Oman-based firm rolls out wealth management operation

The offering is part of the firm’s growth strategy to service high net worth customers

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Sohar International, previously known as Bank Sohar, has unveiled a wealth management advisory service in Oman.

The offering will be available to high net worth customers.

Sohar Wealth Management focuses on fiduciary and financial advice including; savings and investments schemes; borrowings; future protection schemes; and day to day transactions.

Khalil Al Hedaifi, chief retail banking officer at Sohar International, said: “The fast-paced evolving world we live in today makes it challenging to step back and plan the future of oneself, as well as of their families.

“Alongside our strategy to provide more value, more velocity and more vision to our clients and the nation at large, we foresaw a need to establish a world-class wealth management advisory services to help our high net worth customers navigate their investments in the right direction.”

The Sohar Wealth Management team is led by Aziz Al Jahdhami, who joined the firm in December 2018 after a number of roles at various wealth management, private banking and investment management institutions.

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