06/06/2013 12:56 AST

The board of directors of Muscat Finance has announced the appointment of Bikram Singh Rishi as the new chief executive officer (CEO) of the company in place of Ajit Engineer with immediate effect.

The board extended its appreciation to Ajit, who served as chief executive of the company for the past five years, which were preceded by 16 years in various managerial roles. Bikram, who is an Indian national with an MBA qualification, brings with him over 20 years of retail banking experience across five multi-national banks, across India, Dubai and the Sultanate of Oman.


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