SMN Holding appoints Abdullah Al Naimi as Acting CEO following Mohammed Al Rawahi’s exit

Al Naimi succeeds CEO Mohammed Al Rawahi, who has stepped down from the role after about four years of service. The company announced, “SMN Power Holding SAOG wishes to inform the Muscat Stock Exchange, the Financial Services Authority, and the investor community that Mr. Mohammed Al Rawahi, Chief Executive Officer of the Company, has tendered his resignation for personal reasons. The Board has accepted his resignation, effective 15 September 2025.” 

It added, “The Company extends its sincere appreciation to Mr. Al Rawahi for his valuable contributions over the years and wishes him continued success in his future endeavours.” 

Al Naimi has been serving the company as Group Chief Financial Officer since 2021. The company said, “The Company would also like to announce the appointment of Mr. Abdullah Al Naimi, the Chief Financial Officer of the Company, as the Acting CEO for the time being until further announcements.” 

He brings over two decades of leadership experience to his new role, having previously served Oman Oilseeds Crushing Company, AlNaeemi Group, International Funds Services (IFS), and KPMG in leading roles. 

On the academic front, Al Naimi holds a Master’s Degree in Accounting and Finance and a BCom in Accounting from Michael Smurfit Graduate School of Business, University College Dublin, and completed the Fellow Chartered Accountant (FCA) program from The Institute of Chartered Accountants in Ireland (ICAI), a Diploma in Islamic Finance from The Chartered Institute of Management Accountants, and a leadership program from the University of Oxford.