MUSCAT: Tariq Bin Sulaiman Al Farsi, the former Chief Executive Officer of Al Rafd Fund has been appointed as the new Chief Executive Officer of National Finance, the company said on Thursday.

In a statement issued to Muscat Securities Market, National Finance said Ali Said Al Mani, its General Manager has been promoted to the role or Acting Chief Executive Officer.

Al Farsi will join the new position on September 12. “Al Farsi is an experienced finance professional with more than 19 years of success in personal, commercial and investment banking. Previously, the CEO of Al Raff’d Fund, Mr Al Farsi also served as a board member for Public Authority for SME Development, as well as presiding Chairman of the Tender Committee for SME authority and Entrepreneurship Award (Riyada). He was the Deputy Chairman of the Omanisation in the Finance and Banking Sector Committee in the Ministry of Manpower,” National Finance added.