Oman Oil Marketing names new acting CEO
MUSCAT, December 1, 2020
Oman Oil Marketing Company (OOMCO) has appointed Hussain Jamaa Ismail Bait Ishaq as the Acting Chief Executive Officer replacing David Michel Kalife. Bait Ishaq, who is currently the general manager of retail, has been with the company for the last 13 years.
A leading Omani company, OOMCO is involved in the marketing and distribution of fuel and lubricant products and operates in the sectors of fuel retailing, direct fuel sales to government and commercial sector in addition to aviation refueling and the storage and distribution of lubricants. It has now diversified into retail and customer services as well.
In a statement issued to the Muscat Securities Market (MSM), the Oman Oil Marketing said the board meeting held last month decided against renewing the contract of Kalife and hence was terminated with effect from December 1.
The board has also decided to appoint an executive search consultant to start the recruitment process for the new CEO.
