Bank Sohar appoints new executive management team members

Muscat: Reiterating its commitment towards investing in the capabilities and growth of its executive management team members, Bank Sohar announced the appointment of Abdulhafeedh Al Balushi as AGM and head of SME and Marc Zogheib as senior chief manager & head - Financial Institutions Group (FIG). The new assignment comes in line with the bank’s progressive strategy, which aims to attract and retain the most competent local and global expertise for its workforce.
Commenting on the new assignments, Sasi Kumar, acting CEO of Bank Sohar, said, “On behalf of Bank Sohar’s management and staff, I would like to welcome Abdulhafeedh Al Balushi and Marc Zogheib to our team as they both will bring in a wealth of knowledge and experience to the team. Their appointment reiterates our commitment to identifying and sourcing the most talented and valued expertise to match the standard of banking excellence that we provide across the entire range of our products and services.”
Munira Abdulnabi Macki, GM - HR and Corporate Support at Bank Sohar, also noted, “We are constantly expanding and strengthening our human resources to include diversity, professionalism and expertise. It is part of our overall strategy to enhance the broad spectrum of our capabilities, operation systems, products and services. The new appointees effectively illustrate our commitment towards ensuring that we are fully equipped with the right tools and skill set to serve our valued customers and provide them excellence in banking experience.”
Abdulhafeedh has over 20 years in different fields of banking, including corporate banking, retail banking, project financing, business development, marketing, credit risk and operations. His last held position was with a local bank where he held the responsibilities of Head of Credit and Marketing - Corporate Banking SME. Abdulhafeedh has a Bachelors’ Degree in Business Administration from the Preston University of Management, Science and Technology in Pakistan, which is affiliated with Preston University in Wyoming, USA.
Marc Zogheib has 22 years of banking experience in Corporate and Institutional Banking, Risk Management and Syndications in leading banks in Australia and the GCC. His last held position was at one of the prominent GCC banks as area manager – International Banking. He holds a Master’s in Finance from RMIT University, Melbourne, Australia.