Standard Chartered Bank appoints new CEO for Oman

In addition to his role as the CEO, Hussain Ghalib al Yafai will also lead the commercial banking segment

Muscat - Standard Chartered Bank announced the appointment of Hussain Ghalib al Yafai as its new chief executive officer in Oman, effective from April 1.

In addition to his role as the CEO, Yafai will also lead the commercial banking segment. He succeeds Gurcharan Kadan, who successfully led Standard Chartered Oman for five years and will be retiring after working for nearly 30 years with Standard Chartered, a press release said.

Yafai assumes this new position after having successfully led the global banking business at Standard Chartered Oman. Prior to this, Yafai led various high-profile debt capital market transactions for the Middle East and North Africa and has been instrumental in building the Standard Chartered franchise in the region.

Dr Boutros Klink, CEO for Standard Chartered Bank Middle East (excluding UAE) said that Oman and the Middle East are important strategic markets for Standard Chartered.

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