Muscat Stock Exchange appoints CEO


The Board of Directors of Muscat Stock Exchange (MSX) has announced the appointment of Haitham bin Salem al Salmi (pictured) as the new Chief Executive Officer of the Exchange.

Al Salmi, who previously served as the General Manager of Muscat Clearing and Depository Company (MCD), is uniquely placed as the new CEO of MSX.

With 18 years of experience serving in the capital market sector, the has amassed ample experience in working directly with the regulatory authorities, investment institutions, listed companies and mediators operating in the market and set exemplary service records while achieving several business development milestones.

Mohammed bin Mahfoud al Ardhi, Chairman of MSX BoD, congratulated the new CEO on his appointment as he leads the Exchange in an era of development, which began with its transformation from a government owned entity into a private company.

Muscat Stock Exchange is now a closed joint stock company operation under the umbrella of Oman Investment Authority (OIA) with plans to develop the securities sector and enhance its role in the economic development of the Sultanate while providing a diversified investment climate with opportunities for local and international investors.

Al Ardhi pledged the full support from the Board of Directors as the new CEO’s performs his duties in line with the Board and management’s Market Development Strategy.

Haitham bin Salem al Salmi, CEO of the Muscat Stock Exchange, thanked the Board of Directors for their confidence in him.

Muscat Stock Exchange, he said, is currently going through a crucial transformation phase which requires all capital market sector institutions and individuals to work together affectively towards the initiative of placing MSX on the regional and global investment map as an efficient and developed stock exchange.