News

Central bank chief named in Oman

HandshakeOman has appointed Tahir bin Salim Al Amri as executive president of the Central Bank of Oman. He replaces Hamood Sangour al-Zadjali, who has led the bank since 1991. Al Amri is a former director-general of treasury and accounts at the Ministry of Finance. The job change was announced as one of three royal decrees reported by state media. In the decrees, Sultan Qaboos of Oman also announced a restructuring of the central bank's board. The board will consist of six people, said the decree: the executive president, the Finance Ministry’s undersecretary, the chief executive of the Capital Market Authority, Shaikh Mohammed Bahwan al-Mukhaini, Dr Saif al Sheidi and the deputy chairman, who was named as Sultan al-Habsi. The sultan himself is the chairman of the central bank board. ©2017 funds global mena

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