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BusinessNews

Bank of Maldives Names Sahar Waheed as Deputy CEO

By The Standard Published December 1, 2024

The Bank of Maldives (BML) has announced the appointment of Sahar Waheed as its new Deputy CEO and Chief Operations Officer (COO), marking a key shift in the bank’s leadership structure.

Sahar brings more than 18 years of experience in banking, having held critical roles in banking operations, legal and corporate affairs, human resources, and procurement. Her leadership journey at BML includes serving as Head of Strategic Planning and Change Management and most recently as the People and Change Director.

She holds a Bachelor of Science in Economics and Economic History from the London School of Economics and Political Science, as well as an LLM in Commercial Law. In addition, she has earned the Chartered Banker professional qualification from the Asian Institute of Chartered Bankers.

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The announcement comes as part of a broader reorganization of BML’s executive management team, designed to align with the bank’s long-term strategic goals. In addition to Sahar’s appointment, BML introduced several key leadership changes:

  • Chief Financial Officer (CFO): Nandana Senevirathne
  • Chief Risk Officer (CRO): Gary Laughton
  • Chief Technology Officer (CTO): Adly Ahmed Didi
  • Chief Business Officer (CBO): Moosa Nimal
  • Chief Credit Officer (CCO): Rashfa Jaufar
  • Chief Marketing Officer (CMO): Aishath Zamra Zahir
  • Chief Islamic Banking Officer (CIBO): Hassan Kalaam

Commenting on the new appointments, BML CEO Mohamed Shareef expressed confidence in the team’s expertise. “Each of these leaders brings a wealth of experience and knowledge in their respective fields. I am confident in their ability to drive the bank’s vision of supporting individuals, businesses, and communities across the Maldives,” he said.

BML’s leadership overhaul underscores its commitment to strengthening its position as the leading financial institution in the country while focusing on innovation and customer-centric services.

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“The Standard Maldives” is your premier source for the latest news, insights, and stories from the Maldives. With a commitment to accuracy and independence, we bring you comprehensive coverage of local developments, regional events, and global perspectives that impact our island nation. From breaking news to in-depth analyses, we aim to inform, inspire, and engage. Proudly carrying the tagline, ‘The World’s Window on Maldives,’ we connect the Maldives to the world and the world to the Maldives. Stay informed, stay connected.”

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