National Bank Of Oman Appoints New Chief Executive Officer

National Bank of Oman said on Saturday it appointed Ahmed al-Musalmi as its new chief executive officer.

Musalmi, who has served as deputy chief executive officer for the bank since 2011, succeeds Salaam al-Shaksy who is leaving the bank to pursue new professional interests, a statement by the bank said.

The bank’s first quarter net profit grew by 20 per cent in the first quarter of the year to OMR10.2 million ($26.75 million), slightly above analyst expectations.