The Oman Oil Marketing Company has terminated the contract of its CEO David Michel Kalife and appointed Hussain Jamaa Ismail Bait Ishaq as the brand’s Acting Chief Executive Officer.

In a statement issued to the Muscat Securities Market (MSM), the company said: “The Board of Directors of Oman Oil Marketing Company SAOG decided in its meeting held on 24th November 2020 not to renew Mr. David Michel Kalife, the CEO of the company and terminate his contract with effect from 1st December 2020.

The company issued another statement to MSM, adding that they were delighted to announce that Mr. Hussain Jamaa Ismail Bait Ishaq as the new Acting CEO of the company with effect from 1st December 2020 and until the appointment of the new CEO.

Mr. Hussain has served as the General Manager of Retail and has been with the company for the last 13 years.