Tariq Al Farsi Appointed General Manager of Bank Nizwa

Ahmed Saif al Rawahi

Coming into his position as general manager of Retail and Private Banking with eleven years of experience in investment, retail and corporate banking, Tariq Al Farsi is well-positioned to continue to lead Oman’s Islamic Bank Nizwa to further success.

Al Farsi is a native Omani and has a history of successfully running Islamic banks. He was involved in the ground-breaking beginning of two other Islamic banks; Noor Islamic Bank and Al Hilal Bank.

Al Farsi comes to Bank Nizwa from Dubai Bank where had senior positions a vice-president, head of branches and head of business development. He was also in charge of retail and corporate banking at Dubai Bank.

“Being an Omani, it gives me immense pleasure to be part of something this big; launching the first Islamic Bank for the Sultanate of Oman. Our team will go down in history as being the pioneers of the first Islamic bank of Oman. Until now, I’ve been pursuing my career in Islamic banking elsewhere in the region but with the establishment of Bank Nizwa, it’s a dream come true. I will be working in a country where my heart is,”

Al Farsi commented.

Chairman of the Bank Nizwa Founding Committee Ahmed Saif Al Rawahi had this to say about Al Farsi’s appointment:

“Hot on the heels of the announcement of our CEO last week it gives me great pleasure to bring Al Farsi on board. He brings a wealth of experience of retail, corporate and Islamic banking and has been a key member of the management teams behind the creation of two large scale Islamic banks in the GCC region.”