CEO Today - Middle East Awards 2022

AbdulAziz Mohammed Al Balushi AbdulAziz Mohammed Al Balushi is the Group CEO of Oman International Development and Investment Company SAOG (OMINVEST). With over 34 years of professional experience, AbdulAziz has extensive and in-depth knowledge of the global financial services industry. Since joining OMINVEST in 2014, AbdulAziz together with the Management Team transformed the Company by implementing the new Vision set forth by the Board of Directors, formulating a new organizational culture, structure, and policies. Under the leadership of AbdulAziz, the Management Team successfully accomplished the merger between OMINVEST and ONIC Holding, creating the largest publicly listed investment company in Oman. AbdulAziz and the Management Team were also responsible for several key initiatives at OMINVEST, such as, the IPO of its flagship insurance company National Life; the development of its iconic headquarters OMINVEST Business Centre; the merger of National Finance and Orix Leasing Company; Capital Raising initiatives such as the issuance of perpetual bond for OMINVEST; and the merge of Oman Arab Bank with Alizz Islamic Bank, which led to Oman Arab Bank’s listing on the Muscat Stock Exchange and becoming an SAOG. Prior to joining OMINVEST, AbdulAziz was the CEO of Ahli Bank SAOG from 2007 to 2013 and was primarily responsible for converting a singleproduct mortgage bank into a full-fledged commercial bank with assets of over US$ 3 billion and equity of over US$ 450 million. In November 2012, AbdulAziz was ranked “Second Best CEO in the Arab Banking World” by Forbes Middle East. In April 2019, he was conferred the “CEO of the Year” Award at the Oman Banking & Finance Awards by Oman Economic Review. AbdulAziz holds a Master of Science Degree in Finance from the University of Strathclyde (UK) and is a Fellow of Chartered Institute of Bankers (UK). AbdulAziz served at various Boards across the Sultanate and as an Advisory Board Member in the college of Agriculture and Marine Services at Sultan Qaboos University. Currently, AbdulAziz is the Chairman of Oman Real Estate Investments and Services SAOC and Salalah Resorts SAOC. He is Deputy Chairman of Jabreen International Development Company SAOC; and a Board member at Oman Arab Bank SAOG, National Finance Company SAOG and National Life and General Insurance SAOG. Additionally, he is a member of Oman American Business Centre, an organization formed to foster the development of commercial activity between the United States of America and the Sultanate of Oman. He is also a Fellow of the Institute of Financial Services, an organisation supporting professionalism in Financial Services. CEO Today Mi dd l e Ea s t Award s 2022 - OMAN - - 45 -

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