The Navigation as per the site map :

Corporate- About ONIC Holding

- Board

- Management

Investor- Business Model- Financial Reports- Key Shareholders- Corporate Governance

Subsidiaries & Associates - National Life & General Insurance Company SAOC

- RSA Oman

- International General Insurance

- Oman ORIX Leasing Company SAOC

- Oman Chlorine SAOC

- National Finance House, Bahrain

- PAK Oman Asset Management

Latest News (same as the News Update in the First Page) Careers Contact

The Top Banner:

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2- change it to this :

Slogen : Go Ahead. You Can Rely on Us.

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Slogan : chain Your life with us.

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Slogan : Individually, we are one drop. Together, we are an ocean.

Info on the cooperate side :

- About ONIC Holding

- Board

- Management

About Onic :

** Content in processes

Board

1) Abdul Razaq Al Jassim is the Chairman2) Sheikh Khalid Hilal Al Maawali is the Vice Chairman3) Sayyida Rawan Ahmed Al Said is the Managing Director & Group CE

(Please leave the photo Blank at the movement)4. Srinivasan Sridharan (please leave the photo Blank at the movement) 5. Ercument Cetin Alanya (Photo sent through as separate email)6. JC Goh (keep it as it is)7. Fareed Lutfi (keep it as it is)

4) 1- Abdul Razaq Al Jassim is the Chairman

2- Sheikh Khalid Hilal Al Maawali is the Vice Chairman

3-

Sayyida Rawan Ahmed Al Said is the Managing Director & Group CE

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Srinivasan Sridharan (please leave the photo Blank at the movement)

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Ercument Cetin Alanya (please leave the photo Blank at the movement)

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7- Fareed Lutfi

. JC Goh

Audit Committee Audit Committee comprises of majority of Independent Directors who are knowledgeable and have experience in Finance, Investment and regulations relating to SAOG companies.

The function of the Audit Committee are in accordance with regulations prescribed by CMA including but not limited to Reviewing of Internal & External Audit Report , Recommending the Appointment of External Auditors to the Board and update the Board on the effectiveness of Internal control environment in the company.

The Chief Internal Auditor of the Group functionally reports to the Chairman of the Audit Committee.

Sheikh khalid Hilal Al Maawali Chairman Mr. Fareed Lutfi MemberMr. Srinivasan Sridharan Member

Investment CommitteeThe Investment Committee is responsible for recommending the Investment Guidelines for the Group. The committee also reviews all Associate and Subsidiary investments and makes its recommendation to the Board. The Committee meetings are held on a need base.

Mr. Abdul Razaq Al Jassim ChairmanSheikh khalid Hilal Al Maawali MemberJC Goh Member

HR, Remuneration & Compliance CommitteeThe Role of this committee is to recommend the Organisation Structure & Compensation Structure for the Group. The Committee also reviews & recommends the Annual Increments, Bonus for Staff & provides its suggestions and inputs on recruitment of Senior Level appointments within the Group.

The Committee from time to time reviews the Group HR Policies and Procedures and makes recommendation to the Board. The Committee Meets on a need basis.

Mr. Abdul Razaq Al Jassim ChairmanSheikh khalid Hilal Al Maawali MemberErcument Cetin Alanya Member

Executive CommitteeThe Executive Committee is responsible for recommending the Strategic Direction setting; the committee also reviews the overall Business Performance of the company, the Committee reviews and recommends the Annual Budget and Strategy to the Board. The Committee Meets as and when required.

Mr. Abdul Razaq Al Jassim ChairmanSheikh khalid Hilal Al Maawali MemberSayyida Rawan Ahmed Al Said Member

Management

Investor

Sayyida Rawan Ahmed Al-Said

Managing Director & Group Chief Executive

Rawan Ahmed Al- Said is an M.Sc in Economics and Finance from Southborough University, UK; she is also a Post Graduate Diploma holder in Investment Analysis from Sterling University and has a BA degree specilising in Economics from American University in Cairo.

She has over 20 years of experience in Managing Investment. Prior to Joining ONIC Holding Group she was the Deputy CEO (Investments) at State reserve Fund (SGRF) Oman. She is on the Board of a number of reputed Companies and Financial Institutions in Oman and across GCC.

She is a Board Member in the following Companies:

- National Bank of Oman since 2004

- National Investment Fund Company (NIFCO) since 1999

- Oman Oil Marketing Company since 2004

- Oman ORIX Leasing Company SOAG

- RSA Oman

- National Finance House, Bahrain

O.G.Ravishankar

Group Chief Financial Officer

Ravishankar is a Fellow Member of The Institute of Chartered Accountants of India; he is also a CISA, CGEIT, CIA and CFE. He is a Post Graduate in Commerce from University of Madras.

Ravishankar joined the ONIC Holding Group in December 2007; he has worked in Finance, Audit & MIS in his previous roles with E&Y, BOSCH, COATS and RSA.

Shrikanth Shenoy

Head of Investments

- Business Model- Financial Reports – on the site convert them as a PDF- Key Shareholders- Corporate Governance

Business Model

Business Model

Slogen “ [Premier Diversified Insurance Holding company] “

The Group holds its investments under the below three broad categories:

- Insurance Business- Other Investments - Equity Market Portfolio

The Strategy of the company is to generate sustainable and diversified income stream.

As an Insurance Holding Company the company will focus mainly on Insurance as its core business, with contribution from Other Investments which are medium to long term in nature and supported by Equity Market portfolio operations.

Insurance Business:

As a Group, ONIC Holding holds significant stake in Insurance Companies in the Region.

The Group has partnership with renowned Global Insurance players.

The Group would increase its holding in Insurance companies as and when good opportunities arise.

Other Investments: The other investments help the Group in maintaining diversification and to help reduce impact of fluctuation in Insurance Business Cycle. This Business Segment includes investments in Associate and other Private Equity Investments of the Group.

Management would at appropriate time recommend to the Board to unlock value in its other investments.

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Equity Market Portfolio: The Group has over the years developed expertise in Market operations and has been consistently outperforming the Regional Benchmark Index.

Key Shareholders

30 June 2010

%holding

Number of shares

Dubai Insurance Group 41.13 67,927,608Oryx Corporation 14.90 24,602,764Public Authority for Social Insurance 3.15

5,205,354

Other Shareholders 40.82 67,429,274Total 165,165,000

CORPORATE GOVERNANCE

CORPORATE GOVERNANCE

Slogan “ [Best in Class]

The Board has laid down policies and procedures within the Group to achieve ’Best’ in class Corporate Governance practices.

In addition to the requirement of CMA, the Group has following policies and procedures:

Group Whistle Blower Protection Policy Group Conflict of Interest Policy

- Subsidiaries & Associates

- National Life & General Insurance Company SAOC

- RSA Oman

- International General Insurance

- Oman ORIX Leasing Company SAOC

- Oman Chlorine SAOC

- National Finance House, Bahrain

- PAK Oman Asset Management

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National Life & General Insurance Company SAOC

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Content :

National Life & General Insurance Company SAOC (97.93%)

Slogen “ [Building a better life]

National Life & General (NLG) is a market leader in Life & Medical Insurance Business with a Good (B++) financial strength rating from A.M Best Co., and an international quality rating of ISO 9001:2000 from BSI, National Life & General has been providing financial security and peace of mind to its satisfied customers with a comprehensive range of Life & General Insurance Products.

Its ability to focus on local needs and deliver solutions appropriate to this need has today made NLG the Sultanate's market leader in the Life Insurance Industry (approx 65% market share).

NLG is a strong player in Group Credit Life & Group Medical Insurance in Oman with Consistent Growth in Top Line over the years. NLG has TPA and Life License to Operate in Dubai.

www.nlicgulf.com

RSA OMAN

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RSA Logo, ? ?

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International General Insurance

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International General Insurance Holdings Limited (IGIH) (20%)

Slogan : [Re-insurer of choice]

IGIH is registered in the Dubai International Financial Centre with operations in Bermuda (IGI Bermuda),

the United Kingdom, Jordan and Malaysia. IGI Bermuda is a class 3B (re)insurer regulated by the

Bermuda Monetary Authority and is rated A- (“Excellent”) by A.M. Best Company Inc. This subsidiary is

the principal underwriting entity for the Group with the Jordan office providing all management,

underwriting and operational functions.

The Company has marketing offices in Dubai and Kuala Lumpur and a subsidiary company in Labuan

(Malaysia), which is registered with LOFSA as a first tier reinsurer.

IGIH is the sole shareholder in North Star Underwriting Limited, a specialist marine underwriting agency

based in London.

IGI Group (companies) underwrites a worldwide portfolio of energy, property, marine, engineering,

financial institutions, general aviation and non-proportional reinsurance treaty business with the main

geographical focus on the Afro-Asian markets. IGIH has assets of more than US$ 500 million as at 31st

March, 2010.

During 2009, IGI reported a net profit of USD 9.1 million as compared to a loss of USD 4.8million in the previous year. Higher net premiums, lower claims costs and improved investment income have collectively contributed to the bottom line

(www.iginsure.com)

- Oman ORIX Leasing Company SAOCLogo :

Content:

Oman Orix Leasing Company SAOG (35%)

[Leading finance company in Oman]

Oman ORIX Leasing Company SAOG (OOLC) was incorporated in 1994 as a joint venture between ONIC Holding & ORIX Corporation. The company is listed on the Muscat Securities Market and commercial operations commenced in October 1994. The Company's head office is situated in Muscat and there are branch offices in the cities of Sohar, Salalah, Nizwa, Ibra, Barka.

OOLC's objectives are to provide medium term asset financing to productive sectors of the economy with an emphasis on serving small and medium-size business enterprises as well as hire purchase facilities to the consumer sector. The Company operates under the supervision and license of the Central Bank of Oman to undertake lease and hire purchase business.

(www.omanorix.com).

- Oman Chlorine SAOC:Logo :

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Oman Chlorine SAOG (15.08%)

[The chemical company for the new millennium]

Oman Chlorine S.A.O.G. was incorporated in 1998 as a Public Shareholding Company and is listed on

the Muscat Securities Market. The company owns and operates a Chlorakali plant located at the Sohar

Industrial Estate in the Sultanate of Oman. Its state of the art Chloralkali plant is the largest privately

owned chemical plant in Oman and is built on 22,000 sq. mtr plot at the Sohar Industrial Estate,

strategically located within close proximity to Dubai, Muscat and the new Sohar Port.

The Plant utilizes the most advanced membrane cell technology thus ensuring the highest quality

products, Efficient power utilization, Reliability of production and the strictest of environmental and safety

standards.

ONICH has been consistently building up the holding in Oman Chlorine since the year 2003, based on

internal research and belief in the business and management of the company, and is one of the largest

shareholders of the company.

(www.omanchlorine.com).

- National Finance House, BahrainLogo

Content :

National Finance House (17.5%)

National Finance House (NFH) specializes in providing consumer and corporate financing for the purchase of private, commercial and heavy vehicles, and construction equipments. Licensed by the Central Bank of Bahrain, NFH commenced operations in September 2006 with an authorized capital of BD 50 million and a paid-up capital of BD 5 million. In October 2006, the Company successfully raised its paid-up capital to BD 7.5 million and broadened its shareholding base.

In order to provide its customers with a convenient one-stop service, NFH started its insurance brokerage services through establishing a new subsidiary company regulated by Central Bank of Bahrain called NFH Insurance.

The Company continued its progress in improving overall operational efficiency witnessing a strong growth.

(www.nfh.com.bh)

PAK Oman Asset Management

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Content :

Pak Oman Asset Management Company Ltd (19.5%)

Pak Oman Asset Management Company Ltd (POAMCL) is a Non-Banking Finance Company incorporated on July 28, 2006 as a public unlisted company in Pakistan with the principal objective of acting as an investment manager for mutual funds. POAMCL is licensed by the (SECP) to undertake Investment Advisory Services and act as an Investment Advisor under Rule 5(2) of the NBFC Rules, 2003.

Pak Oman Asset Management Company Limited strives to be the pioneer in new investment solutions by setting higher standards in the industry. It is this aim that drives its innovative and customized approach to meet client's changing investment needs. POAMCL believes in professionalism, transparent and responsible decision making, and continuous learning, to ensure better returns for investors while maintaining high ethical standards.

(www.pakomanfunds.com).

Career

Building Careers <This should be the caption line below careers>Why ONIC Holding Group

ONIC Holding Group offers every employee a Career and not a job. The Group offers a good balance of Work and Personal Life.

ONIC Holding Group believes in development & grooming of local Omani Talent by providing them with opportunities for advancement. ONIC Holding Group HR Policy is to first look out for local talent and expatriates are recruited only when a local talent is not available.

The Group has a well developed Compensation Structure which is primarily based on the principle of ‘Pay for Performance’.

If you wish to apply for a role with ONIC Holding SAOG; sent your updated CV by email to: HR@onicholding.com . If we do not have a role suitable to fit your profile at present, we will retain your resume and get back to you when an appropriate vacancy arises. Click on the link to view Job description.

Contact us

Address

Oman National Investment Corporation Holding SAOG

1st Floor, Salem Centre,

Near Sheraton Hotel,

Al Falaj Street,

Greater Mattrah,

Muscat,

Sultanate of Oman

Postal Address

Oman National Investment Corporation Holding SAOG

PO Box 1949

Postal Code 114

Sultanate of Oman

Tel: +968 - 24762000 Board

Fax: +968 - 24791357 / 24790545

[map should display ONICH]

[email to be linked khadija@onicholding.com]