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Oman Arab Bank names acting CEO

Oman Arab Bank SAOC's board of directors endorsed CEO Amin al-Husseini's recommendation to appoint his deputy, Rashad al-Musafir, as acting CEO, effective Feb. 1, 2018.

Al-Husseini, who was appointed CEO in February 2014, will be managing the executive transition and succession during 2018, the Omani bank said.