Mr. Rashad Al Zubair
Chairman
Mr. Rashad Al Zubair is the Chairman of The Zubair Corporation, one of the Sultanate’s leading diversified business groups. The Corporation manages over 50 operating companies, with interests spanning in sectors such as, industrial and chemical solutions, smart electrification and automation, mobility and equipment, energy and natural resources, fast-moving consumer goods, real estate development, hospitality, digitalisation and information technology. Prior to assuming his current role in 2010, he served as President of The Zubair Automotive Group (ZAG) and subsequently as Group President of The Zubair Corporation for several years.
Al Zubair has served as Chairman of Oman Arab Bank since June 1999. He is also the Chairman of The Zubair Holding SAOC and Oasis Water Company SAOC, as well as Vice Chairman of Barr Al Jissah Resort Co SAOC. In addition, he is the Vice Chairman and a founding member of Muscat University.
Throughout his career, Al Zubair has held numerous board and leadership roles, including chairmanships, across prominent joint-stock companies. He previously served as Deputy Chairman of the Oman Business Council and was a member of its founding Board. He also served as Chairman of Oman-Lebanon Business Council, in Oman and as the founding Chairman of Oman German Friendship Association. Furthermore, he served as a Director of the Financial Service Authority, the regulatory authority overseeing Muscat Stock Exchange, and was a member of Oman Centre for Governance and Sustainability.
Ms. Randa Sadik
Deputy Chairman
Ms. Randa Sadik assumed her role as the CEO of Arab Bank in February 2022, prior to which she was the Deputy CEO since 2010. Ms. Sadik previously held various leadership roles during her 24 years at National Bank of Kuwait, the last of which was the General Manager of the International Banking Group in London and Kuwait. Ms. Sadik holds several positions within Arab Bank Group, among which are a Board Member of Oman Arab Bank in Oman, and Board Member of Arab National Bank in Saudi Arabia.
Ms. Sadik is also the Chairman of Jordan Capital and Investment Fund Company, Board Member of Jordan Capital and Investment Fund Management Company, Board Member of Jordan Payments and Clearing Company, Board Member of the Association of Banks in Jordan and Board Member of Al Hussein Fund for Excellence.
Ms. Sadik holds an MBA degree from the American University of Beirut.
Mr. Abdulaziz Al Balushi
Board Member
Mr. Abdulaziz Mohammed Al Balushi serves as the Group CEO of Oman International Development and Investment Company SAOG (Ominvest). With over 39 years of experience in the financial services sector, he possesses a profound understanding of global market dynamics.
Since joining Ominvest in 2014, Mr. Al Balushi and his management team have successfully implemented a transformative vision articulated by the Board of Directors, reshaping the company’s culture, structure and policies. Under his leadership, the team executed the merger between Ominvest and ONIC Holding, establishing Oman’s largest publicly listed investment company. His tenure also saw several significant initiatives, including the IPO of the flagship insurance company National Life, the development of the Ominvest Business Center and the merger of National Finance with Orix Leasing Company. Furthermore, he spearheaded capital-raising efforts, including a perpetual bond issuance and played a vital role in the merger of Oman Arab Bank with Alizz Islamic Bank, which facilitated Oman Arab Bank’s listing on the Muscat Stock Exchange as an SAOG. He also led NLGIC’s acquisition of RSA Middle East, positioning NLGIC among the top ten insurance companies in the region.
Before his role at Ominvest, Mr. Al Balushi served as the CEO of Ahli Bank SAOG from 2007 to 2014, where he was instrumental in transforming a single-product mortgage bank into a comprehensive commercial bank, achieving over US$ 3 billion in assets and more than US$ 450 million in equity. In recognition of his achievements, he was named “Second Best CEO in the Arab Banking World” by Forbes Middle East in November 2012 and received the “CEO of the Year” Award at the Oman Banking and Finance Awards in April 2019.
Mr. Al Balushi holds a Master of Science in Finance from the University of Strathclyde (UK) and is a Fellow of the Chartered Institute of Bankers (UK). He has also served on various boards in the Sultanate and was an Advisory Board Member at the College of Agriculture and Marine Services at Sultan Qaboos University and a board member at Financial Service Authority (FSA).
Currently, he holds the position of Chairman of Ubhar Capital, and Chairman of Oman Real Estate investment and services LLC. Additionally, he is a board member of Oman Arab Bank SAOG, National Finance Company SAOG, LIVA Group, LIVA Oman as well as Injaz Oman.
Mr. Walid Al Samhouri
Board Member
Mr. Walid Al Samhouri is Executive Vice President – Jordan Country Head at Arab Bank. He has a vast banking experience for more than 37 years with Arab Bank where he worked in different geographies and handled various responsibilities in the Corporate and Institutional Banking, Credit, Banking Operations, Commercial and Trade Finance.
Mr. Al Samhouri is the Chairman of Arab Sudanese Bank, Sudan and a board member of Arab Tunisian Bank, Tunisia. He is also a Board member in Jordan Loan Guarantee Corporation, Jordan. He holds a Master’s degree in Economics from the University of Jordan.
Mr. Imad Sultan
Board Member
Mr. Imad Sultan joined the family business at W. J. Towell & Co. LLC (a major diversified family-owned corporation since 1866) as a Business Development Manager in 1995 and has been in the Towell Group since then. He is currently the Vice Chairman and Managing Director of W. J. Towell LLC as well as the Chairman of the Executive Committee of the Group. He is a Board Member of Towell International Holding Company KSCC (Kuwait), Chairman of the Nomination and Remuneration Committee and Member of the Executive Committee.
He is also the Vice Chairman and Member of the Executive Committee and Audit Committee at Muscat Stock Exchange SAOC and a member of the Board of Trustees at the College of Banking & Finance.
Formerly, he served as a Director on the Boards of National Bank of Oman SAOG, Oman International Development and Investment Company (Ominvest), National Hospitality Institute, Savannah Resources PLC and Oman Tennis Association among others.
Mr. Imad holds a Bachelor of Science in Business Administration in Marketing from the American University in Washington DC, USA and has been a member of the Young Presidents Organization since 2005.
Mr. Mohammed Al Ghanamah
Board Member
Mr. Mohammad Al Ghanamah has held the position of Executive Vice President and Head of Credit Division at Arab Bank since 2010. He previously worked in several executive positions at the Bank, where he held the position of Executive Vice President – Global Head of Corporate and Investment Banking from 2007 to 2010.
Mr. Al Ghanamah held several positions between 1976 and 2010 across major regional banks including Saudi American Bank, United Saudi Bank and BanquSaudi Fransi in Saudi Arabia. He also worked at Gulf International Bank in Bahrain and Cairo Amman Bank in Jordan.
Mr. Al Ghanamah has over four decades of experience in the banking and management field. He is a member of several Boards of Directors, including Arab National Bank in Saudi Arabia, Arab Bank in Syria and T-Bank in Turkey. He holds a Bachelor of Science in Mathematics from King Saud University in Riyadh, Saudi Arabia.
Mr. Nasri Victor Malhamé
Board Member
Dr. Nasri Malhamé served as the CEO of Arab Bank (Switzerland) from 2009-2017. He is a vice Chairman of TradeXBank – Zurich, Switzerland, Board member and Chairman of Audit Committee of Ubhar Capital, Oman.
Dr. Malhamé has previously worked at B.A.I.I. Paris, an affiliate of BNP, after that he joined BNP Paribas-Geneva as an Executive Director in charge of Private Banking and Trade Finance for Southern Europe and the MENA region and was appointed as a member of the Executive Committee in 2000.
He holds a Ph.D. in Banking and Management from Université Paris Dauphine and has set up his own consultancy firm, NVM Consulting.
Mr. Yasir Aqil Badri
Board Member
Mr. Yasir Badri currently serves as Head of Financial Services on the Private Equity Platform at Mubadala Investment Company. He oversees Mubadala’s global private equity investment strategy and activities in the financial services space.
Prior to his role with Private Equity, Mr. Badri was a member of the Mergers and Acquisitions team, responsible for providing transaction execution support to multiple business units at Mubadala. Before that, he worked in the financial risk management department of Mubadala’s corporate finance and treasury function. He joined Mubadala in 2009 as an analyst in the healthcare division.
Mr. Badri is a founding member of the financial services’ Private Equity team. He led several marquee transactions across buyouts and fund investments. Prior to assuming a leadership role in the team, he led the development of Mubadala’s insurance investment strategy and deal execution. He also led the expansion of Mubadala’s Private Equity coverage into Asia.
Mr. Badri is also a director on the Boards of Investcorp Holdings and Bermuda-based (re)insurance company (Private). He holds a Bachelor of Science in Finance from the American University of Sharjah (AUS). He is also a certified Chartered Financial Analyst (CFA) since 2013.
Dr. Nabil Qaddumi
Board Member
Dr. Nabil Qaddumi is the founder and Chairman of SPETCO International Petroleum Company (SPETCO), an oil and gas facilities developer and well services provider operating in Kuwait, Oman and the UAE.
He was also the founder and previous Chairman of PROJACS International, a leading regional project management company, since sold to EGIS, a multinational engineering firm, in 2020.
In the banking sector, from March 2022, he has been serving on the Board of Arab Bank.
He served as a member of Jordan Investment & Finance Bank (Investbank) board during the period 2000-2017, and also as a member of Bank of Palestine’s board from March 2018 until July 2019.
In the public service domain, He is currently the Chairman of the Board of Directors of Taawon for the period 2025-2028 & previously served as Chairman of the Board of Trustees from 2008-2014 & 2022-2025.
Furthermore, he is the founder and Director of the Hani Qaddumi Scholarship Foundation (HQSF) since 2001, and the Acting Chairman of the Arab Fund for Arts & Culture (AFAC).
He served as Governor of Palestine at the Arab Fund for Economic and Social Development for the periods 2008-2017, 2019-2021.
Dr. Qaddumi received his education in Lebanon and the United States. He studied at the American University of Beirut and has degrees from the University of Texas (Bsc., 1976), Stanford University (MSc., 1977), and MIT (PhD., 1982), all in civil engineering.
He was a lecturer at Kuwait University (1982-1996), and a visiting lecturer at Stanford University (1989-1990).









