OQ's Board of Directors is responsible for formulating and tracking the progress of long-term objectives. The Leadership Team ensures the constant flow of information and monitors pertinent activities, compliance KPIs and strategies.

Board of Directors

H.E. Mulham Basheer Al Jarf

Deputy President for investment at Oman investment Authority – Chairman

H.E. Mulham Al Jarf brings more than 25 years of experience across investment, finance and international business. He has held senior leadership roles within government entities and state-owned enterprises. His career includes positions with Oman Oil Company SAOC (now known as OQ), the Ministry of Energy and Minerals, and Oman Gas Company, now OQ Gas Networks, in addition to his experience in the telecommunications sector at the General Telecommunication Organization (now Omantel). His governance expertise and investment oversight reinforce OQ’s role as a disciplined energy investment group and a contributor to the national economy. His Excellency holds a Bachelor of Business Administration in International Business from Marymount University and is a qualified Barrister‑at‑Law of the Bar of England and Wales.

Qais Saud Al Zakwani

CEO Nama Water Services Board Member

Qais started as an Economist at the Telecommunications Regulatory Authority before becoming a Regulatory Advisor at the Authority for Electricity Regulation in 2007. He was appointed as the Executive Director at the Authority from 2014 where he regulated and expanded the electricity sector, established regulatory institutions, and advised the government on fuel diversity and renewable energy. Qais now serves as the CEO of Nama Water Services (NWS) and was responsible for leading the merger and restructuring of the water and wastewater sectors since 2021. As CEO of NWS, he leads Oman’s water utility transformation with a focus on sustainability, operational efficiency and national infrastructure advancement. Qais was a Steering Committee Member of the National Program for Fiscal Balance (Tawazun) and also played key roles in restructuring of Oman Post and the Aviation sector. Qais is currently a Board member at OQ and also a member of the Board and Executive Committee at the Oman Olympic Committee. Qais holds a Masters in Utilities Regulation from the London School of Economics (LSE) and a second Masters in Major Programme Management from the Saïd Business School at the University of Oxford.

Thuraiya Ahmed Al Balushi

Acting Chief Economic Diversification Investments at Oman Investment Authority (OIA)

Thuraiya Al Balushi offers more than 17 years of professional experience across investment management, alongside related oversight and operational functions. In her current role, she oversees local investments and the development of divestment programmes. This includes monitoring performance, assessing investment options and supporting the execution of divestment decisions in line with approved frameworks. She previously served as an Associate in Asset Management, Private Equity at the State General Reserve Fund (formerly), where she supported the management of a diversified portfolio exceeding USD 800 million. Her broader experience includes compliance audits, stockbroking, and board-level roles. Her expertise strengthens portfolio oversight, enhances capital allocation discipline, and supports the structured execution of divestment programmes across OQ’s investment platform. Thuraiya holds a master’s degree in business and management from the University of Strathclyde and a bachelor’s degree in finance from Sultan Qaboos University

Hussain Ghalib Al Yafai

Chief Executive Officer, Standard Chartered Bank Oman - Oman, Board Member

Hussain Al Yafai brings over two decades of experience in corporate, commercial and institutional banking, with strong leadership across financial services, capital markets and strategic financing. He currently serves as Chief Executive Officer and Head of Corporate and Investment Banking at Standard Chartered Bank Oman, where he has led the transformation of the business into a leading provider of integrated banking solutions in Oman.   Throughout his career, Hussain has worked closely with governments, financial institutions and multinational organisations to structure and deliver complex financing solutions. He has played a key role in advancing debt capital markets, syndicated lending and export credit financing, contributing to over USD 80 billion in financing that supports economic growth and industrial development in Oman.   He is a strong advocate for sustainability and has led the introduction of sustainability-linked financing in Oman, positioning the market at the forefront of ESG advisory and finance. His experience supports OQ’s priorities in enabling investment, strengthening financial resilience and advancing sustainable growth across the energy sector.   Hussain holds a degree in Business Administration and has completed executive education and professional certifications in leadership and behavioural finance.

Eng. Mattar Salim Al Badi

CEO of Minerals Development Oman (MDO), Member, Board Member

Mattar Al Badi brings over 15 years’ experience in the mining sector, with strong leadership across operations, strategic planning, and business development. Having previously been Chief Operating Officer at Vale in Oman, he oversaw large-scale operations and led strategic initiatives to strengthen organisational performance. Throughout his career, Mattar has delivered value through innovation and strategic partnerships. He has extensive expertise in financial management, risk mitigation, stakeholder engagement, and technology-driven solutions, enabling MDO to expand its capabilities, achieve sustainable growth, and enhance its competitive advantage both nationally and regionally. Mattar holds an Executive Master of Business Administration (EMBA) from HEC Paris and has completed the National CEO Executive Programme.

Dr. Sultan Said Al Shidhani

Board Member

Sultan Al Shithani brings over 35 years’ experience in the energy sector, with extensive leadership across technical, operational, and executive functions. He previously served as Petroleum Engineering Director (2019-2024), having held multiple senior roles across engineering and management prior to that. Throughout his career, Sultan has led complex projects, optimised operational performance, and driven value creation through strategic planning, risk management, and innovation. His multidisciplinary expertise spans technical engineering, organisational leadership, and stakeholder engagement, enabling him to deliver sustainable growth and operational excellence. Sultan holds a PhD in Business Administration from the University of Liverpool, MSc in Technology Management, active member of the Society of Petroleum Engineers and the Oman Society of Engineers (Board Chairman 2007-2011), as well as other professional and industry organisations, contributing to knowledge sharing and best practices in the energy sector.

Li Lei

Board Member

Li Lei brings over four decades of international experience across the petrochemicals and materials sector. He has built a distinguished career spanning the full value chain, including technology licensing, joint venture development, mergers and acquisitions and large-scale capital investment projects. He most recently served as Vice President and Regional Head for North Asia at SABIC, where he led operations across Greater China, Japan and Korea, overseeing major joint ventures, strengthening governance and advancing growth strategies. He also served as Acting President for Asia Pacific and chaired multiple SABIC affiliate companies. Li Lei has held senior leadership roles with DuPont, Sinochem, Owens Corning and Dow Chemical, leading business transformation, market expansion and strategic partnerships. He currently serves as a board member and senior advisor to organisations focused on innovation and sustainable materials, and is recognised for his strategic insight, governance expertise and strong connection between Middle Eastern producers and Asian markets.

Leadership Team

Ashraf Hamed Al Mamari

Group Chief Executive Officer

Ashraf Al Mamari brings 20 years of extensive experience, driving organisational value through modern solutions and cultural transformation within the energy sector. He has worked across both National Oil Companies and International Oil Companies, developing expertise in organisational leadership, strategic management, divestments, corporate culture enhancement, competitive positioning, expansion strategy and new industry development. In addition to his executive role, Ashraf serves as Board Chairman of OQ Exploration & Production (OQEP) and OQ Refineries and Petroleum Industries (OQRPI). He also holds board membership at OQ Trading, University of Technology and Applied Sciences and the Gulf Petrochemicals and Chemicals Association (GPCA). He has previously served on the boards of several prominent organisations, including Marafiq, OPAL, Oman Institute for Energy and TRANSOM Catering. Ashraf holds a BSc in General Management from Sultan Qaboos University and is currently pursuing a Doctorate in Business Administration (DBA) at Coventry University.

Abdulrahman Ahmed Al Harthi

Chief Assurance Officer

Abdulrahman Al Harthi leverages over 25 years of experience in auditing, oversight and risk management, primarily within the public sector in the Sultanate of Oman. He has held senior leadership roles in national audit and accountability functions. His background includes serving as Director General at the State Audit Institution, where he oversaw state audits of ministries and state-owned enterprises and supported the Institution’s leadership on technical and reporting matters, including the preparation of Supreme Audit Institution reports and representation in international audit forums such as ASOSAI and INTOSAI. His governance experience also includes membership of Audit and Risk Committees and board roles across public and private entities, providing institutional perspective on compliance, internal control, and accountability frameworks. His expertise in assurance, governance, and risk management frameworks across the Group supports OQ’s priorities in transparency, risk discipline, and governance integrity, reinforcing the Group’s position as a structured and accountable investment platform.

Abdulwahhab Abdullah Al Hinai

General Counsel

Abdulwahhab Al Hinai serves as a General Counsel of OQ, leading the Group’s legal, regulatory and governance strategy across its diversified energy portfolio. He oversees legal risk management, compliance and corporate governance frameworks that support OQ’s strategic growth and transformation agenda. With over 20 years of experience in legal practices, he has led major restructuring initiatives, advised on cross-sector regulatory reforms and supported the development and review of legislative and governance frameworks. His expertise spans complex transactions, investment protection, dispute resolution and large-scale contractual matters. He holds a Master of Laws (L.L.M) from King’s College London and an MBA from the University of Strathclyde.

Sabrina Al Bakri

Chief Financial Officer

Sabrina Al Bakri is a senior executive finance leader with over 20 years of experience in corporate finance, treasury, capital markets, and performance reporting across major organisations in Oman and the UAE. She has a strong track record in structuring complex financing arrangements, leading multi-billion-dollar refinancing programmes, optimising capital structures, and overseeing large debt portfolios. Her expertise includes establishing and managing corporate credit ratings, executing bond issuances, and maintaining strategic relationships with international lenders and rating agencies. Sabrina began her career at Petroleum Development Oman and Shell before joining Aabar Investments in Abu Dhabi, where she led major financing transactions across global markets. Since joining OQ in 2018, she has driven key initiatives in liquidity management, refinancing, capital optimisation, credit rating strategy and financial governance. Appointed Chief Financial Officer in 2021, she serves on the Board of OQ Trading and previously served on the Boards of OQBI and OQGN, where she played a central role in their IPO readiness and funding strategies. She is a Fellow of the Association of Chartered Certified Accountants (FCCA) and holds a BA in Finance, Accounting and Management from the University of Nottingham.

Ali Mohamed Al Lawati

Chief People & Technology Officer

Ali Al Lawati brings nearly 20 years of experience in the energy sector across regional and international markets, having held senior executive roles spanning human capital strategy, digital transformation, organisational design and enterprise-wide capability development. Prior to joining OQ, he served as Global HR Director at SLB, based in Houston, where he oversaw cross-functional corporate portfolios including human resources, technology, legal, HSE, strategy, sustainability and corporate operations across international offices. His background also includes leadership contributions within OQ’s group ecosystem, including his role as Chairman of the Board of OQ Base Industries (OQBI), as well as board memberships at Abraj Energy Services, Takatuf Oman and Oman Institute of Energy (OIE). His expertise supports OQ’s priorities in organisational excellence, digital capability, talent development, and the integration of people, technology and culture to enable sustainable performance across the Group’s global operations. Ali holds a bachelor’s degree in Petroleum and Natural Gas Engineering from Sultan Qaboos University.

Azzan Al Abdullatif

Chief Portfolio Officer

With over 25 years of experience in Oman’s energy sector, Azzan Al Abdullatif is widely recognised as a leading commercial expert, demonstrating consistent leadership across finance, commercial strategy, business development and deal delivery. Considered as OQ’s “deal architect” having delivered over $10b of transactions for the group since he joined our upstream business, OQEP, in 2010. Azzan is a veteran of this sector of the oil and gas landscape and was a key contributor who enabled the 12x growth of our upstream business between 2010-2024. Prior to his appointment as CPO, he served as Vice President, Divestments & Transactions and led the successful execution of four of OQ’s subsidiaries Initial Public Offerings between 2023-2024 (Abraj, OQGN, OQEP, OQBI), considered amongst the largest IPOs in the history of the Muscat Stock Exchange. As CPO, Azzan was tasked to streamline asset management activities in line with the current operating model. This includes aligning strategic priorities within the group, strengthening governance and oversight, identifying and materialising synergies and supporting the growth of our businesses. This is in addition to continuing in delivering the group’s divestment plan. He also serves on the Boards of Abraj Energy Services and Nama Electricity Distribution Company leveraging his expertise in corporate governance and strategic oversight to maximise long-term value across capital intensive assets.

Al Muthir Al Kharusi

Senior Advisor

Al Muthir Al Kharusi brings over 25 years of experience in the energy sector, having held senior leadership roles across OQ Group, Petroleum Development Oman (PDO), and international energy businesses. His experience includes serving as Chief Strategy & Transformation Officer at OQ and President of Rajasthan Oil (Vedanta Group). His background spans corporate strategy, upstream leadership and enterprise transformation, with extensive experience in driving large scale operational performance improvement. He has advanced innovative projects and unlocked investment opportunities that support sustainable, profitable growth for the Group. His experience reinforces disciplined portfolio management, strong institutional alignment and the creation of long-term sustainable value, supporting OQ’s priorities in performance enhancement, the energy transition, financial resilience and strategic asset management. He holds a bachelor’s degree in chemical engineering from the University of Glamorgan and has completed executive leadership programmes at INSEAD.