BML appoints additional Deputy CEO, major changes to top management

Bank of Maldives has appointed an additional Deputy CEO, announcing major changes to its top management structure.

BML made the decision to change the top management structure in order to attain objectives of its expansion plans for 2017 and beyond.

The decision was announced by CEO and Managing Director of BML, Andrew Healy during a meeting held with over 100 senior employees of the bank this Thursday morning.

The changes will take effect on January 2, 2017.

As part of the changes:

1. Director of Retail Banking, Mohamed Shareef has been appointed as Deputy CEO.

2. Director of Corporate Banking and Director of Retail Banking has been combined to create the position Director of Business; and Director of Corporate Banking, Kuldip Paliwal has been appointed to the position.

3. Director of BML Islamic position has been created, and Zulkarnain Taman has been appointed to the post.

Zulkarnain Taman is an experienced international Islamic Banking professional. A Malaysian native; he has filled top positions in Malaysian banks and other businesses.

Once the new Deputy CEO Mohamed Shareef starts work on January 2, 2017, the bank will have two Deputy CEOs.

Mohamed Shareef will start work as Deputy CEO on January 2, 2017, joining the current Deputy CEO, Aishath Noordeen.

BML CEO and Managing Director, Andrew Healy commented, “I am pleased to announce today’s changes to our team which I am confident will strongly support our business expansion and customer service focus going forward. I wish Shareef, Kuldip and Zulkarnain every success in their new roles.”