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Oman's OAB bank appoints new GM for Al Yusr Islamic

Oman's OAB bank appoints new GM for Al Yusr Islamic


Muscat, April 19, 2017

Oman Arab Bank (OAB) has announced the appointment of Dr. Khalifah bin Ahmed Al Ghammari as the General Manager of its Islamic banking Window – Al Yusr.

Commenting on the new appointment, Amin R. Al Husseini, the CEO of OAB noted, “The appointment of Dr. Khalifah is part of our continued investment in skilled nationals; both to ensure their growth to senior management positions within the Bank as well as to ensure we are best placed to tackle any challenges that come our way. As such, on behalf of OAB, I would like to congratulate Dr. Khalifah on his appointment. I am confident that under his leadership, Al Yusr will be guided on a path that will see it further enhance its capabilities, systems, products, and services.”

An Omani National, Dr. Khalifah Al Ghammari holds a Doctorate in Business Administration from the Binary University of Management and Entrepreneurship, Malaysia and has accumulated over 26 years of experience in the Banking Sector. Prior to joining OAB as the Head of Government Banking Services in November 2016, Dr. Khalifah held a number of executive positions in several prominent Banks within the country. He has also gained significant experience in the Islamic Banking Sector having done his DBA thesis in Islamic Banking and publishing research papers on Islamic Banking in international journals.

Commenting on his new appointment at Al Yusr, Dr. Khalifah said, “In the short period since Islamic Banking was first introduced to the Sultanate and Al Yusr was launched, it has quickly gained a strong reputation as one of the leading Islamic Banking Windows and a pioneer in innovating new products and services in the Shari’ah compliant sphere. I look forward to joining such a highly qualified, capable and professional team, and contributing towards the ongoing development and growth of the business in the years to come.”

"With 26 years of experience in the field, Dr. Khalifah brings valuable experience to this position. This, coupled with his focus on the Islamic banking sector since it was first introduced to the market in 2013, makes him a quality asset to Al Yusr. His proven leadership skills, coupled with his focus on continuous improvement and performance will help Al Yusr evolve, whilst still continuing to offer innovative products and quality customer service, all in a Shari’ah-compliant environment,” concluded Amin.

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Al Yusr is the Islamic window of OAB. Established in 2013 and commencing operations on July 14 the same year, the Islamic banking window provides services via seven branches; two in the Muscat Governorate (Athaiba and Wattaya), and others in Salalah, Nizwa, Falaj al-Qabail, Ibra and Al-Buraimi. Al Yusr customers also have access to 135 OAB ATM's located across Oman. Al Yusr Islamic Banking provides its retail and corporate customers as well as investors’ a wide range of shari’ah compliant products and services.

-End-

© Press Release 2017

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