Who we are

Who we are

About African Bank of Oman

African Bank of Oman is a Corporate Investment Bank specializing in transaction banking and trade finance, with a focus on supporting large corporates engaged in trade between Angola, the GCC, and surrounding regions.

Our strategy begins with delivering core services such as cash management, trade finance, FX, treasury, corporate finance advisory, and expands to advanced solutions including project finance and tailored lending for corporates.

We are committed to enabling cross-border trade, fostering growth, and serving as a trusted financial partner for our clients.

Message from the CEO

At African Bank of Oman, we are driven by a bold vision — to help shape the next chapter of Angola’s economic story and strengthen the bridge between Africa and the Middle East. Our purpose is rooted in progress: to empower businesses, unlock opportunity, and contribute to a more connected and prosperous future for our clients, our communities, and our nations.

We believe that finance, when guided by integrity and purpose, can be a force for transformation. By building a strong Corporate and Investment Banking platform in Angola, we aim to catalyze the growth of capital markets, attract international investors, and support the development of industries vital to the Angola 2050 Vision — from energy and infrastructure to agriculture and innovation.

Our journey is inspired by shared ambitions — the alignment
between Angola and Oman, both committed to sustainable development, diversification, and human progress. This partnership gives us a unique opportunity to foster trade, investment, and collaboration across regions that share not only resources, but aspirations.

At the heart of our mission is a simple belief: banking should enable possibility. We stand beside our clients as partners — understanding their goals, designing solutions that are clear and effective, and providing the confidence to grow. Guided by our values of Customer Centricity, Integrity, Innovation, Excellence, and Simplicity, we are building a bank that feels personal, reliable, and forward looking.

As we look ahead, we see immense potential — in Angola, in Africa, and in every partnership that believes in progress. Together, we are not only building a bank; we are building a legacy of connection, trust, and transformation.

Together, we are not only building a bank; we are building a legacy of connection, trust, and transformation.

Mission

Empower growth by building meaningful partnerships and creating pathways to opportunity, delivering trusted financial solutions that simplify life, inspire confidence, and help clients thrive.

Our mission is to enable progress by standing beside our customers as partners, not just service providers. We focus on understanding their needs, opening doors to new opportunities, and delivering solutions that are clear, reliable, and supportive. In doing so, we aim to make everyday life easier while helping individuals and businesses achieve lasting success.

Our Vision

To redefine banking by delivering seamless, innovative, and exceptional customer experiences that inspire confidence and growth.

We believe banking should feel effortless and empowering. By combining technology with human understanding, we create experiences that are simple, trusted, and forward-looking. Our goal is to give customers the confidence to grow, whether as individuals, businesses, or communities.

Our Values

  • Customer Centricity: We put our customers at the heart of every decision and interaction.
  • Driven by Innovation: We continuously explore new ideas to create smarter, seamless solutions.
  • Integrity: We uphold the highest standards of honesty, fairness, and transparency.
  • Excellence: We strive to deliver outstanding quality and experiences, every time.
  • Simplicity: We make banking clear, intuitive, and effortless.

Our Mission

Empower growth by building meaningful partnerships and creating pathways to opportunity, delivering trusted financial solutions that simplify life, inspire confidence, and help clients thrive.

Our mission is to enable progress by standing beside our customers as partners, not just service providers. We focus on understanding their needs, opening doors to new opportunities, and delivering solutions that are clear, reliable, and supportive.
In doing so, we aim to make everyday life easier while helping individuals and businesses achieve lasting success.

 

 

Our Vision

To redefine banking by delivering seamless, innovative, and exceptional customer experiences that inspire confidence and growth.
We believe banking should feel effortless and empowering. By combining technology with human understanding, we create experiences that are simple, trusted, and forward-looking. Our goal is to give customers the confidence to grow, whether as individuals, businesses, or communities.

Our Values

Customer Centricity

We put our customers at the heart of every decision and interaction.

Driven by Innovation

We continuously explore new ideas to create smarter, seamless solutions.

Integrity

We uphold the highest standards of honesty, fairness, and transparency.

Excellence

We strive to deliver outstanding quality and experiences, every time.

Simplicity

We make banking clear, intuitive and straightforward.

Shareholder Structure

New Horizons Development LLC 60%
Western Ocean Investment LLC 20%
Southern Ocean Investment LLC 15%
Renaissance National Development LLC 2.5%
Northern Breeze Investment LLC 2.5%

Corporate Governance Model

General Assembly
Supervisory Board
Nomination and Remuneration Committee
External Auditor
Board of Directors
Internal Control and Audit Committee
Internal Audit Office
IT Governance Committee
Risk Committee
Corporate Governance Office and Company Secretary
Executive Committee
Credit Risk Committee
Assets and Liabilities Management Committee
Business
Corporate and Investment Banking Directorate
Products Office
Treasury and Markets Directorate
Operational Risk and Internal Control Committee
Finance and Procurement Committee
Internal Control
Risk Management Directorate
Compliance Directorate
Credit Risk Directorate
Products and New Business Committee
High-Risk Clients Committee
Support
Head Office
Human Capital and Marketing Directorate
Operations Directorate
Accounting Directorate
IT Directorate
Strategy and Innovation Office
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Governing Bodies

Annual General Meeting
Mohammed Al Balushi

Mohammed Al Balushi

Chairperson

Mohammed Al Balushi

Chairperson

Karen Pacheco

Karen Pacheco

Secretary

Karen Pacheco

Secretary

Board of Directors

Tariq Ateeq

Tariq Ateeq

Chairman of the Board

Tariq Ateeq

Chairman of the Board

Abdul Aziz Maqbali

Abdul Aziz Maqbali

Non Executive Director

Abdul Aziz Maqbali

Non Executive Director

António Dinis Mendes

António Dinis Mendes

Chief Executive Officer

António Dinis Mendes

Chief Executive Officer

Bruno Faria de Bastos

Bruno Faria de Bastos

Executive Director

Bruno Faria de Bastos

Executive Director

Nadya Rodrigues

Nadya Rodrigues

Executive Director

Nadya Rodrigues

Executive Director

Supervisory Board

Tammam Almughari

Tammam Almughari

President

Tammam Almughari

President

José Mário Ferreira de Miranda

José Mário Ferreira de Miranda

Member

José Mário Ferreira de Miranda

Member

Henrique Manuel Camões Serra

Henrique Manuel Camões Serra

Member

Henrique Manuel Camões Serra

Member

Senior Management
Ana Rodrigues

Ana Rodrigues

Strategy and Innovation Director

Ana Rodrigues

Strategy and Innovation Director

Carla Marques

Carla Marques

Operations Director

Carla Marques

Operations Director

Décio Ferreira

Décio Ferreira

Technology Director

Décio Ferreira

Technology Director

Elvino Mulumba

Elvino Mulumba

Corporate Banking Director

Elvino Mulumba

Corporate Banking Director

Gabriela Salgueiro

Gabriela Salgueiro

Human Capital & Marketing Director

Gabriela Salgueiro

Human Capital & Marketing Director

Irina Covilhã

Irina Covilhã

Credit Risk Director

Irina Covilhã

Credit Risk Director

Lisandra António

Lisandra António

Accounting Director

Lisandra António

Accounting Director

Miguel Ribeiro

Miguel Ribeiro

Product Director

Miguel Ribeiro

Product Director

Walter Fernandes

Walter Fernandes

Compliance Director

Walter Fernandes

Compliance Director

External Auditor
External Auditor

External Auditor

Auditor Externo

External Auditor

Auditor Externo

Corporate Governance

General Assembly +
Shareholders General Meeting
Chairperson
Mohammed Al Balushi
Secretary
Karen Pacheco
Board of Directors +
Chairman
Tariq Ateeq Abdulmujeed Khan
Non-Executive Director
AbdulAziz Al Maqbali
Chief Executive Officer
Antonio Dinis Lopes Mendes
Executive Director
Bruno Miguel Brito Faria de Bastos
Executive Director
Nadya Patricia de Carvalho Rodrigues Ingles
Board of Directors
Conselho Fiscal +
President
Tammam Almughari
Member
José Mário Ferreira de Miranda
Member
Henrique Manuel Camões Serra