Muscat Stock Exchange (MSX) Announces Appointment of the New CEO

Thursday, 24 June 2021


MSX Board of Directors of Muscat Stock Exchange (MSX) have appointed Mr. Haitham bin Salem Al-Salmi as the new Chief Executive Officer of the Exchange. Previously served as the General Manager of Muscat Clearing and Depository Company (MCD), Mr. Al Salmi is uniquely placed as the new CEO of MSX. As he has an 18 years of experience serving in the capital market sector which helped him procure the opportunity to work 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.

Mr. Mohammed bin Mahfoud Al-Ardhi, Chairman of  MSX BoD, congratulated the new CEO on his appointment and wished him the best in all his future endeavor. He also expressed happiness on this appointment and showed confidence in capabilities of Mr. Al Salmi to lead the Exchange in an era of development, which began with the transfer of the Exchange from a government owned entity into a private company. He mentioned that, 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.

Mr. Al Ardhi emphasized that Mr. Haitham will have full support from the Board of Directors in performance of his duties in-line with the BoD & Management unilateral Market Development Strategy, underway.

Mr. Haitham bin Salem Al-Salmi, CEO of the Muscat Stock Exchange, took this opportunity to thank the Board of Directors for their confidence and the appointment. He also mentioned that Muscat Stock Exchange  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.