Muscat: Dhofar International Development and Investment Company has appointed Said bin Ahmed Saad Safrar as Chief Executive Officer, effective August 11. The company disclosed the decision to the Muscat Stock Exchange following approval at its third Board of Directors meeting.
Safrar, a veteran executive, previously served as CEO of Oman Investment and Finance Company (OIFC) from 2014 to 2025. He brings more than 28 years of experience spanning the banking, telecommunications, investment, and services sectors.
He holds an MBA from the University of Hull in the UK and has completed executive leadership programs at Harvard Business School and other global institutions.
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In addition to his new role, Safrar chairs Dhofar Foods & Investment SAOG, Wasel Exchange SAOC, and Mazoon First Fund, and sits on the boards of Sohar International Bank SAOG, Taageer Finance Company SAOG, and Dhofar Generating Company SAOG.
The company said his appointment reflects efforts to strengthen leadership and drive sustainable growth in line with its long-term strategy.
