New members join the prestigious Board of Sharakah!

Fund for Development of Youth Projects, SAOC, made by Royal Decree of 1998 for supporting the SME sector in Oman, welcomes two new Members on its Board. As a continuation of its efforts for the continuous support to the SME sector with a goal of aligning with Oman’s 2040’s vision, Sharakah welcomes the two dynamic and experienced senior bankers, Mr. Hassan A. Shaban and Mr. Kamal H. Al Marazato its Board of Directors.

Mr. Hassan A. Shaban, General Manager – Chief Government & Alliance Banking Officer, National Bank of Oman [NBO],has more than 30 years of experience in various organizations like OCCI, Majan International Bank, and currently with NBO for almost 20 years. He has served in various capacities which span across fields like Corporate Affairs and Govt Relations, Public Relations, Marketing & Branding, Wealth Management, and Training. While at OCCI, he had the opportunity to work in South Africa as well as Taipei, Taiwan. He has in-depth knowledge of SME sector of Oman.

Mr. Kamal Uddin Hassan Al Maraza, General Manager & Chief Islamic Banking Officer – Maisarah Islamic Banking Services of Bank Dhofar has more than 23 years of experience ranging in Credit, Corporate Banking, Trade Finance, SME Financing, etc. He has worked in various banks such as HSBC Bank Middle East, Bank Sohar S.A.O.G, and Bank Dhofar S.A.O.G Primarily, as he spent the past 13 years playing a crucial role in areas such as strategic planning and execution and business transformation in the bank.


“We are delighted to welcome Mr. Hassan A. Shaban and Mr. Kamal Uddin Al-Maraza to our Board of Directors. They bring a wealth of relevant experience in key areas including their expertise in the SME sector of Oman. Their presence will further enhance Board’s capability to serve the Omani SME echo system,whichplaysa vital role in attainingSharakah’s objectives, missions, and vision,” commented Mr. Hani Al Zubair, Chairman, Sharakah.

It is vital to highlight that Sharakah’s Board constitute of members with diverse and relevant experience and they with their expertise and guidance have steered the organization to grow and achieve its objective over the past 22 years of supporting and establishing successful and sustainable Small and Medium Enterprises. To further promote the concept of entrepreneurship in the sultanate in line with Oman’s 2040 vision.

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