Board of Directors

	Dr. Abdullah Shiham Hassan, Ma. Naibuge, Male’ (Chairman of the Board of Directors) Dr. Abdullah Shiham Hassan is a Senior Lecturer of Maldives National University’s Faculty of Shari’ah and Law and a founding member of the Ministry of Islamic Affairs Figh Academy of Maldives. Dr. Shiham acted as the advisor to the MMA from 2008 to 2010 to introduce Islamic Finance to the Maldives. He established Institute of Islamic Finance Maldives (I.I.F.M) in 2009 and serves as the Managing Director and a Lecturer. Dr. Shiham gained his Doctor of Philosophy in Law from the International Islamic University, Malaysia, specialising in Islamic Banking Regulation and Supervision. He also gained his Master of Comparative Laws degree from this university specialising in Islamic Insurance (Takaful). He undertook his Bachelor of Laws from the University of Tasmania, Australia. From 1975 onwards, Dr. Shiham has been serving in the Civil Service, Diplomatic Service, Education and Legislatives. Dr. Shiham is also a director of Amana Takaful Maldives PLC. He was appointed to the Bank’s Board on 10th August 2011 and reappointed on 08th November 2012. He holds no shares in the Bank.
	Mr. Peter Horton (Managing Director and CEO) Mr. Peter Horton joined the Bank on 24th February 2011. He has a BSc. Honours in Financial Services (First Class) and is an Associate of Chartered Institute of Bankers (London). He started his banking career with Barclays in 1984 and has been working in the international arena since 1999. During this tenure he gained significant exposure and experience in all aspects of banking including Retail and Corporate Credit. He has also successfully led teams in the Risk, Distressed Debt and Corporate arenas and has been involved at a strategic level in formulating bank wide credit policies as well as implementing business transformations and restructuring initiatives. Prior to joining Bank of Maldives, Mr. Peter Horton worked as the Corporate Director of First Caribbean International Bank in Bahamas and Turks and Caicos Islands. He was appointed to the Bank’s board on 06th April 2011 and was re-appointed on 10th August 2011 and 08th November 2012. He holds no shares in the Bank.
	Ms. Aishath Noordeen, M. Thaangeedhoshuge, Male’ (Executive Director) Ms. Aishath Noordeen is the Deputy CEO of the Bank and she has been serving the Board as a government appointed Director since 13th June 2008. Prior to joining Bank of Maldives in the year 1982, she served at the 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 the Bank in several local and international forums and led the Bank on numerous occasions. She served as the Acting Managing Director and Chief Executive Officer of the Bank from 29th August 2010 till 04th April 2011, consequent to the resignation of the former Managing Director and CEO. Ms. Aishath Noordeen holds no shares in the Bank.
	Mr. Mohamed Abdul Sattar, Ma.Tulip Villa, Male’ (Non-Executive Director) Mr. Mohamed Abdul Sattar is the Managing Director of Coco 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 from 08th September 2004 to 29th June 2005. On 30th October 2005, he was appointed to the Board by the Government and was last re-appointed on 13th June 2008. Since 07th August 2009 he has been elected to the Board by the public shareholders and was last elected on 08th November 2012. He holds 2,300 shares in the Bank.
	Mr. Ibrahim Mohamed, Nelum, N. Holhudhoo (Non-Executive Director) Mr. Ibrahim Mohamed is the Managing Director of Tropical Island Holidays Pvt. Ltd. He also fills the post of Director in Maldives Airports Company, Maldives Inflight Catering, Maldive Travels and Trading Company, IOF Corporation, Kaanaa Services, Osprey Fisheries, Gasveli Islands and the Government Health Services Corporations. 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 has been elected by the public shareholders to the Board since 07th August 2009 and was last elected on 08th November 2012. He holds 960 shares in the Bank.
	Mr. Mohamed Jaish Ibrahim, G. Anooma, Male’ (Non-Executive Director) He holds a first class honours degree in interior architecture from the University of Nottingham Trent, England. Mr. Mohamed Jaish Ibrahim has been appointed to the Bank’s Board by the Government since 07th August 2009 and was last appointed on 08th November 2012. He holds no shares in the bank.
	Mr. Adam Azim, M. Seenukarankaage, Male’ (Non-Executive Director) Mr. Adam Azim is the General Manager of Sales and Marketing Department of State Trading Organization (STO) PLC. After joining Maldives Water and Sewerage Company (MWSC) in 2000 he served for 10 years and gained vast experience in the financial sector. He last filled the post of Finance Manager in MWSC. Mr. Azim holds an honours degree in Accounting and Finance from the University of East London and a Master of Business Administration from Nottingham University specialising in Finance. Mr. Azim is the chairman of Maldives Structural Products (MSP) a subsidiary company of STO and a director of Rasheed Carpentry and Construction (RCNC). Mr. Azim was appointed to the Board on 06th April 2011 and was re-appointed on 10th August 2011 and 08th November 2012. He holds 100 shares in the Bank.
	Mr. Hassan Shameem, Hulhumale’ Flat 71-G-01, Male’ (Non-Executive Director) Mr. Hassan Shameem has over 16 years of management experience and is currently the Managing Director of Inoca Pvt Limited. Before establishing Inoca Pvt Ltd, Mr Shameem worked as the Project Director of Maldives Tourism Development Corporation (MTDC) and various companies in New Zealand for eight years. Mr. Shameem held the position of the Head of Tender Board Section at the Ministry of Construction and Public Works in 2001. He has also served at various committees of the government including Strategic planning committee at the Ministry of Construction and Steering Committee of the World Bank’s Third Education Project. Mr. Hassan holds a Master of Science Degree in Project Management from the UK and Bachelor of Construction Management and Economics (Hon) from Australia. He is a member of Australian and New Zealand Institute of Quantity Surveyors and a member of Project Management Institute of New Zealand. Mr. Shameem was appointed to the Board by the Government on 08th November 2012. He has no shares in BML.
	Mr. Abdullah Naseem, Karrankaa Villa, HA. Filahdhoo (Non-Executive Director) Mr. Abdullah Naseem is the Assistant Manager, Accounts and Finance of Rainbow Enterprises Private Limited. He has completed part one of Association of Chartered Certified Accountants (ACCA), UK and acquired Certified Accounting Technician (CAT). Mr. Naseem was appointed to the Board by the Government on 08th November 2012.Mr. Naseem has 100 shares in BML.
	Dr. Ismail Shafeeu, M. Poppy, Male’ ( Non-Executive Director) Dr. Ismail Shafeeu is the Medical Director and Acting CEO of Indhira Gandhi Memorial Hospital (IGMH). He has a Master’s Degree in Heath Management and a Post Graduate Diploma in Health Sciences specializing in Health Informatics from the University of Auckland, New Zealand. Dr. Shafeeu also has a diploma in child health from Bahaudhin Zakariyya University, Multan where he also acquired his M.B.B.S. Dr. Ismail Shafeeu serves as a Board Director at Male’ Health Services Corporation. Dr. Shafeeu was appointed to the Board by the Government on 08th November 2012.He has 100 shares in BML.
	Ms. Fathimath Niuma, G. Himaaliyaage, Male’ (Non-Executive Director) Ms. Fathimath Niuma is the technical advisor to the Minister of Economic Development. She has a Masters Degree in Public Policy from Lee Kuan Yew school of Public Policy of the National University of Singapore and a Bachelor of Arts (honors) in Business Administration from University of Northumbria, New Castle, UK. She also has an Advanced Diploma in Hospitality Management from Legend International School, Malaysia. Ms. Niuma is a board director of Maldives Marketing and Public Relations Corporation (MMPRC). Ms. Niuma was elected to the Board by the public shareholders on 08th November 2012. She has 100 shares in BML.