Please wait...
GulfBase Live Support
- Bitcoin up by a fifth after Trump lists reserve tokens
- Shares cling to hopes for tariff relief, bitcoin jumps
- Saudi Arabia launches March 'Sah' savings with 4.98% return
- Zain Group revenue for 2024 hits $6.4bn; net income up 15pc
- New association to boost Oman's maritime sector
- OQEP reports RO841mn revenue for 2024
- Moody's lifts Omani banks' outlook to 'positive'
- QLM general assembly meeting approves cash dividends of 10% to shareholders
- 'QSE index fell 2.1 percent in February, expects recovery next month'
- Qatar's residential market remains stable in 2024
26/02/2025 10:42 AST
The Board of Directors of Sohar International Bank on Wednesday announced the appointment of Abdul Wahid Mohamed al Murshidi as new Chief Executive Officer, effective immediately.
Murshidi has been serving as Acting Chief Executive Officer of Sohar International since January 1, 2025, during which he has demonstrated exceptional leadership and strategic vision, the bank said in a press release.
Said Mohamed al Aufi, Chairman of Sohar International, said, "Today marks an important milestone for Sohar International. Abdul Wahid's proven track record, exceptional expertise, and unwavering dedication make him the ideal leader to steer our bank into its next chapter. We are confident that under his guidance, Sohar International will continue to thrive and reinforce its position as a leading financial institution in the region."
In his new role, Murshidi will spearhead the bank's initiatives aimed at achieving exponential and sustainable growth.
"We are pleased to have a leader of Abdul Wahid's caliber to guide the management team toward further success and excellence. With his diverse experience in the banking industry, we believe he will build on the bank's achievements and strengthen its capabilities as a market leader," Aufi added.
Murshidi brings over 18 years of extensive experience in various banking functions, including audit, finance, investment, and Islamic banking. He joined Sohar International in July 2019 and previously served as Deputy General Manager at a prominent local Islamic bank.
Muscat Daily
02/04/2018
Bank Sohar's shareholders attended an Extraordinary General Meeting (EGM) followed by the Bank's Annual General Meeting (AGM) on March 29, 2018 at the Sheraton Hotel in Muscat. The bank's Board of Di
Oman Daily Observer
28/03/2018
Announcing another 43 lucky winners, Bank Sohar held its second monthly prize draw for the Al Mumayaz Savings Scheme 2018 under the auspice of Shaikh Homoud bin Hamed al Wahshi, Wali of Musannah, on
Oman Daily Observer
31/01/2018
Bank Sohar's net profit for 2017 jumped 32.54 per cent to RO 25.331 million compared with RO 19.112 million in 2016. Commenting on the bank's performance, Mohammed Mahfoudh al Ardhi, Chairman of the
Oman Daily Observer
| Ticker | Price | Volume |
|---|
03/03/2025
Zain Group, a leading provider of innovative ICT technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, serving 49 million customers, has deli
Trade Arabia
02/03/2025
OQ Exploration and Production (OQEP) has announced its financial results for the fiscal year 2024, achieving an EBITDA of RO614mn. The financial results highlight OQEP's continued ability to generate
Muscat Daily
02/03/2025
QLM, a leading force in the health and life insurance industry, held its Annual General Assembly meeting on February 26, 2025.The General Assembly approved distribution of cash dividends of 10% to sh
The Peninsula
28/02/2025
Saudi Aramco has slashed the official selling prices for propane and butane for March, according to a statement released on Thursday.
The new prices are set at $615 per tonne for propane and
Arab News
27/02/2025
stc Group, a digital enabler, offering advanced solutions and driving a role in the digitalization process, today (February 26) delivered solid results for FY 2024 with a 85% jump in its net profit w
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia