السيد / نصر بن أحمد بن عبدالله الصالحي

السيد /  نصر بن أحمد بن عبدالله الصالحي

NASAR AHMED ABDULLAH AL-SALHI

P.O Box 2296 Postal Code: 112,

Ruwi, Sultanate of Oman

(968) 99349365/ 96777658

Nasr.alsalhi@cma.gov.om  

 

Summary: 

Professional experience of more than 19 years with managerial capacity in supervising financial sector, and with a master‘s Degree in business administration from University of Strathclyde. Involved in the development of strategical business in the insurance and capital market, the development of technical, financial and legislative policies and monitoring the compliance of companies with the applicable policies and legislations.

 

Professional Qualifications:

  • Master degree in Business Administration (MBA –Strategy, 2009), University of Strathclyde, UK.
  • Passed Prince2 @Foundation in Project Management Exam (BCS The Charted Institute For IT) in 13 March 2014.
  • Passed Prince2@ Practitioner Exam BCS the Charted Institute for IT) in 13 March 2014.
  • B.Sc. in Accounting(Sultan Qaboos University, Oman, 1998 )
  • Diploma in Insurance (BIBF) (Introduction in Insurance, Motor insurance, fire &LOP insurance, Feb 2001).

 

Professional Experiences:

 

  • Capital Market Authority as Director of Valuation and risks Surveillance Department

Jan 2014-Up to now

 

Responsible for Supervising the Insurance / Takaful Industry in the Sultanate of Oman including insurance intermediaries in respect of examining their regulatory returns financial statements and compliances with other applicable laws & regulations and with international best practices adopted in the country. Also looking for the insurance pricing strategies in order to protect the right of the insurance consumer, develop the insurance industry and maintain market and public trust.

 

  • Capital Market Authority as Director of Policy holders protection Department

May 2012-Jan 2014

 

Responsibly looking & managing the complaints from insurance policyholders and followed up until its final positive disposal.

 

  • Capital Market Authority as Acting Director, of Market & Depository Regulation Department

March 2011-May 2012

 

  • Capital Market Authority as Specialist in Capital Market Department

September 2009 – March 2011

 

Responsibly looking after the stock market operations and trading surveillance in Muscat Securities Market.

 

 

  • Capital Market Authority as Insurance Specialist

August 2004 to September 2009

 

Working with the Insurance Supervision and Regulations Department in all of the areas of insurance including technical and financial. Since on August 2004 the insurance Supervision role was shifted to Capital Market Authority by Royal Decree from the Ministry of Commerce.

 

 

  • Ministry of Commerce & Industry as an Accountant

May 1999 – August 2004 

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Worked in Insurance Supervision department looking into insurance companies and insurance broker’s returns and financial statement. Examining insurance solvency of those companies and make sure that they are complying with the applicable insurance laws and regulations.

 

Responsibly handled the insurance complaints from the general public and insurance policyholder.

 

Responsibly reviewed the application and granted many licenses to insurance companies, insurance brokers and insurance agents.  

 

Attended many meeting and discussions with the industry players and government officials in developing insurance market in Oman.

 

Seminars and Training

  • Courses in insurance field (April 2001)
  • The 3rd Regional Seminar on IAIS insurance core principle (April 2004)
  • Advanced Financial Analysis (Dec 2004)
  • Reinsurance Seminar (Dec 2004)
  • Seminar on IAIS insurance core principles “Change in control and Market Conduct”. (Sep 2005).
  • Advanced Supervisory skills (2005)
  • The 2nd international Insurance Supervision Seminar on Core Supervisory Issues.(2006)
  • Advanced Program in compliance and Regulation (2009)
  • U.S. Securities Enforcement and Market oversight (2010)
  • Securities leadership Program (2010).
  • Clearing & Settlement, Risk Management, Securities lending & borrowing and Margin trading (Feb 2011).
  • Customer Service Mindset (Nov 2012)
  • Management andAdvance  leadership (2013)

 

Skills and Abilities:

  • Ability to motivate and coach others in order to achieve short term goals reach high performance.
  • Ability to create an inspired culture.
  • Completed many courses in Management and Advance leadership.
  • Involved in drafting many laws & regulation in insurance industry.
  • Was a speaker in many workshops and seminars locally and internationally.
  • Speak English and Arabic Fluently.
  • Have good oral and writing commination skills.

 

Personal Details :

Date of birth:              November 29, 1976

Place of Birth:             Muscat, Sultanate of Oman

Nationality:                 Omani

Marital Status:            Married with 3 children

Passport No:               03855555

ID No:                          05092616