Loay Hisham Nazer is selected as a young global leader by World Economic Forum
- United Arab Emirates: Saturday, January 28 - 2006 at 14:33
- PRESS RELEASE
Leading Saudi businessman Loay Hisham Nazer, Chairman of the Nazer Group, has been named by the Forum of Young Global Leaders, an affiliate of the World Economic Forum, as one of the 16 new Young Global Leaders 2006 from the Middle East and North Africa and will join a global community which now includes 410 leaders from all regions and stakeholder groups.
Established in 2004 by Professor Klaus Schwab, Executive Chairman of the World Economic Forum, the Forum of Young Global Leaders is a unique, multi stakeholder community of the world's most extraordinary leaders who are 40 years old or younger and who are ready to dedicate a part of their time and energy to jointly work towards a better future.
Each year a new class of around 200 YGLs is selected for a five year membership, ultimately forming a community of 1,111 by 2009. The 2006 class was chosen from among 3,500 candidates by the Forum of Young Global Leaders' Nomination Committee, featuring 28 international media leaders. The Committee is chaired by Her Majesty Queen Rania of the Hashemite Kingdom of Jordan.
The 2006 class of Young Global Leaders includes over 60 business leaders, more than 30 government leaders, and dozens of scholars, media and nongovernmental organization leaders. They come from 50 countries ranging from Argentina to Zimbabwe. Loay Nazer joins a community that represents 90 countries and includes Larry Page and Sergey Brin, co-founders of Google; Mikheil Saakashvili, President of Georgia; Kumi Naidoo, Secretary-General and Chief Executive Officer, Civicus: World Alliance for Citizen Participation; Daniela Mercury, Singer, Brazil; and Michelle Guthrie, Chief Executive Officer, Star Group.
During their first meeting in Zermatt, Switzerland and throughout 2005, Young Global Leaders formed task forces addressing priority global challenges for 2020 in the areas of development and poverty, global governance and security, environment, education, and health. In addition, a delegation of Young Global Leaders visited the earthquake-affected areas of Pakistan in December 2005 as a first effort in supporting disaster relief and long-term reconstruction.
The Young Global Leaders will meet as a community at their Annual Summit in Vancouver, Canada, 9-12 June 2006, when they will engage together in the 2020 Initiative, a comprehensive endeavour, to understand current and future trends, risks and opportunities at both the global and regional levels, formulate a positive vision for the world in 2020 and put forward concrete strategies to translate their vision into action.
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