Bank Sohar has appointed Ahmed Al Musalami as CEO effective immediately, the bank says in a statement to Muscat stock exchange. Ahmed Al Musalami was previously the CEO of National Bank of Oman (NBO) up until February. Bank Sohar’s acting CEO Sasi Kumar has resigned in early April. In December 2017, Bank Sohar named former NBO chairman Mohammed Al Ardhi to head its board.
Bank Sohar: OMR0.14 as of 17 May. 2018, Rating: Sell, TP: OMR0.12/share, MCap: USD713mn, BKSB OM/BKSB.OM
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