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LuLu Exchange CEO honoured in Forbes list of top Indian leaders in the Arab world
May 4, 2015, 4:42 pm

For the third year running, Forbes Middle East revealed the much-awaited list of the Top Indian Leaders in the Arab World at a gala ceremony hosted at the Godolphin Ballroom at Jumeirah Emirates Towers, Dubai on Tuesday. The defining list recognizes key Indian movers and shakers who have made their mark on Middle Eastern economies each year.

H.E. Mr. T P Seetharam, Ambassador of India to the UAE graced the occasion as the guest of honour along with and Dr. Nasser Bin Aqeel Al Tayyar, President of Arab Publisher House, the publishers of Forbes Middle East.

This year’s list was made up of luminaries from diversified sectors like retail, industrials, healthcare, banking and finance, among others and divided into two categories – top owners and top executive management. Out of the 100 in the top owners list, 90 of them were based out of the UAE. Retail dominated the awards list, followed by diversified companies and industrials, but luminaries from 18 other sectors were also honoured at the event.

In recognition of his contribution in the banking and finance sector in the top owners’ category, Mr. Adeeb Ahamed, CEO, LuLu International Exchange Group, was honoured as one of the three awardees in his field. Under Adeeb's stewardship, LuLu International Exchange Group has achieved a number of firsts for the region.

Since taking on the role of the CEO of Lulu International Exchange in 2009, he has led the six-year old company towards rapid growth. His efforts to reach out to his customers by creating a service oriented culture focused on customer satisfaction and integrity eventually paid off and now the company operates in eight countries with over 100 global branches.

“It is an honour and privilege to be recognized among the top Indian leaders in the Arab world. The award will help me reassert my commitment to set management benchmark standards in the region’s financial industry,” said Mr. Adeeb Ahamed on the sidelines of receiving the award.

He further added, “Over the past few years, we have modified our organizational structure and business processes to embrace a more unified, customer-centric business model and improve company performance. I don’t feel as though my contributions have been any greater than those of my incredible team of associates at LuLu International Exchange Group, who have been crucial in the growth of this company. Nevertheless, I thank Forbes Middle East for this recognition and dedicate it to all my associates at the organization.”

Many other noted owners and founders were also honoured during the ceremony, including, Sunil Vaswani (diversified sector), Mukesh Jagtiani (retail), B.R. Shetty (healthcare), Sunny Varkey (education) and PNC Menon (real estate and construction), among others. This year also saw a list for top executive management which included names like V Shankar (banking and finance), Sanjeev Chadha (food and beverage), Sanjiv Kakkar (retail) and K Rajaram (automobile), among others.

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