Oman’s Napco appoints Ali Rashdi Al Shamsi as new CEO

Muscat: The National Aluminum Products Company (Napco) appoints Ali Rashdi Al Shamsi as new CEO

In a disclosure to the Muscat Stock Exchange, napco said: “National Aluminum Products Company S.A.O.G (NAPCO) would like to disclose that board of director in its meeting No.8 on 28 November 2022 has decided to appoint Mr. Ali Rashdi Al Shamsi as new CEO for the Company effective from 4th of January 2023. The Board accepted the resignation of Mr. Ihab Mouallem, current CEO of the company, for personal reasons. The Board of Directors acknowledge the great contribution that Mr. Ihab Mouallem has contributed while he served as CEO and wish him best of luck in his future endeavors. Mr. Ali Rashid Al Shamsi has over 19 years’ experience in the Aluminium Manufacturing and Oilfield Sector. He has MBA from Bedfordshire, UK and his finished National CEO program. 

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