CBO Board of Governors reconstituted

MUSCAT: His Majesty Sultan Qaboos on Tuesday issued three Royal Decrees. Royal Decree No 42/2017 restructures the Board of Governors of Central Bank of Oman.
Article 1 of the Decree states that the Board of Governors of Central Bank of Oman (CBO) shall be formed under the chairmanship of His Majesty the Sultan, with the 6 people listed as members: the Deputy Chairman of the Board of Governors of CBO, the Finance Ministry’s under-secretary, the Executive President of CBO, the Chief Executive Officer of Capital Market Authority, Shaikh Mohammed bin Saud bin Salim Bahwan al Mukhaini and Dr Saif bin Abdullah bin Saif al Sheidi.
The membership shall be for five years from the date of enforcement of this Decree.
Article 2 cancels all that contradicts this Decree or contravenes its provisions. Article 3 says that this Decree shall be published in the Official Gazette and shall be enforced with effect from the June 11, 2017.
Royal Decree No 43/2017 appoints a deputy to the Chairman of Board of Governors of Central Bank of Oman.
Article 1 appoints Sultan bin Salim bin Said al Habsi as Deputy Chairman of the Board of Governors of Central Bank of Oman, together with his current rank and financial allocations. Article 2 says that this Decree shall be published in the Official Gazette and enforced from the date of issue.
Royal Decree No 44/2017 on the appointment of an Executive President for the CBO.
Article 1 appoints Tahir bin Salim bin Abdullah al Amri as Executive President of the Central Bank of Oman, with the Special Grade.
Article 2 says that this Decree shall be published in the Official Gazette and enforced on its date of issue.
— ONA