Rashad Al Musafir appointed as OAB’s acting CEO


Amin Al Husseini and Rashad Al Musafir have started their new roles at Oman Arab Bank (OAB) as of February 1, 2018.

Al Musafir’s appointment is aligned with the executive succession plan previously adopted by the bank at the senior management level. Al Husseini, who first joined Oman Arab Bank in 2014, has been leading the digital transformation strategy and will be retained by OAB in an advisory capacity, with the mandate to oversee the executive transition and hand-over.

The leadership baton has now been passed to Al Musafir, who has been the bank’s deputy CEO and COO for the last 18 months. Al Musafir has over 20 years of banking experience.

His previous assignment was with Bank Sohar where he held various leadership positions, including the role of Acting CEO. Al Musafir is a certified public accountant (CPA), holds a BA in economics and finance from Boston University and has completed the Harvard Business School’s general management programme.

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