". gulfnews.com.
  8. "Adeeb Ahamed honoured as 'NRI Businessman of the Year'". Gulf-Times. June 30, 2019.
  9. "Adeeb Ahamed". World Economic Forum.
  10. "Top-Indian-business-leaders-in-Arab-world". Gulf News. Unknown parameter |url-status= ignored (help)
  11. https://www.timeskuwait.com/news/gold-card-granted-to-adeeb-ahamed-md-of-lulu-financial-group/
  12. "Kochi Biennale Foundation appoints Adeeb Ahamed as trustee". www.daijiworld.com.
  13. "UAE-bizman Adeeb Ahamed appointed trustee of Kochi Biennale Foundation". The New Indian Express.
  14. 14.0 14.1 "Revealed: Top Indian business leaders in Arab world". gulfnews.com.
  15. "LuLu official named Indian CEO of the year". Khaleej Times.
  16. 16.0 16.1 "FERG Leadership". FERG.
  17. "Growth paradigm shift must, New Kerala will emerge in 15 years". Malayala Manorama. Unknown parameter |url-status= ignored (help)
  18. "How Adeeb Ahamed of the LuLu Group is foraying further with food, toys and fashion". August 20, 2017 – via The Economic Times.
  19. T, Loveena; December 6, on; December 6, 2019UPDATED; Ist, 2019 23:02. "Kerala NRI in London converts Old Scotland Yard police HQ into 5-star hotel". India Today.
  20. "Lulu Group's Tablez plans $75m investment in India". ArabianBusiness.com.
  21. "LuLu International Exchange: Valuing your trust across nations". gulfnews.com.
  22. "Adeeb Ahmed Philanthropy". Hindu Business Line.
  23. Anand, N. (May 1, 2019). "Lulu Group arm plans to open 20 toy stores in India" – via www.thehindu.com.
  24. "NRI Businessman of the Year". gulfnews.com.
  25. "WEF becomes member of WEF South Asian Regional Strategy Group (RSG)". Entrepreneur Middle East. Unknown parameter |url-status= ignored (help)
  26. "Patron Governor ISCA". ISCA.
  27. "Adeeb Ahamed honoured with Hurun Hospitality Achievement Award | Destination Kerala". www.destination-kerala.com.
  28. "Adeeb Ahamed honoured at Franchise Awards 2017". menafn.com.
  29. Reporter, Staff. "UAE's prominent Indian business leaders honoured in Dubai". Khaleej Times.
  30. "Lulu Exchange MD honoured with Global Businessman award at Brand Icons 2016". www.thepeninsulaqatar.com.
  31. "LuLu Exchange CEO named Indian CEO of the year 2014 in Financial Services category". www.indiansinkuwait.com.
  32. "50 Indian Power List - 15.Adeeb Ahamed". ArabianBusiness.com.
  33. "The 50 Richest Indians in the GCC 2017". ArabianBusiness.com.
  34. "LuLu Group acquires Great Scotland Yard for £110m as UAE company moves into hotel development". The National.
  35. "LuLu opens iconic Scotland Yard Hotel in London". Arab News. December 10, 2019.
  36. Report, Staff. "Lulu opens Great Scotland Yard in London". Khaleej Times.
  37. "Investing in the future: Adeeb Ahamed, managing director of LuLu Financial Group". ArabianBusiness.com.
  38. "Gulftimes : LuLu's Twenty14 Holdings completes £300mn UK investment". m.gulf-times.com.

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