MUSCAT, OMAN — Ali Habaj has stepped down as chief executive officer of Oman Flour Mills to join Oman Cables Industry as CEO, effective June 30.
Habaj has been with Atyab Investments, which manages Oman Flour Mills, since 2000, and has been CEO since 2004. In addition to his duties at Atyab Investments, Habaj has held several leadership roles within the Mideast and Africa region of the International Association of Operative Millers, including as regional director and secretary general and treasurer.
He received a bachelor’s of science degree from the University of New Hampshire and a master’s degree in business administration from the University of Bristol. He also received a certificate in price analysis and risk management from Kansas State University.
“During Habaj’s tenure in OFM, the company’s workforce grew from 220 to 1,500 employees,” Oman Flour Mills said. “ It was under his leadership that Atyab Investments was created, an investment arm focused on value addition through downstream industries. This is evidenced by a notable achievement in revenue growth from $60 million in 2010 to $220 million in 2016. Atyab Investments built Oman’s largest industrial bakery and successfully turned around the country’s major poultry farms -- broiler and layer facilities. In addition to this, Atyab Investments is setting up new milling and grain silo facilities in Industrial Port of Sohar. During the first half of this financial year the group’s profits grew by 47% compared to the previous year and this robust growth will be seen in the second half as well. The company will continue with its 5-year vision of investing $1 billion in the food sector.”