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Replacement of a member of Board of directors

30 Jan 2020 10:19

RNS Number : 4392B
BankMuscat (S.A.O.G)
30 January 2020
 

Date: 30th January 2020

 

Replacement of a member of the Board of Directors.

 

Bank Muscat would like to inform the market that Royal Court Affairs, one of its major shareholders, has nominated Sheikh Ahmed bin Hamed bin Hilal Al Sadi to replace Mr. Sulaiman bin Mohamed Al Yahyai, its proxy on the Board of Directors of the bank, who has resigned from the Board due to his personal reasons. This nomination is subject to regulatory approvals. Bank Muscat wishes Sheikh Ahmed Al Sadi all the very best in his new role in the Bank and wishes Mr. Sulaiman bin Mohammed Al Yahyai all the best in his future endeavors.

 

 

 

Waleed K. Al Hashar

Chief Executive Officer

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