The Lebanese population is among the youngest in the region, with nearly 50% of the country’s resident population under 30. This youthful generation is deeply invested in their country’s future and development. They are also more educated than any previous generation, demanding new jobs and more investment, according to Marwan Kheireddine.
- Who is Marwan Kheireddine?
Marwan Kheireddine is the CEO (Chief Executive Officer) and Board Member of the Lebanese Canadian Bank (LCB). Born in Iqra, Lebanon, Kheireddine was a crucial figure in establishing Lebanon’s Union Bank. He also served as the General Manager of HSBC Canada. After numerous years in banking, he joined Acadia University as an adjunct professor in The Business and Finance Department.
- Marwan Kheireddine Lebanon Investing in Youth and Education.
With an excellent educational system coupled with a vibrant business sector, Lebanon offers many youth opportunities. According to Kheireddine, he believes that the country needs to invest in its young generations. Our human capital is one of the most important things about our country,” he said. Kheireddine believes investing in education and training through government and private funding is essential for Lebanon’s future prosperity and global competitiveness. Kheireddine develops this concept by stating that investing in the youth means investing in human capital, which creates economic value and leads to job creation. Investing in Lebanon’s young generation means investing in its future and stability.
- Marwan Kheireddine AM Bank
In 2015, Kheireddine and his brother founded the Lebanese Canadian Bank in Iqra, Lebanon. The bank focuses on small and medium-sized companies by providing customers tailored and personalized services. The bank’s main objective is to help business owners grow their businesses.
It is not difficult to find talented, inexperienced locals who would excel at the jobs currently being filled by expatriate Lebanese. A recent study by McKinsey found that the financial services sector alone could employ up to 40% more Lebanese had it made an effort to do so over the past decade. In addition, these well-paying jobs would also contribute to closing the stubborn 25% youth unemployment rate in Lebanon.