Haifa al Khaifi to lead Oman’s new energy holding company

oman energy company haifa khaifi
Oman
  • Date: 22-Jan-2021
  • Source: Zawya
  • Sector: Oil & Gas
  • Country: Oman
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Haifa al Khaifi to lead Oman’s new energy holding company

Haifa al Khaifi, one of the most influential women in the region's energy and finance sectors, has been named Chief Executive Officer of Energy Development Oman (EDO), the new holding company established late last year with the mandate to, among other things, represent the government's stake in Petroleum Development Oman (PDO), the largest oil and gas producer in the Sultanate.Haifa, the longstanding Finance Director of PDO, moves to EDO at the helm of a new Omani executive line-up drawn primarily from PDO, but also from Oman Investment Authority (OIA), the integrated sovereign wealth fund of the Sultanate of Oman.Other appointments include: Moutaz al Riyami, currently PDO's Gas Director who joins EDO as Chief Strategy and Commercial Officer; Ibrahim al Eisri, who moves out of Oman Investment Authority as Chief Financial Officer of EDO; Ibrahim al Waili, PDO Planning and Deal Lead, who moves to EDO as Corporate Planning and Services Officer; and Saif al Harthy, PDO's Finance Controller, who is appointed as Board Secretary at EDO.Congratulating the new line-up, PDO Managing Director Raoul Restucci said: “It is a great source of pride that key appointments are from PDO, and they will no doubt steer the new company into fulfilling its