The Board of Directors of Oman Arab Bank (OAB) have announced the appointment of Rashad Ali Al Musafir as its Chief Executive Officer (CEO) as of September 02, 2018. Rashad brings nearly 20 years of experience in the banking sector having started his career at the Central Bank of Oman (CBO). As the new CEO for Oman Arab Bank, Rashad Al Musafir succeeds Amin Al Husseini. During his tenure, he also developed and executed the executive succession plan for the bank. Following 24 years of service with Arab Bank Group, Al Husseini will shortly depart from OAB as he plans to pursue an entrepreneurial career while completing his Doctorate of Business Administration.