EDO transitional leadership team ratified by new company board

Haifa KhaifiPetroleum Development Oman’s (PDO) finance director Haifa bint Juma Al Khaifi has been appointed as the CEO of Energy Development Oman (EDO) that was officially formed through Royal Decree 128/2020, marking a major milestone in PDO’s journey towards becoming a fully-fledged energy company

Major personnel in the company’s transitional leadership team as ratified by the EDO Board also included PDO gas director Moutaz Al Riyami as chief strategy and commercial officer; Ibrahim Al Eisri as chief financial officer; PDO planning and deal lead Ibrahim Al Waili as corporate planning and services officer; and PDO finance controller Saif Al Harthy as board secretary.

Al Khaifi said, “The establishment of EDO is an extremely significant milestone for the Sultanate of Oman. Having led the establishment of EDO over the past year, and being a member of its Founder’s Committee, I am deeply honoured by my appointment as the transitionary CEO during this critical and exciting stage. I look forward to continue delivering extensive value to Oman with EDO, in addition to my role as the finance director of PDO.”

Al Khaifi added, “EDO will play a central role in the Sultanate’s energy transition as well as economic diversification. EDO’s establishment is part of the era of a renewed Renaissance for Oman, and contributes to the positive sentiment of international investors towards the country’s economy, as yet another example of the major reforms launched by H.M. Sultan Haitham bin Tarik. I take this opportunity to renew my pledge to serve Oman under the wise leadership of H.M. Sultan Haitham bin Tarik, and the renewed Renaissance.”

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