Rashad Al Shaikh appointed OAB's head of retail banking division
By: Times News Service
Muscat: Oman Arab Bank (OAB) announced the appointment of Rashad Al Shaikh as Head of Retail Banking Division at OAB, after being the acting head of the division, as of last year.
The management’s decision stems from the various successes achieved by Rashad in the last period, especially concerning the acceleration of the digital retail banking strategy.
Commenting on the appointment decision, Rashad Al Musafir, CEO of OAB said, “Rashad Al Shaikh has extensive experience in retail banking. He also has a future vision for the mechanism of developing these services in line with the bank’s strategy to enhance innovation in new solutions that we offer to the market. During the last few months, Rashad led the division’s efforts, while he was Acting Head, and proved his presence in the development of digital solutions, which were launched by OAB for the first time in the local market. He played a significant role in the steady increase of the number of digital banking users and ensuring their level of satisfaction, which is a key objective for the bank. I am confident that the Retail Banking Division will achieve remarkable performance under the leadership of Rashad Al Shaikh during the coming period.”