The National Bank of Oman would like to announce that Mr. Murray Sims, CEO of National Bank of Oman since April 2008 will be leaving the Bank on the expiry of his contractual term.

The Board of National Bank of Oman express their appreciation to Mr. Murray Sims for his contribution to the Bank during his period of office, and are pleased to announce the appointment of Mr. Salaam Al Shaksy as his successor as CEO.

Mr. Al Shaksy has been CEO of Dubai Banking Group and Dubai Bank since May 2005, and prior to this was the CEO of Dubai Islamic Investment Group.

Mr. Al Shaksy has more than 23 years experience in Banking, including previously working in Senior positions in National Bank of Oman , Bank Dhofar ,and CEO of Majan International Bank.

He currently has a number of board memberships and affiliations in Oman and elsewhere.

After an appropriate handover period Mr. Al Shaksy is expected to assume his duties as CEO of the Bank at the end of March 2010.