PHOTO
Muscat: As part of Bank Nizwa’s strategy to nurture and promote Omani talent, the Board of Directors of Oman’s first Islamic Bank, has announced two key senior management appointments. Saif Al Rawahi was promoted from Head of Investment and Government Banking to Assistant General Manager of Investment, Treasury, Government Banking and Project Finance and Abdul Ghafoor Al Balushi from Head of Small & Medium Enterprises (SME) to Assistant General Manager SME. Bank Nizwa has a 91% Omanization rate despite being within the fairly new industry of Islamic finance in Oman. The bank is organically growing the next generation of experts to lead the industry now and into the future.
Khalid Al Kayed, Chief Executive Officer of Bank Nizwa said, “Today’s business environment is complex, dynamic and unpredictable. With Islamic finance being a young industry in Oman, it is our responsibility to nurture human capital development for this promising sector. At Bank Nizwa, we believe talent management and establishing a corporate culture that encourages team members to thrive in their roles individually and collectively is paramount.” He added, “Both Saif and Abdul Ghafoor have been instrumental in their respective roles driving Bank Nizwa forward and I am confident they will further excel in their new roles.”
An industry veteran, Saif Al Rawahi has more than two decades of extensive experience in financial markets and wealth management. Since joining Bank Nizwa in 2014, he has been ushering key investment opportunities and strategic relationships for the bank with government entities and corporate clients, as well as high net worth individuals. Saif holds a Bachelor’s of Business Economy from Staffordshire University in the UK and a Professional Diploma in Financial Markets, American Bankers Association, from the American Institute of Banking, Washington D.C, USA.
Abdul Ghafoor Al Balushi joined Bank Nizwa during the early years and is promoted to the new role after successfully driving the growth of the (SME) & Wholesale Banking Division. He was responsible for the SME business model product development, as well as training branch managers and assistant manager officials on credit initiation and approvals process. Abdul Ghafoor has a wealth of experience in Oman’s banking landscape spanning for over 25 years, and holds a Bachelor’s of Banking and Finance and a Master of Business Administration (MBA) from University of Wales Bangor in the UK. He also holds several professional certificates from different International banks like Credit Suisse, Commerze Bank, and Union Bank of California to name but a few.
Bank Nizwa continues to train and bring in the next generation of Omani talent to take the helm. The bank has adopted a proactive approach to talent development and has become the go-to source for Islamic finance in the Sultanate. It has also become the employer-of-choice for fresh graduates and veteran experts alike. Moving forward, Bank Nizwa will continue its efforts to raise awareness on Islamic finance. To date it has led several industry-leading initiatives including the nationwide roadshow, the Islamic Finance Knowledge Series and the annual Islamic Banking Knowledge Forum.
-ENDS-
© Press Release 2019Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
