Central Bank of Oman
Ahmed AL-Barwani is an experienced professional in the field of information security, currently serving as a Security Infrastructure Administrator at the Central Bank of Oman since February 2023. Prior to this role, Ahmed was an Information Security Engineer at Ooredoo Oman from January 2020 to January 2023 and worked as an Information Security and Standards Engineer at Royal Court Affairs from February 2015 to December 2019. Ahmed began their career as a Project Engineer at Wipro from October 2012 to February 2015 and provided technical support services at Sky Orbits For Modern Technology for a brief period in 2012. Educationally, Ahmed holds a Bachelor's Degree in IT Security from the College of Applied Science, completed from 2007 to 2012, and attended the Islamic Science Institute from 2004 to 2007.
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Central Bank of Oman
The Central Bank of Oman, the nation’s central bank, is responsible for promoting and maintaining monetary and financial stability in the Sultanate of Oman, as well as for fostering a sound and progressive banking and financial system in the country conducive to its sustained economic growth. Monetary stability means stable prices and confidence in the currency. Financial stability entails detecting and reducing threats to the financial system as a whole. CBO is also the single integrated regulator of the banking and financial services sector in the country. In order to achieve the above purposes, CBO performs various functions as follows, as mandated by Banking Laws 1974 and its subsequent amendments. -Formulates and administers monetary policy to achieve a variety of goals including stable prices, growth and employment. -Licenses, regulates and supervises commercial banks, specialized banks, financial and leasing companies and money exchange companies. -It acts as a banker to the Government – It provides a full range of banking services for the Government, such as acceptance of deposits from the Government, lending to the Government to help finance the fiscal deficits, running the Government bank account acting as its fiscal agent, public debt management, exchange control, and management of foreign exchange reserves of the country. -It acts as a banker to the Banks – holds deposits from the banks operating in the Sultanate of Oman, lends them funds for short periods, and provides them a variety of other services including payment system, settlement, and clearing facilities. -Issues national currency and manages the liquidity in the banking system.