Chief Executive Officer (CEO)

Muscat - Oman

Monthly Salary: Not Disclosed

Experience Required: 15years

Posted on: 3 days ago

Vacancies: 1 Vacancy

Job Summary

The Chief Executive Officer is responsible for providing strategic leadership and overall management of the Groups 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 Groups 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

Bachelors degree in Business Administration Hospitality Management Finance or related field
Minimum 1520 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

Masters 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