Governance of CBO is vested in its Board of Governors. The Board is vested with full authority to perform all acts required for the effective functioning and management of the Central Bank, as well as the banking system of the country. The wide range of powers include the issuance of regulations relating to the implementation of Banking Laws, interest rates, capital adequacy, discounting of commercial papers, appointment of banking personnel, and other regulations as deemed necessary.
The Board of Governors of CBO is chaired by His Majesty The Sultan with six members as follows:
H.E. Sultan bin Salim bin Said Al Habsi
H.E Nasser bin Khamis bin Ali Al Jashmi
H.E. Tahir bin Salem bin Abdullah Al-Amri
H.E. Abdullah bin Salem Al Salmi
Dr. Saif bin Abdullah bin Saif Al Sheidi