Muscat: This strategic leadership transition reflects the bank’s forward-looking strategy and underscores its confidence in a seamless succession that upholds institutional stability, ensures continuity, and supports the delivery of long-term value to all stakeholders.

Tariq brings over 25 years of hands-on banking experience, with a distinguished track
record of success across retail banking, corporate banking, SMEs, cards, and digital banking. He
is widely recognized for his leadership in driving major transformation programs and delivering
innovative digital solutions that have enhanced operational performance and elevated
customer experience.

He has played a pivotal role in advancing landmark national and industry-
first initiatives such as cashless government dealings and the development of the Sultanate’s
first e-Commerce gateway and the implementation of advanced digital platforms. His
leadership has consistently contributed to business growth, improved operational efficiency,
and the adoption of innovative banking solutions aligned with evolving market trends.

In this context, Tariq stated: “I would like to extend my sincere appreciation and gratitude
to the Board of Directors for their trust. I am honored to assume this role at this important
stage in the bank’s journey, as it continues to strengthen its position as a leading institution in
the Islamic banking sector. I look forward to building on the achievements accomplished to
date and to advancing innovation while delivering Sharia-compliant banking solutions that meet
our customers’ aspirations and keep pace with evolving market dynamics. We will also continue
to focus on enhancing customer experience, empowering national talent, and achieving
sustainable growth that creates long-term value for all stakeholders.”

Tariq bin Atiq holds a Bachelor of Science in Business Administration from the United States of
America, and an Executive MBA in Leading Digital Transformation from HEC Paris. He has also
completed a range of executive education programs from globally renowned institutions, such
as Harvard Business School (USA) and INSEAD (France) and other professional certifications
from internationally-recognized academic institutions, further strengthening his strategic and
leadership capabilities.

As Bank Nizwa embarks on this new chapter under the distinguished leadership of Tariq bin
Atiq, the bank remains focused on delivering innovative Islamic banking solutions, enhancing
operational excellence, and contributing to the continued development and strengthening of
the Sultanate of Oman’s banking and financial ecosystem.