The Board of The Financial Corporation Company SAOG, has appointed Mr. Saud Ahmed Al Siyabi as a temporary director to the Board with effect from September 10, 2023, to fill the casual vacancy created by the resignation of Mr. Said Ahmed Safrar due to personal reasons. The boars has considered his resignation and approved it on September 6, 2023. Mr. Al Siyabi holds a Master?s degree in Applied Economics from Australia and a Bachelor?s Degree in Economics from Jordan.

He brings in a vibrant working experience of more than 20 years, during which he held various senior positions within the Government sector. Mr. Al Siyabi is a board member in Shinas Generating Company SAOC, Dhahira International Development & Investment Company SAOC and Wasel Exchange SAOC. Currently, he serves as the Chief Operating Officer at Oman Investments and Finance Company SAOG.

the company is confident that his rich experience will help the company strategically. Mr. Saud will serve as a temporary director till the next Annual General Meeting. Mr. Saud has been nominated to the Nomination, Remuneration, and Executive Committee to replace the outgoing member, Mr. Said Ahmed Safrar.

Following Additional changes have been made: Mr. Qaboos Abdulla Al Khonji has been appointed as the Vice Chairman. Mr. Raffy Kozadjian has been nominated as a new member of the Audit Committee, replacing the outgoing member.