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Omantel appoints new chief executive
June 29, 2014 / 2:00 PM / 3 years ago

Omantel appoints new chief executive

DUBAI, June 29 (Reuters) - Oman Telecommunications (Omantel) has appointed Talal Said Marhoon al-Mamari as chief executive, the company said in a statement on Sunday.

Mamari is a company veteran and was previously chief financial officer. He has replaced outgoing CEO Amer Al-Rawas, who will take up a similar role at a company in Oman’s oil and gas sector, Omantel said, but did not provide further details.

Omantel is Oman’s second-largest listed company by market value and it made a consolidated net profit of 119.28 million rials ($310 million) in 2013, up 2.6 percent from a year earlier. ($1 = 0.3850 Omani Rials) (Reporting by Matt Smith; editing by Keiron Henderson)

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