Ahli Bank held its Annual General Meeting (AGM) on June 3, using the electronic platform developed by Muscat Clearing and Depository Company (MCDC).

The AGM elected Hamdan Ali Nasser Al Hinai, Anwar Hilal Hamdoon Al Jabri, Sanjeev Baijal, Keith Henry Gale, Abdul Hameed Ahmed Mohamed Al Bulushi, Rajeev Gogia, Ibrahim Said Badar Al Eisri, Juma Rashid Saif Al Jahwari and Salim Ali Hamed Al Hasni as the Board of Directors of Ahli Bank.

The newly elected Board of Directors held a meeting immediately after the conclusion of the Annual General Meeting in which Hamdan Ali Nasser Al Hinai was elected as the Chairman of Ahli Bank, Anwar Hilal Hamdoon Al Jabri as the First Deputy Chairman and Sanjeev Baijal as the Second Deputy Chairman.

Commenting on the meeting, Hamdan Ali Nasser Al Hinai, Ahli Bank Chairman said, “Ahli Bank has continued to render exemplary services to all its stakeholders through its robust performance year after year. The Bank has been able to continue its growth trajectory despite the daunting challenges faced by the banking sector in general as a result of low oil prices and global economic volatility.”

Thanking the newly elected board members, Hamdan Ali Nasser Al Hinai said, “COVID-19 has presented a new set of challenges, but Ahli Bank stands committed to its priorities to sustain growth and implement customer oriented and social welfare initiatives.”

Commending the outgoing Board members for their contribution, he said, “Ahli Bank having maintained its pace of growth in profits in 2019, is looking forward for a decent performance, in 2020, considering the current challenges faced by the Oman Economy and Banking sector. Our focus will be to continuing to redefine banking habits with top notch product offerings and leveraging new digital technologies to meet the diverse needs of our growing customer base.”

Looking ahead, Ahli Bank will continue its branch network expansion, cautiously, in line with the market demands and will drive forth its growth strategy in order to enhance value for its customers and stakeholders. The Bank, which has been in the forefront of adopting new digital tools will bring in technologies to provide a seamless banking experience for customers.