Said Ahmed Safrar, Chief Executive Officer, Oman Investment and Finance Company (Khedmah) was awarded the ‘Most Outstanding Corporate Leader Award’ at the 2019 Alam Al-Iktisaad Wal A’mal Awards.
With over 26 years of experience in both banking and telecommunications sector with outstanding exposure to operational, technical and team-leading functionalities gained from senior positions occupied in both the sectors, Safrar has led OIFC through many important milestones.
He has been the CEO of OIFC since 2014 and was a member of the OIFC board prior to his appointment as CEO.
Safrar was also was one among OER’s Top 100 Most Influential CEOs in Oman.
He serves on the boards of various companies in both private and public sectors.
Established in 1979, OIFC is one of the leading investment and services companies, specialising in billing, collection and debt factoring for electricity, water and telecom services in the Sultanate over the last three decades.
OIFC is the single largest private sector listed company dedicated to this line of business in the Sultanate.
The company factors bills and debts for the Public Authority of Electricity and Water, Oman Telecommunications Co (Omantel), Oman Wastewater Services Company (Haya) and provides meter reading, billing and collection services for Muscat Electricity Distribution Co, Muscat Municipality and Omani Qatari Telecommunication Company (Ooredoo).