Oman Investment Authority restructures boards of 15 companies

The chairmen of five companies were replaced

  
Business man holding phone. Image used for illustrative purpose.

Business man holding phone. Image used for illustrative purpose.

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DUBAI- The Oman Investment Authority has restructured the boards of 15 companies overseen by it as part of a comprehensive review of state-owned companies, the state news agency said on Sunday.

The chairmen of five companies were replaced. Oman established the Oman Investment Authority last month to own and manage most of the country's sovereign wealth fund and finance ministry assets.

(Reporting by Maha El Dahan; Writing by Yousef Saba; Editing by Angus MacSwan) ((Yousef.Saba@thomsonreuters.com; +971562166204))