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Bank Muscat chief among top Gulf CEOs


For the second consecutive year, Bank Muscat Chief Executive AbdulRazak Ali Issa has earned a prominent position among the top 100 CEOs in the Gulf Co-operation Council (GCC) region.

In recognition of outstanding contributions to the banking and financial sector in the Sultanate and the GCC region, AbdulRazak was ranked 47th among the ‘Top 100 CEOs in the GCC region’ by leading business publication group Mediaquest.

On the achievement, AbdulRazak said: “I am honoured to be reckoned among the most influential CEOs in the GCC region. I owe this achievement to the valuable development opportunities made available to Omanis by the vision of His Majesty Sultan Qaboos Bin Said. Bank Muscat is a Renaissance achievement of the Sultanate and I am proud to have been associated with the bank in its quest to emerge as the leading financial services provider in the Sultanate. I thank the entire banking fraternity in the region for this recognition and goodwill. I also owe this achievement to the support from 3500 plus colleagues at Bank Muscat.”

A highly respected figure in the financial sector, AbdulRazak is the chairman of Oman Banks Association.

“The current developments in the GCC financial and banking sector are attributable to the sincere and dedicated efforts by the regulatory bodies in addition to the continued focus on developing and grooming the youth through educational and training programmes and encouraging and motivating them to participate in the development, progress and growth process across the region, ” he added.

AbdulRazak, who has over 40 years of experience in the banking sector, assumed the role of chief executive of Bank Muscat in 1994. His vision and determination have been to introduce the finest global banking practices and products to the Sultanate through Bank Muscat.

The accolades won by AbdulRazak include the ‘Arab Banking Personality’ award by the Arab Banking Union, ‘Power 500 – the World’s most influential Arabs’ award by Arabian Business and the ‘Banking and Finance Personality of the Year’ at the third Middle East CEO awards.

Oman Tribune