When I first joined Oivan, I was filled with optimism. Over time, however, my experience evolved into one of growing frustration.
A key issue at Oivan is the leadership style of the CEO. While leadership is crucial for any organization, our CEO’s frequent focus on international conferences, particularly those unrelated to our core business, (namely Bitcoin) has created a noticeable gap in guidance and mentorship. This absence has had a ripple effect, impacting various areas of the company.
One notable area of concern was our operations in Riyadh. The relocation of key personnel, intended to strengthen client relations, did not have the desired effect. Instead, it led to challenges, including withheld payments and salary delays in November 2023 and again in 2024. This situation raised questions about the company’s financial management and overall strategy.
Our focus on the Saudi market also seems misaligned. Despite efforts to position ourselves as strategic partners, we are often seen as vendors, which has caused frustration and hindered progress.
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Another concern is the role of the Chief People and Operations Officer, whose frequent travels to our Asian offices appear disconnected from their intended purpose. Her approach to fostering company culture has also been questioned, as it has inadvertently created divisions and discomfort among employees.
Overall, my time at Oivan has not lived up to the potential I initially saw. The company’s challenges in leadership, market strategy, and corporate culture have been significant obstacles.