The chief financial officer is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting, and often the analyses the data. The CFO thus has ultimate authority over the finance unit and is the chief financial spokesperson for the organization. They manage financial risks and work to optimize the financial performance of the company. CFOs also often have a strategic role, advising the CEO and the board on financial decisions, mergers and acquisitions, and investment opportunities. CFOs need to ensure compliance with local regulations and international accounting standards, such as IFRS (International Financial Reporting Standards).
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Top 10 CFOs In Oman - 2023
CFO leadership & strategy in Oman
The chief financial officer is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting, and often the analyses the data. The CFO thus has ultimate authority over the finance unit and is the chief financial spokesperson for the organization. They manage financial risks and work to optimize the financial performance of the company. CFOs also often have a strategic role, advising the CEO and the board on financial decisions, mergers and acquisitions, and investment opportunities. CFOs need to ensure compliance with local regulations and international accounting standards, such as IFRS (International Financial Reporting Standards).
The Evolving Role of Technology in CFO Responsibilities in Oman
CFOs in Oman play a crucial role in the financial management and strategy of organizations in the Sultanate. CFOs in Oman are responsible for overseeing all financial aspects of their organizations, including budgeting, financial planning, and financial reporting. Oman has a well-regulated financial environment with laws and regulations governing financial reporting, auditing, and taxation. However, they also have opportunities to leverage digital transformation to improve financial processes and decision-making. Understanding the local economy is crucial for CFOs in Oman. They need to adapt financial strategies to factors like the oil and gas industry, tourism, and diversification efforts. The role of CFOs in Oman is expected to evolve further as businesses adapt to changing economic and technological landscapes.
CEO Insights Asia in this issue presents a list of ‘Top 10 CFOs in Oman- 2023' who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 CFOs In Oman - 2023" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
 |
Afroz Ahmad , Finance Director | Zeenah | A strategic leader with 25-years of extensive experience in finance and accounts that spans diverse industries, and also specialises in crafting & executing financial strategies, policies and procedural framework |
 |
David Guy , CFO | Awasr | An accountant with experience in the power, water, infrastructure and logistics sectors and having various experiences in diverse fields with a career span of two decades |
 |
Dhiraj Sharma , CFO | National Gas Company | A professional leader with an excellent track record of over 18 years of experience in restructuring financial businesses with hands-on experience in formulating and developing |
 |
Ghassan Al-Hashar , CFO | Oman Telecommunications | A financial leader managing financial performance, nurturing investor relations,and ensuring robust financial governance and risk mitigation, with knowledge in investment banking and asset management |
 |
Musaab Faris Bingaradi , CFO | Oman Oil Marketing Company | A spectacular leader with more than a decade of experience in the financial and management sector, skilled in financial, services, trade and insurance |
 |
Ramakrishnan S , CFO | Al Hashar Group | A management leader with more than two decades of work experience as a financial officer as well as more professional in investment, insurance and team management |
 |
Sanjay Kampani , CFO | shanfari group | A senior finance professional with experience in multiple businesses & geographies, having work experience in various countries & successfull in aligning subsidiaries, financial and accounting policies, procedures & controls |
 |
Sultan Al Mamari , CFO | EDO | A professional leader with over 18 years of experience in the oil and gas industry, spanning upstream and integrated sectors, as well as executing financial plans, budgets, forecasts, and reports for various projects and initiatives |
 |
Sumanth Shankar , CFO | Al Hayat International | An experienced leader with experience in varied industry profiles like manufacturing, logistics & trading of large equipment, trucks and extensive] strategies in all aspects of accounting, auditing financial management, project management |
 |
Thankan Ramakrishnan , CFO | Al Nasser Business & Services | A senior executive with nearly 25 years of experience in the construction, oil & gas, infrastructure, education, and manufacturing sectors as well as developed in strategic financial and more |
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