For the second consecutive year AbdulRazak Ali Issa, chief executive of Bank Muscat, has earned a prominent position among the top 100 CEOs in the GCC region.
In recognition of outstanding contributions to the banking and financial sector in Oman and the GCC region, Issa was ranked 47th among the Top 100 CEOs in the GCC region by leading business publication group Mediaquest, a press release said.
Commenting on the achievement, Issa said: “I am honoured to be reckoned among the most influential CEOs in the GCC region. I owe this achievement to the valuable development opportunities made available to Omanis by the vision of His Majesty Sultan Qaboos bin Said. Bank Muscat is a Renaissance achievement of the sultanate and I am proud to have been associated with the bank in its quest to emerge as the leading financial services provider in Oman. I thank the entire banking fraternity in the region for this recognition and goodwill. I also owe this achievement to the support from 3,500 plus colleagues at Bank Muscat.”
A highly respected figure in the financial sector, Issa is the chairman of Oman Banks Association. He added, “The current developments in the GCC financial and banking sector are attributable to the sincere and dedicated efforts by the regulatory bodies in addition to the continued focus on developing and grooming the youth through educational and training programmes.”
Issa, who has over 40 years of experience in the banking sector, assumed the role of chief executive of Bank Muscat in 1994. Since assuming the role of chief executive, his vision and determination have been to introduce the finest global banking practices and products to Oman through Bank Muscat, thereby raising its stature as the premier financial institution in the sultanate.