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 the Central Bank of Oman comprises seven members appointed by His Majesty the Sultan, as follows:
| His Highness Sayyid Taimur bin Asa'ad bin Tariq Al Said (Chairman)
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H.E. Dr. Said bin Mohammed bin Ahmed Al-Saqri Minister of Economy (Deputy Chairman) |
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H.E. Abdullah bin Salim Abdullah Al-Harthy
Under-Secretary of the Ministry of Finance (Member) |
 | H.E. Abdullah bin Salem Al Salmi Executive President, Capital Market Authority (Member) |
 | Maqbool bin Ali bin Sultan Al-Lawatia (Member) |
 | Shaikh Mohammed bin Saud bin Salim Bahwan Al Mukhaini (Member) |
 | Ahmed bin Mohammed bin Abdullah Al-Abri (Member)
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