Abdullah Al Hosni

Leading the Finance & Investment functions of the company and a member of the Management Team. Formulating financial strategies and implementing them. Leading and supervising all financial management, financial controlling, treasury, group consolidation, liaison with external & internal auditors as well as budgeting and business plan functions. Deal with Board and Audit Committee for all financial matters. Leading the investment activities, which includes structuring of investment deals, overseeing the feasibility studies of various investment opportunities.

Leading the financing activities (OMR 70 million loan).

Providing Advisory to CEOS, Board Directors and Business Managers. Advising CEOs on all Financial matters which include budgeting, Business plans, cash flow, Treasury, and all Board-related financial matters. Provide consultancy services to oil & Gas companies and currently advising Public Establishment for Industrial Estates (Madayn) its group holding company (S.A.O.C) and all its subsidiaries.

during 2021& 2022 I was on a full-time advisory contract with Madayn and carrying out the tasks of CEO-Financial Advisor & assuming Group CFO roles.

Group Financial Advisor & carrying out the tasks of CFO (vacant) in Public Establishment for Industrial Estates (Madayn)

Below are tasks/achievements since 2021:

• Headed the budget/business plans preparation and discussion with Board.
• Headed the team representing the quarterly and yearly financial results in front of the board and AC.
• Successfully advised the CEO to establish the Management Team committee and became a member.
• Headed the team responsible for forming the corporate CSR.
• Heading the steering committee for the group ERP.
• Chairman of Tendering (technical committee) .
• Heading a special committee to re-structure the group companies under Madayn. This includes the group of more than 20 companies.
• Headed the committee for cost optimization.

Leading the Finance of the company and a member of the Management Team. Formulating financial strategies and implementing them. Leading and supervising all financial management, financial controlling, treasury, group consolidation, liaison with external & internal auditors, overseeing the investment activities as well as budgeting and business plan functions. Deal with Board and Audit Committee for all financial matters.

A Board Director in several subsidiaries and SPVs which were created to manage 18 hotels and assets within the group.

Supporting the CEO in all matters related to strategic planning. leading all financial and Administration functions which included, Finance, Strategic Planning, HR, IT, and corporate services. (Madayn) is a fully owned Government's organization which is responsible for establishing and managing Industrial estates in the country. The organization has several subsidiaries and associated companies. As a Group Financial Controller (CFO), I was supervising all financial plans and consolidation process. Additionally, I was responsible for the overall finance function which includes budgeting, financial reporting, treasury, group consolidation, external audits, and overseeing the investment activities. Additionally, responsible for IT, HR, strategic planning as part of my responsibility as a Deputy CEO.

Successfully completed the following:

- Designed and supervised the implementation of an organization-side investor relation on-stop-shop. Form the team and project manager. Scope included all industrial estates.

- launched the first training-need-analysis and designed an organization-wide training plan.

- Successfully managed to remove the long lasted qualifications in the financial statements of Madayn.

Leading all core Finance Unit functions which included Accounts Payable, Accounts Receivable, Inventory & Assets, Revenue Assurance & Fraud Management, and supervising the preparation of financial statements for a $1.3bn turnover business (2017).

Additionally , for nearly 5 years I chaired the company's Technical Tendering Committee , which was looking after all tenders that exceed RO 250k (approximately US$650k) for more than 5 years, size of tenders was approximately US$ 360M yearly. Also Chaired the Corporate Assets Useful Life Committee which was responsible for Designing and implementing Financial Control initiatives to support corporate strategy.

Part of my responsibilities was to ensure that Omantel was in full compliance with IFRS, CMA, Commercial Laws, Tax laws, Telecom Regulation law, Board of Directors and the Audit Committee directives.

Also addressing audit issues raised by External, Internal, and State Auditors, and defining and executing an action plan to finalize all pending matters. Successfully established the Enterprise Risk Management (ERM) within Omantel

Assumed (fully) the role of Group CFO for more than 13 months when the position was vacant.

Reporting to the CEO with dotted line to Board's Audit Committee. The following functions were part of my responsibilities when I was acting CFO:

✦ Member of the Corporate Management Team.

✦ Financial Control (own function)

✦ Strategic Finance

✦ Treasury

✦ Procurement and Tendering

✦ Regulatory Affairs (Addressing all TRA regulatory requirements)

✦ Additionally, I have played a role in formation of the new strategy (Omantel 3.0)

The supreme E-government enabling organization. Played a key role in setting up the organization; joined before the establishment of ITA. Successfully established policies and procedures including the HR manual, accounting manual, and Tendering manual. Additionally, Increased the number of employees from 26 before May 2006 to more than 200 by end of 2012.

A member of ITA Executive and Tendering Committee (Award limit: up to $1.3 billion) for over 6 years. This subcommittee of the board was responsible for reviewing and recommending all strategic projects and initiatives to the Board before approval; additionally a member of the HR Committee and other project-steering committees Designed and implemented a structure with all processes and manuals for the Directorate of Finance, Admin, HR and Procurements & Tendering, including all KPIs, system implementations (ERP), Manual Of Authorities, and successfully appointed senior and middle management.

Also Prepared OPEX and CAPEX as well as Business Plans, opened the first bank accounts, and assumed ownership in the preparation of the first Business Plan; liaised with the Ministry of Finance and Ministry of National Economy for budget and cash flow requirements.

In-depth knowledge of the Oil & Gas sector by working in areas between Audit and Finance, giving more focus to strategic sales agreements, various processes and procedures, HSE policies, IT and other related. The last position was “Management Accountant”.

Undertook all assigned audits; drafted the final audit report, which included all observation and recommendations; undertook audits in various governments companies, establishments, and authorities; and carried out all types of external audit including IT audit.