Sanjay Tiwari
Chief Financial Officer
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- Full Name
- Sanjay Kumar Tiwari
- Title
- Acting Chief Executive Officer (appointed January 8, 2017); previously Chief Financial Officer, Al Anwar Holdings SAOG
- Firm
- Al Anwar Investments SAOG (formerly Al Anwar Holdings SAOG)
- Firm Type
- Publicly listed investment holding company (private-equity style investor), Muscat Stock Exchange (MSX)
- Investment Stage
- Growth / private-equity style stakes in established companies (the "Angel / Seed" label in the stub comes from an investor-database aggregation and is not supported by the firm's actual activity)
- Sector Focus
- Financial services, insurance, industrial manufacturing, education, power, oil & gas
- Geographic Focus
- Oman, the GCC, India, and other emerging markets
- Location
- Muscat, Oman
Background
Sanjay Kumar Tiwari is a finance executive based in Muscat, Oman. He is a qualified Chartered Accountant, having completed his articleship/qualification with the Institute of Chartered Accountants of India (ICAI) in the mid-1980s (records cite 1983–1986). His earlier career, per professional-network and data-broker records, spans finance roles in India and the Gulf, including positions associated with Birla Cement Works, IFFCO, and Mehdi Foods LLC, before joining Al Anwar in Oman.
At Al Anwar Holdings SAOG (now Al Anwar Investments SAOG), Tiwari served as Chief Financial Officer. On January 8, 2017, the company announced his appointment as Acting Chief Executive Officer "till further decision," elevating him from the finance function to run the holding company. In that capacity he oversaw the group's investment portfolio, financial reporting, and its stakes in listed Omani companies.
Al Anwar Investments SAOG, established in 1994, is one of the longer-standing investment holding companies on the Muscat Stock Exchange. It follows a private-equity model — taking and managing significant minority stakes in operating businesses across financial services, insurance, industrial manufacturing, and education in Oman and the wider region. Over roughly three decades the firm has helped build and nurture businesses such as Voltamp Energy, Al Maha Ceramics, and Arabia Falcon Insurance.
As of the most recent public management listing on the company website, Khalid Al Eisri is the CEO of Al Anwar Investments SAOG, indicating that Tiwari's acting-CEO tenure has since ended; he no longer appears on the current management team page.
Investment Thesis & Focus
- Invests through Al Anwar Investments SAOG, a listed holding company, rather than as a personal startup angel — capital is deployed into meaningful equity stakes in established, often listed, operating companies.
- Sectors: financial services and insurance, industrial manufacturing (aluminium, ceramics, electrical equipment), power/energy, oil & gas, education, and packaging/FMCG-supporting industries.
- Geography: Oman-centric, extending across the GCC, India, and other emerging markets.
- Style: long-hold, board-level, private-equity approach — building and nurturing portfolio companies over years and monetizing via partial stake sales (e.g., trimming its Voltamp position in 2025).
Notable Investments
- Voltamp Energy SAOG — Omani electrical-transformer and power-equipment manufacturer; Al Anwar held ~24.68% and reported Voltamp FY2024 revenue of ~OMR 41.5M; Al Anwar sold a 5% stake in February 2025.
- Arabia Falcon Insurance Company SAOG — Omani insurer; Al Anwar held ~22.62%; ~OMR 21.8M insurance revenue in FY2024.
- National Aluminium Products Co. SAOG (NAPCO) — aluminium extrusion/products manufacturer in Oman.
- Al Maha Ceramics SAOG — ceramic tiles manufacturer, cited among the businesses Al Anwar built up.
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