MUSCAT — National Bank of Oman said on Sunday its chief executive, Abdullah bin Zahran Al Hinai, had submitted his resignation for personal reasons, with his departure taking effect on March 31, 2027.
The board of directors accepted the resignation, submitted on November 1, the bank said in a disclosure signed by its chairperson, Amal Suhail Bahwan.
Al Hinai will continue to perform his duties until the end of the transition period. The board said it would take the necessary measures to implement a succession plan for the chief executive position before his departure.
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The bank did not name a successor in the disclosure.
The board thanked Al Hinai for his leadership and contributions to the bank. NBO said it would announce further developments in accordance with applicable laws and regulatory requirements.
