OAB organizes the 3rd edition of ‘CEO Summit’

With the participation of over 450 business leaders, experts, and change-makers, Oman Arab Bank (OAB) organized the third edition of its annual “CEO Summit” at the St. Regis Al Mouj Muscat resort.
The “CEO Summit” serves as a platform that brings together decision-makers to exchange knowledge and is an eagerly anticipated event in the business community. The creative insights of participants, along with inspiring discussions and panel sessions included in the summit’s agenda, contribute to accelerating transformation across various sectors and supporting the social and economic goals of the Sultanate of Oman.

In his opening speech at the summit, Sulaiman Al Harthi, Chief Executive Officer of OAB, said: “We are pleased to host this distinguished group of change-makers and outstanding speakers, from whom we draw inspiration to chart our path to success. Their visionary insights lead us toward sustaining growth. At OAB, we aspire to enhance our leadership in supporting change and keeping pace with the rapidly evolving financial and banking sector in our contemporary world. Banking services have seen significant transformation, with a growing shift of individuals and institutions toward digital services, which have become highly reliable, fast, and easy to use for completing transactions.”

Al Harthi added: “With its ambitious vision, which clearly anticipates the radical changes taking place in the financial sector, OAB strengthens its participation in sustaining the growth of this sector in the Sultanate of Oman. The bank holds a distinguished position in the development of modern banking services, a comprehensive shift toward digitalization, and enriching the customer experience. It also enhances its role in shaping talent and nurturing future leaders who are capable of keeping up with developments and successfully achieving the social, economic, and environmental goals of Oman’s future vision 2040.” The CEO of OAB also shared his leadership experience and valuable insights on achieving success.

In her speech, Ms Randa Al Sadek, Chief Executive Officer of Arab Bank Plc and Deputy Chairman of OAB Board of Directors, highlighted “the power of adaptability and the importance of embracing change in today’s rapidly evolving world.”
Ms Randa Al Sadek is a seasoned banking expert known for her leadership and strategic abilities. She was recently honored as one of the most influential women in business in the region by Forbes Middle East and has held key positions in several prestigious banks.

The summit included a panel discussion moderated by Dr. Lamya Al Haj, associate professor at Sultan Qaboos University and an expert in leadership and organizational development, where His Excellency Tahir Salim Al Amri, CEO of the Central Bank of Oman, discussed the latest trends and changes in monetary policies, the economic outlook for Oman, and the role of the banking sector in supporting economic growth. He also highlighted the initiatives of the Central Bank to enhance the technological transformation in the banking and financial sectors.