LuLu Exchange CEO honored in Forbes list of top Indian leaders in the Arab world for 2016


Dubai: Forbes Middle East revealed the 4th Top Indian Leaders in the Arab World at a gala ceremony hosted at the Waldorf Astoria, Dubai Palm Jumeirah on Tuesday. The defining list recognizes the most successful and groundbreaking Indian leaders in the Middle East.

Shri T.P. Seetharaman, Indian Amabassador to the UAE, graced the occasion as the guest of honour and presented the awards to the winner.

Achievers from various sectors like retail, industrials, healthcare, banking and finance, among others were recognized during the event in two categories – top owners and top executive management. Out of the 100 in the top owners list, 91 of them were based out of the UAE. Diversified companies dominated the awards list, followed by retail and industrials, while luminaries from 21 other sectors were also honoured at the event.

In recognition of his contribution to the banking and finance sector in the GCC, Mr. Adeeb Ahamed, CEO, LuLu International Exchange Group, was honored for the second consecutive year. Under Mr. Adeeb's leadership, LuLu International Exchange has grown to become one of the leading remittance and foreign exchange companies in the region. Many other noted owners and founders were also honored during the ceremony, including, Mr. Yusuff Ali M A, Mr. Ravi Pillai, Dr. Shamsheer Vayalil, Mr. Sunny Varkey and Dr. Azad Moopen, among others. In addition to entrepreneurs, Forbes Middle East also honoured Indians who have leadership position in the region, including Mr. Sanjeev Chaddah, CEO of PepsiCo Asia, Middle East and Africa, Mr. Raghavan Seetharamn, Group CEO, Doha Bank and Mr. Raghu Malhotra, President – Middle East and Africa, MasterCard, among others.

Since taking on the role of the CEO of Lulu International Exchange in 2009, Mr. Adeeb Ahamed 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 nine countries with over 125 global branches.

“It is a great honour to be recognized as a leader in your industry. It was wonderful to celebrate the occasion with other successful business leaders and my team. The recognition 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, “Sharing the evening with the stalwarts from a variety of industries was a great experience, but 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. I would also like to thank Forbes Middle East for this recognition and dedicate it to all my associates at the organization.”