Job Description
The Chief Executive Officer is responsible for providing strategic leadership and overall management of the Group’s operations, financial performance, governance, and long-term growth. The CEO will execute the Board-approved strategy, ensure regulatory compliance as a publicly listed entity, and enhance brand positioning, profitability, and stakeholder confidence.
Key Responsibilities
1. Strategy & Leadership
- Develop and implement the Group’s long-term strategy in alignment with Board directives and Oman Vision 2040.
- Lead organizational transformation to enhance operational efficiency, guest experience, and profitability.
- Identify growth opportunities including new developments, asset repositioning, partnerships, and acquisitions.
- Drive innovation across hospitality services, digital platforms, and customer engagement.
2. Financial Performance & Shareholder Value
- Ensure sustainable revenue growth, cost optimization, and strong EBITDA performance.
- Oversee budgeting, forecasting, capital allocation, and cash flow management.
- Deliver consistent value creation for shareholders in line with public market expectations.
- Present clear, transparent financial and operational reports to the Board and shareholders.
3. Governance, Compliance & Risk
- Ensure full compliance with Capital Market Authority (CMA) regulations, Muscat Stock Exchange (MSX) requirements, and applicable Omani laws.
- Strengthen corporate governance, internal controls, and risk management frameworks.
- Act as the primary interface with regulators, auditors, and external advisors.
- Uphold the highest standards of ethics, transparency, and accountability.
4. Operations & Asset Management
- Oversee all hospitality operations including hotels, resorts, F&B, and leisure assets.
- Ensure consistent service quality, brand standards, and guest satisfaction across the portfolio.
- Optimize asset performance through effective revenue management, cost controls, and capex planning.
- Work closely with international hotel operators, franchise partners.
5. People & Culture
- Build a high-performance leadership team with clear accountability and succession planning.
- Promote Omanisation in line with national objectives while maintaining operational excellence.
- Foster a culture of performance, customer-centricity, and continuous improvement.
- Ensure compliance with labor laws and best HR practices in Oman.
6. Stakeholder Management
- Act as the principal spokesperson of the company with investors, analysts, shareholders, media, and government stakeholders.
- Maintain strong relationships with the Ministry of Heritage and Tourism, regulators, financial institutions, and strategic partners.
- Represent the company at industry forums and public engagements.
Key Performance Indicators (KPIs)
- Revenue growth and profitability metrics
- Optimize shareholder returns
- Operational efficiency and asset performance
- Guest satisfaction and brand reputation
- Compliance and governance effectiveness
- Talent development and leadership stability
Requirements
Qualifications & Experience
Essential
- Bachelor’s degree in Business Administration, Hospitality Management, Finance, or related field
- Minimum 15–20 years of senior leadership experience, with at least 5 years as CEO/MD/COO in hospitality, tourism, real estate, or a related asset-heavy sector
- Proven experience leading large, complex organizations, preferably publicly listed
- Strong understanding of hospitality operations, asset management, and financial performance
- Demonstrated experience working with Boards and managing investor relations
Preferred
- Master’s degree (Hospitality / MBA or equivalent)
- Experience in the GCC, with strong knowledge of the Omani market
- Exposure to hotel management contracts, franchising, and mixed-use developments
Skills & Competencies
- Strategic thinking and execution excellence
- Strong financial acumen and capital markets understanding
- Exceptional leadership and people management skills
- Stakeholder and government relations expertise
- High integrity, resilience, and decision-making capability
- Excellent communication skills in English (Arabic preferred)
Employment Terms
- Competitive executive compensation package aligned with public company benchmarks
- Performance-based incentives linked to financial and strategic KPIs
- Contract subject to Board approval and regulatory requirements
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