Haitham bin Salem Al-Salmi has been announced as the new Chief Executive Officer of the Muscat Stock Exchange (MSX) by the Board of directors.
Al Salmi, who was earlier General Manager of Muscat Clearing and Depository Company (MCD), holds 18 years experience in the capital market sector, that helped him work directly with the regulatory authorities, investment institutions, listed companies and mediators, while also setting exemplary service records and achieving several business development milestones.
Mohammed bin Mahfoud Al-Ardhi, Chairman of MSX BoD, while congratulating the new CEO on his appointment, expressed confidence in his capabilities to lead the Exchange in an era of development, that started with the transfer of the Exchange from a government-owned entity into a private company.
Noting that the Muscat Stock Exchange is now a closed joint stock company operating under Oman Investment Authority (OIA), he said that the MSE planned to develop the securities sector while also enhancing its role in the Sultanate’s economic development and providing a diversified investment climate with opportunities for local and international investors.
Haitham would be fully supported by the Board of Directors in his work in line with the BoD & Management unilateral Market Development Strategy, Al Ardhi added.