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[June 29, 2014]
Mamari takes over as CEO of Omantel [Times of Oman]
(Times of Oman Via Acquire Media NewsEdge) Muscat: Omantel's Board of Directors announced the appointment of Talal Said Marhoon Al Mamari as the new chief executive officer with effect from yesterday, replacing Dr Amer Awadh Al Rawas, who has decided to move on to the oil and gas sector as the CEO of a company involved in enhancing oil production while preserving the environment.
The Board of Directors had earlier approved the succession plan for the senior executive roles within the company to ensure continuity in business in case any senior executive position falls vacant.
Prior to his appointment as Omantel's CEO, Talal Al Mamari, was holding the position of Chief Financial Officer of Omantel responsible for preserving and creating shareholder value for the company's investors. Al Mamari chairs several internal committees and teams and sits on the boards of different companies and investment funds. He played instrumental role in the Initial Public Offering in 2005 and in the integration of mobile and fixed operations and later in overseeing the full legal merger of Oman Mobile with Omantel.
The Board of Directors has expressed its thanks and appreciation for the efforts and achievements made by Dr. Amer bin Awadh Al Rawas during a very critical period for the company during his tenure as CEO, especially in leading the integration of mobile and fixed operations in one entity and growing the company's network share which led to enhancing investor's confidence and increase of Omantel's market capitalization.
(c) 2014 Muscat Press and Publishing House SAOC Provided by SyndiGate Media Inc. (Syndigate.info).
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