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Board of Directors 

Dr. Abdullah Shiham Hassan, Ma. Naibuge, Male’
(Chairman of the Board of Directors)

Dr. Abdullah Shiham Hassan is the Senior Lecturer of Faculty of Shariah and Law and the Head of Law Department at Maldives National University. He is also a member of Ministry of Islamic Affairs’s Figh’h Academy of Maldives. In addition he was an Advisor to MMA from 2008 to 2010 with regard to the introduction of Islamic Finance in the Maldives. In 2009, he was actively involved in the establishment of the Institute of Islamic Finance Maldives (I.I.F.M) and he is currently the Managing Director and a Lecturer of the institute. Dr. Shiham holds a PHD in Law from the International Islamic University of Malaysia, specializing in Islamic Banking Regulatory and Supervisory. In addition to this, he also holds a Master of Comparative Laws from Islamic University of Malaysia, specializing in Islamic Insurance (Takaful) and attained his Bachelor of Law from the University of Tasmania, Australia. Since 1975, Dr. Shiham has been actively involved in the fields of Civil Service, Diplomatic Service, Education and Law and provided countless services for the betterment of the country. Dr. Shiham was appointed to the Board of Directors by the Government on 10th August 2011. Dr. Shiham does not hold any shares in BML.

Mr. Peter Horton
(Managing Directors and Chief Executive Officer)
Mr. Peter Horton is a British citizen and joined the Bank on 24th February 2011. His initial contract is for a period of 03 years. He has a BSc. Honours in Financial Services (First Class) and is an Associate of Chartered Institute of Bankers (London). He has been working in the international arena since 1999, having actually started his banking career with Barclays in 1984, gaining significant exposure to the operations of a Bank and understanding all aspects of the operations of Banking, including Retail and Corporate Credit. During his banking career he has successfully led teams in the Risk, Distressed Debt and Corporate arenas. He has been involved at a strategic level in formulating banks wide credit policies and in implementing business transformations and restructuring. Prior to joining the Bank Mr. Peter Horton worked as the Corporate Director of First Caribbean International Bank, Bahamas and Turks and Caicos Islands. Mr. Peter Horton was appointed to the Board by the Government on 06th April 2011 and was reappointed on 10th August 2011. He does not hold any shares in BML.

 

 Ms. Aishath Noordeen, M. Thaangeedhoshuge, Male’
(Executive Director)
Ms. Aishath Noordeen was the Acting Managing Director and Chief Executive Officer of the Bank from 29th August 2010. Ms. Aishath Noordeen is the Assistant General Manager for Card Operations, Electronic Banking, Information Technology, International Banking and Correspondent Banking Division. Prior to joining Bank of Maldives PLC in the year 1982, she served at State Bank of India Male’ Branch. Over a career expanding 30 years in the banking industry, she has gained vast exposure in Trade Finance and International Banking Operations and has been involved in establishing and maintaining numerous correspondent banking relationships and inter-bank lines. She has represented and led the Bank on numerous occasions. Ms. Aishath Noordeen was first appointed to the Board by the Government on 13th June 2009, and was last re-appointed on 10th August 2011. She does not hold any shares in BML.

 

Mr. Mohamed Jaish Ibrahim, G. Anooma, Male’
(Director)
Mr. Mohamed Jaish Ibrahim is the Chairman of Central Utilities Pvt. Ltd. He holds a First Class Honors Degree in Interior Architecture from the University of Nottingham Trent, England. Mr. Mohamed Jaish Ibrahim was appointed to the Bank’s Board on 07th August 2009 and was last re-appointed on 10th August 2011. He does not hold any shares in BML.

 

 

 

Mr. Adam Azim, M. Seenukarankaage, Male’
(Director)
Mr. Adam Azim is the General Manager of Merchandizing Department of State Trading Organization PLC. After joining Maldives Water and Sewerage Company Pvt Ltd in the year 2000, he continuously worked there for 10 years and obtained experience in the field of finance. His last position at the company was the post of Finance Manager. He specialized in the field of Finance subsequent to attaining his BA (Hons) degree in Accounting and Finance from the University of London, UK and Masters in Business Administration in Financial Studies from Nottingham University, UK. He was appointed to the Board on 06th April 2011 and was re-appointed on 10th August 2011. He holds 100 shares in BML.

 

 

Mr. Hassan Muzni Mohamed, G. Atha, Male’
(Director)
Mr. Hassan Muzni Mohamed, G. Atha, Male’ is the Assistant General Manager and Head of Cargo Clearance Department of Maldives Ports Limited. He holds a Bachelor of Sciences Honors Degree in Computing and a Post Graduate Diploma in Technology Management from Staffordshire University, UK. He was appointed to the Board on 30th October 2010 and was re-appointed on 10th August 2011. He does not hold any shares in BML.

 

 

 

Ms. Nuha Mohamed Riza, H. Meerubahuruge, Male’
(Director)
Ms. Nuha Mohamed Riza is the Head of Economic Policy and Business Facilitators Section of Ministry of Economic Development. She is also a Board of Director of Island Aviation Services.  She holds a Degree in Economics from Trinity College, University of Cambridge, UK and a Masters in International Accounting and Finance from Carse Business School, City University, London. She was appointed to the Board on 30th October 2010 and was re-appointed on 10th August 2011. She does not hold any shares in BML.

 

 

 

Mr. Hussain Shaheem, H. An’dhunge, Male’ 
(Director)
Mr. Hussain Shaheem is the Managing Director of M/S Sirius Financial Services Pvt Ltd, M/S Sirius Enterprises Pvt Ltd and M/S Yearound Pvt Ltd. Mr. Hussain Shaheem has over 25 year of experience in automobile engineering and business operations. He does not hold any shares in BML.


 

 

 

 

Mr. Mohamed Abdul Sattar, Ma.Tulip Villa, Male’
(Director)
Mr. Mohamed Abdul Sattar is the Managing Director of Cocoa Huts Pvt. Ltd. and holds a Master of Business Administration from University of Wales, UK. He was elected to the Board of Directors of the Bank by the public shareholders of the Bank from 08th September 2004 to 29th June 2005. On 30th October 2005, he was appointed to the Board of Directors by the Government of Maldives and was last reappointed on 13th June 2008. On 07th August 2009, he was elected again to the Board of BML by the public shareholders of the Bank and was last re-elected on 10th August 2011. He holds 2,300 shares in BML.

 

 

 

Mr. Ibrahim Mohamed, Nelum, N. Holhudhoo
(Director & Chairperson of Audit and Risk Management Committee)
Mr. Ibrahim Mohamed is the Managing Director of Tropical Island Holidays Pvt. Ltd. and Osprey Fisheries Pvt. Ltd. He is also an Executive Director of Gasveli Islands Pvt. Ltd. Mr. Ibrahim Mohamed holds a Master of Sciences Degree in Tourism from University of Strathclyde, UK and a Higher National Diploma in Business and Finance (Tourism) from South Glamorgan Institute of Higher Education, University of Wales, UK. He was elected by the public shareholders to the Bank’s Board on 07th August 2009 and was last re-elected on 10th August 2011. He holds 960 shares in BML.

 

 

 

Mr. Ahmed Mohamed, G.Ufaa, Male’
(Director & Chairperson of Appointments, Nomination and Remuneration Committee)
Mr. Ahmed Mohamed holds a First Class Honours Bachelors Degree in Engineering Sciences and a Masters in Economics (Public Policy) from the University of Hull, UK. He has served as an appointed member of the Board since 13th June 2008 and was subsequently elected to the Bank’s Board by the public shareholders on 07th August 2009 and was last re-elected on 10th August 2011. Mr. Ahmed holds 30 shares in BML.
 

 
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