Omanoil appoints acting CEO

DUBAI:  Oman Oil Marketing Co (omanoil) said on Thursday it has appointed Hussain Jamaa Ismail Bait Ishaq as acting chief executive effective from January 1, 2017. Bait Ishaq, who has been with omanoil for the past nine years, will continue in the role until a CEO is appointed, the company said in a bourse statement. The board accepted the previous CEO’s resignation on October 30. Bait Ishaq currently serves as omanoil’s general manager for retails and regional offices. Founded in 2003, omanoil’s core business includes operating 179 retail petrol stations in the Sultanate of Oman, according to its website. — Reuters