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Sohar International conducts Investor Relations Meet hosted by Muscat Stock Exchange

The virtual meeting was hosted by Muscat Stock Exchange SAOC (MSX) and saw attendance of a large number of investors, representations of various investment houses within the country, and members of the bank’s senior management.

TAS News Service

info@thearabianstories.com

Wednesday, May 19, 2021

 MUSCAT: Building strong corporate governance & following best international practices to enhance investor relations, Sohar International recently conducted a virtual Investor Meet hosted by Muscat Stock Exchange SAOC (MSX) to discuss and shine light on the current operating environment, business strategy & the bank’s financial performance.  Lead by Mr. Ahmed Al Musalmi, Chief Executive Officer of Sohar International, the panelists representing the bank comprised of Mr. Khalil Al Hedaifi, Chief Retail Banking Officer, Mr. Craig Barrington Bell, Chief Financial Officer, Mr. Manish Dhameja, Chief Wholesale Banking Officer, and Mr. Abdul Wahid Al Murshidi, Chief Islamic Banking Officer.

The virtual meeting was hosted by Muscat Stock Exchange SAOC (MSX) and saw attendance of a large number of investors, representations of various investment houses within the country, and members of the bank’s senior management.

Highlighting several areas during the meeting, Mr. Ahmed Al Musalmi, Chief Executive Officer of Sohar International, said, “The bank’s long-term strategy is aimed at achieving excellence, setting the organization on a sustainable growth path, thereby contributing to the national economy aligning to the Sultanate’s goals. This will be based on steadfast resilience and the ability to nurture a sustainable operating economic environment. The bank continues to work closely with the regulators to ensure that its digitalization journey is well aligned and paves the way for a redefined banking experience while remaining operationally resilient throughout.”

Sohar International’s ability to continue its growth trajectory and deliver on its strategic imperatives, is exemplified in the confidence that shareholders have in the Bank. This reaffirms the bank’s strengthening market position and investor confidence, despite a challenging operating environment. The strategic meeting cements Sohar International’s firm belief in establishing and retaining meaningful relations with its shareholders and investors whether locally, regionally, or internationally.

“We understand the importance of being transparent and collaborative especially in such market conditions. With every decision we make, our focus remains to bring our stakeholders every opportunity to stand out, succeed, and win. This achievement would not have been possible without the support of our stakeholders – we thank them for being with us on this winning journey,” added Mr Ahmed Al Musalmi.

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