The board of directors of Muscat Finance in its meeting held on November 22, 2017 has approved a change in the composition of the Audit Committee, Risk Management Committee & Executive Nomination and Remuneration Committee as Mr. Faisal Mohamed Al Yousef as Chairman of Executive Nomination & Remuneration Committee, Mr. Pramod Kumar Hiran, Mr. Gamal Mohamed Mohamed Ahmed Abdulla and Mr. Chandrahasan Thouzhukkat Menon as members of Executive Nomination & Remuneration Committee; Mr.Abdul Amir Saied Mohammed as Chairman of Audit Committee, Mr. Babu Thomas and Mr. Yousef Mohamed Al Yousef as members of Audit Committee; Mr. Sameer Kumar as Chairman of Risk Management Committee, Mr. Babu Thomas and Mr. Yousef Mohamed Al Yousef as members of Risk Management Committee.