Taageer Finance, a listed financial services company in Oman, has announced the resignation of its recently appointed Acting Chief Executive Officer – Fahad Khamis Al Bulushi – with effect from May 29, 2025.

The company notified about the change in an exchange filing on the Muscat Stock Exchange. “Taageer Finance Company SAOG would like to announce the resignation of Mr. Fahad Al Bulushi, Acting Chief Executive Officer, for personal reasons, with effect from 29 May 2025. His last working day will be 31 July 2025,” it stated.

It also added that the company’s Board of Directors is in the process of appointing a new CEO during Khamis Al Bulushi’s transition period.

Khamis Al Bulushi was named Acting CEO following the exit of Shaheen Mohammed Ahmed Al Balushi in October last year. He initially joined the company in June 2023 as Chief Financial Officer and was later promoted to the position of Chief Operating Officer in January 2024.

Extending best wishes to the outgoing CEO, the company stated, “The Chairman and members of the Board of Directors would like to extend their gratitude and appreciation to Mr. Fahad Al Bulushi for his contribution and commitment during his service at Taageer Finance Company SAOG.”

Khamis Al Bulushi holds nearly 25 years of leadership experience across key sectors in Oman, including Oil & Gas, Aviation, and Finance. Before joining Taageer Finance, he served as Group CFO at Oman National Investments Development Company for over a decade. Prior to that, he held leading roles at Muscat Capital, Oman LNG, BankMuscat, National Bank of Oman, and Bank of Scotland.

He has also served on the boards of several companies, including Al Meera Oman, Nakheel Oman Development, Bauer Nimr, Sun Packaging Company, Oman Fisheries, Oman Investment Corporation, and others.

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On the academic front, he completed a BSc in Commerce and Economics from Sultan Qaboos University, a business leadership course from IMD, and is a Chartered Certified Accountant from ACCA.