Bank So­har ap­points Arora as new DGM and head of re­tail bank­ing

Muscat Daily - - BUSINESS -

Mus­cat - Bank So­har an­nounced the ap­point­ment of Ra­jeev Arora as its new DGM and head of re­tail bank­ing in line with pro­gres­sive bank strate­gies that de­ploy the most com­pe­tent ex­per­tise within its op­er­a­tions.

Com­ment­ing on the new ap­pointee, Sasi Ku­mar, act­ing CEO, Bank So­har, said, “On be­half of all the man­age­ment and staff at Bank So­har, I would like to wel­come Ra­jeev Arora and em­pha­sise that he brings a great deal of pro­fes­sional tenac­ity to our team. With the bank­ing sec­tor within the sul­tanate con­tin­u­ing to wit­ness in­creased com­pe­ti­tion and new chal­lenges, the ap­point­ment of a new DGM and head of re­tail bank­ing at this cru­cial time is def­i­nitely go­ing to re­flect pos­i­tive re­sults for the or­gan­i­sa­tion in the short and long run. The re­struc­tur­ing of our re­tail di­vi­sion un­der a new head also re­flects our com­mit­ment to re­tain­ing ex­cel­lence in hir­ing the right kind of ex­per­tise so that we con­tinue to de­liver bank­ing ex­cel­lence in cre­at­ing in­no­va­tive fi­nan­cial so­lu­tions, prod­ucts and ser­vices.”

Arora said: “I am pleased to part of one the lead­ing banks in the coun­try and look for­ward to the many op­por­tu­ni­ties that this new po­si­tion holds. Bank So­har has gained a strong po­si­tion in the sec­tor ow­ing to its in­no­va­tive prod­ucts, stel­lar ser­vice and cus­tomer fo­cus, thereby bring­ing Oman’s bank­ing sec­tor on par with the global in­dus­try. I am hon­oured to be given the op­por­tu­nity to share my ex­pe­ri­ence and be part of the bank’s growth.”

Arora is an ex­pe­ri­enced banker with ex­ten­sive ex­pe­ri­ence in strate­gic plan­ning, build­ing new busi­nesses and man­ag­ing large scale trans­for­ma­tion pro­grammes.

Ra­jeev Arora

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