- Reflects on achievements of 2017 and reveals strategic plan for 2018 to staff
Muscat, January 07, 2018: Oman Arab Bank (OAB), last weekend, hosted a special ‘Town Hall Meeting’ for its staff at the Shangri-La Barr Al Jissah Resort and Spa. The event, which was presided over by the CEO of the Bank, Amin Al Husseini, reflected on the many achievements of the Bank over the course of 2017 while also touching upon the Bank’s strategic plans for the year ahead.
Also in attendance at the event was Rashad Al Musafir, the DCEO of the Bank, together with other members of the executive management as well as staff from across the Bank’s branch network.
Commenting on the event, Amin said, “Each and every member of our staff is a very highly valued member of the OAB family. It is their collective hard work and effort that ensures our success year after year. As such we feel it is of vital importance that the operations of the Bank remain transparent with each and every one of them and that they are made aware of the progress within the bank as well as our future plans.”
The event, which began at 8:00am on Saturday, January 06, included a number of talks and presentations from the heads of various departments within the Bank; each showcasing their respective department’s achievements over the past 12 months and their plans for 2018.
Commenting on the Bank’s achievements in 2017, Rashad said, “We made significant progress on all fronts last year; with particular attention given to our digital banking platforms. In fact, last year saw the launch of our all new ground-breaking digital banking platform alongside our all-new mobile banking app. We also made significant upgrades to our internal systems, automating and streamlining a majority of them. Furthermore, as part of our ongoing branch transformation strategy, we relocated, transformed, and launched six new branches across the country, two of which were state-of-the-art flagship branches.”
“As a result we are entering 2018 with a very strong footing; with the aim of taking our ongoing transformation strategy to the next level. This year we will put even greater emphasis on our digital banking platforms, streamlining and revamping existing systems, whilst at the same time continuing in our quest towards introducing new never before seen systems. We will also step up our branch transformation efforts with the aim of converting eight branches in the months ahead. As a whole I am confident we will end 2018 on an even higher note than we did this year,” added Rashad.
The event also included talks by the CEO and DCEO, together with an interactive session with the CEO where the staff were presented with an opportunity to ask the CEO any queries they might have regarding the Bank as a whole. In addition, OAB had also setup five interactive stations for staff to use on location, each focused on five different aspects of OAB’s internal and external operations – Digital Banking, Hassad Savings Scheme, Quality Assurance, Code of Conduct, and E-Learning. Additionally, the Bank also held a special commemorative prize draw for its staff that attended the event.
Oman Arab Bank is one of the first banks to be established in Oman, with a rich and proud history. Today, the bank operates a nationwide network of 65 branches and representative offices and 148 ATMs spread across the Sultanate. OAB provides the complete range of financial products and services for personal banking, corporate and investment clients.