Bank Muscat announces Sheikh Ahmed Al Sadi to its Board of Directors

– OMAN, Muscat –  Bank Muscat (LON: BKM) today announced that the Royal Court Affairs, one of its major shareholders, has nominated Sheikh Ahmed bin Hamed bin Hilal Al-Sadi to replace Sulaiman bin Mohamed Al Yahyai, its proxy on the Board of Directors of the bank, who has resigned from the Board due to his personal reasons.

This nomination is subject to regulatory approvals.

Bank Muscat wishes Sheikh Ahmed Al-Sadi all the very best in his new role in the Bank and wishes Sulaiman bin Mohammed Al Yahyai all the best in his future endeavors.

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