MUSCAT — Oman Investment Bank has confirmed the appointment of Mohamed Sultan Salim Al Habsi as Chief Executive Officer after he spent the past year leading the bank in an acting capacity, the lender said.

The bank said the decision reflects the board’s confidence in Al Habsi’s leadership and the progress achieved under his direction during a key phase of execution and transformation.

Al Habsi, who has more than 18 years of experience in investment banking and international business, oversaw efforts to advance the bank’s strategic priorities, strengthen its market positioning, and expand its role in connecting regional capital with investment opportunities aligned with Oman’s broader economic vision.

“The Board’s decision reflects the strong leadership demonstrated by Mohamed over the past year,” said H.E. Abdulsalam Mohammed Al Murshidi, Chairman of the Board.

“His clarity of direction and disciplined approach have supported consistent progress, and we are confident in his ability to lead the next phase of development,” he added.

Commenting on his appointment, Al Habsi said he was honoured by the board’s confidence and would continue focusing on sustainable growth and long-term value creation.

“Together with the team, we will continue building on recent achievements and remain focused on delivering sustainable growth and long-term value creation,” he said.

The bank said it would continue strengthening its position as a trusted partner for investors, with a focus on disciplined execution, innovation, and supporting the development of Oman’s financial ecosystem.