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Omran appoints Mahrouqi as new CEO

23 Jan 2021

Omran Group, the executive arm of the sultanate for tourism development, has appointed Hashil bin Obaid al Mahrouqi as new CEO, replacing the group’s former CEO Peter Walichnowski.

The appointment reflects the belief in empowering national competencies to lead the next stage of Omran’s journey. Mahrouqi was selected after he passed the professional tests and job interviews conducted for various candidates for the position, Omran said in a press statement.

Mahrouqi’s experience spans 20 years in managing real estate project investments and commercial contracts, and he held a number of positions, the last of which were senior manager of investment real estate at the Oman Investment Authority (OIA), chairman and CEO of Yiti Tourism Development Company, chairman of the executive committee and a member of the board of directors at ASAAS Company.

In addition, he has also been a member in a number of boards of directors and associated committees in OIA’s real estate investments in both the United Kingdom and Germany. This also coincided with other roles that he assumed, including managing local and international real estate investment portfolios amounting to RO1bn in the sectors of hospitality, entertainment, logistics, retail and multi-purpose projects, as well as leading projects to attract foreign direct investment worth tens of millions.

Eng Mohammed binSalim al Busaidi, Omran’s chairman said, “We are delighted to welcome the new CEO of Omran Group. His appointment reflects our belief in the young Omani competencies to lead the group towards achieving more accomplishments.”

“In the next stage, we are looking forward to expanding the capabilities of Omran, its subsidiaries and the wide portfolio of diversified tourism assets and investments throughout the sultanate, in line with the directions of OIA, while focusing on maximizing investment returns and achieving in-country value. These efforts will contribute to achieving the goals of Oman 2040 Vision, in addition to attracting tourism investments, developing pioneering projects and generating social and economic returns for the sultanate,” he added.

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