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Al Omaniya Financial Services SAOG

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CempakaAl Omaniya Financial Services SAOG

Aftab Patel, Chief Executive Officer
Sultanate of Oman

Al Omaniya Financial Services SAOG is the Sultanate of Oman’s largest Non- Banking Financial Institution licensed by the Central Bank Of Oman under the Banking Law 1974 to carry on the business of Asset financing, working capital, Bill discounting, Bridge loans, Debt Factoring & Project financing in Sultanate of Oman.

The companies is in operation since 1997 and has a consistent and impressive growth and profitability record and is at number one position in terms of asset size, profitability, lowest Non Performing Assets, Net worth, Earnings per share, market share and Market capitalization.

The company has been rated as Number One Non-Banking Financial Institution by ‘Business Today and Ernst & Young Survey” for the years 2006, 2008, 2010, 2011 and 2012. The company has been awarded the Best SME for the year 2001 and also was awarded as one of the top performing companies across all sectors in Mid cap segment in the years 2010 and 2011.

Al Omaniya is the only Non Banking Financial Institution in the country to be globally rated and been assigned a global scale Corporate family credit rating of “Ba3” by Moody’s Investors Service with the stable outlook.

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Al Omaniya has been led by a visionary nine member Board who are eminent personalities and business heads is Oman and an experienced team of senior management with relevant qualifications and experience who have sailed the company to today’s position. Al Omaniya has won several awards and ‘Number 1’ title consistently for so many years.

Aftab Patel is the founder member and Chief Executive Officer of Al Omaniya Financial services SAOG. He is a graduate in Commerce and a Chartered Accountant from The Institute of Chartered Accountants of India.

He has three decades of rich experience in the areas of banking, financial services, investments and general management. Prior to his long tenure of heading Al Omaniya, he has been associated with highly reputable organization in India as well as large family business groups and banks in Oman. He was also member of Banking & Finance Companies Committee of Oman Chamber of Commerce and Industry. He sits on the Boards of several public companies as an independent director.

Under his stewardship and vision, the company has achieved many milestones and awards and has emerged as the largest Non - Banking Financial Institution in the Sultanate of Oman. It has been rated as number one company on various parameters consistently for many years by the ‘Business Today and Ernst & Young Survey”. Al Omaniya Financial Services under his able leadership and guidance by the Board of Directors has contributed in a significant way to the growth and development of the economy.

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His unique leadership qualities and business acumen have paved way for the enormous wealth creation for all stake holders of the company. He has been awarded the ‘Special Award for Exemplary Leadership’ for the year 2013 by the country’s top business magazine ‘Oman Economic Review’.


He has participated in several International conferences and seminars all over the world. He takes active interest in Company’s Corporate Social Responsibility and has patronized fine arts, sports and other socially relevant activities.

Mr. Patel has lead the company from front and has exhibited tremendous leadership qualities, successfully facing off several challenges in its course and leading the enterprise to its current glory. Mr. Patel is not only a technically competent professional but has deep understanding of the milieu and the environment in which they operate. He bears to bring upon his wisdom, honesty, transparency, empathy, pragmatism and the holistic understanding of human nature in building a rock solid sustainable business model unique selling proposition “Al Omaniya.”