Bank Sohar names new CFO

Published: October 27, 2009

Bank Sohar has appointed Rashad Ali Abdullah Al Musafir as its new CFO. Musafir has been a member of the management team since the inception of the bank and has been heading its planning and reporting unit.

Musafir has more than 12 years of experience in the banking sector in Oman. He began his career in 1997 with the Central Bank of Oman. In 2000, he joined the finance team of Oman International Bank until 2006.

During his time with OIB, he pursued his Certified Public Accounting qualifications and successfully completed all examinations of the Maine State Board of Accountancy in 2002.

Musafir has had a brief stint with the Al Madina Gulf Insurance as their chief finance manager and has also been a part-time instructor with the International Training Institute teaching various subjects for the Certified Internal Auditor and Certified Management Accounting certification programs.

During his career, Musafir has also had the functions of risk management and compliance, and also served on various multi functional committees and project teams.