Ayoub-Farid Michel Saab (or just Farid Saab) (born 14 July 1939) is a Lebanese banker.

Early life

Saab was born 14 July 1939 in

Tehran Tehran (; fa, تهران ) is the largest city in Tehran Province and the capital of Iran. With a population of around 9 million in the city and around 16 million in the larger metropolitan area of Greater Tehran, Tehran is the most popul ...

Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...

and moved to Lebanon at the age of 12. He studied economics at the

American University of Beirut The American University of Beirut (AUB) ( ar, الجامعة الأميركية في بيروت) is a private, non-sectarian, and independent university chartered in New York with its campus in Beirut, Lebanon. AUB is governed by a private, aut ...

and speaks English, French, Arabic, Russian, Persian and Armenian.

Career

Farid Saab was appointed vice president at Federal Bank of Lebanon (FBL) founded in 1952, by his father, Michel Ayoub Saab and his uncle Joseph Ayoub Saab. FBL was amongst the 20 first banks to be established in Lebanon. He served FBL as vice president from 1982 to 1991 and chairman from 1991 to date.Federal Bank of Lebano
FBL: "Management & Board of Directors"
Farid Saab together with his father Michel Ayoub Saab and his brother Fadi Michel Saab founded FBME Bank Ltd (formerly known as Federal Bank of the Middle East). The bank was the oldest offshore bank operating in Cyprus. Farid Saab was appointed FBME's Executive Director at inception from 1982 until 1991. FBME's first Board of Directors comprised Michel Ayoub Saab, Ayoub-Farid Michel Saab and Fadi Michel Saab. Farid Saab continues to serve FBME Bank as Non-Executive Chairman to date. Arab Financial Services (AFS), one of the Arab world's largest financial services companies, was incorporated in Bahrain in 1982 by the Union of Arab Banks. At inception Farid Saab was elected a member of the Board of Directors of AFS and acted as one of AFS's three founder executive directors. He served the Board of Directors of AFS up to the year 2000. Farid Saab served as a Member of the Board of Directors of

Visa International Visa Inc. (; stylized as ''VISA'') is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded cre ...

, EMEA (Europe, Middle East and Africa) from 1986 to 1996. Upon inception of Visa international's new Region, CEMEA (Central, Eastern Europe, Middle East & Africa), Farid Saab was elected Deputy-Chairman of the Board of Directors of this new region. Farid Saab was appointed member of the Board of Directors of Visa International, in San Mateo, in California, and served on this Board from 1989 to 1996. He served on the regional boards from 1986 to 1996.

References

{{DEFAULTSORT:Saab, Ayoub-Farid Michel 1936 births Living people Lebanese bankers People from Tehran American University of Beirut alumni