Mr. Ahmed Ali Habeeb is the Chairperson of the Bank.
Mr. Habeeb also the Principal Secretary to the President on Cabinet Affairs from 17th November 2023. Prior to this, he was the General Manager of Apollo Holdings Private limited from 15th January 2006 till 16th November 2023.
Mr. Habeeb served as a Board Member for Housing Development Corporation from April 2012 until February 2019.
Mr. Habeeb is a member of the Chartered Institute of Management Accountants (CIMA), UK.
Mr. Habeeb has no shares in the Bank.
Mr. Mohamed Shareef rejoined the Bank in October 2024. He currently serves as the Chief Executive Officer and Managing Director.
Mr. Shareef has over 25 years of experience in the financial sector, including more than 7 years at the executive and board level. At BML, Mr. Shareef contributed to modernizing the Bank's operations and promoting growth. He was involved in implementing core banking systems, introducing debit and credit card services, and expanding digital banking solutions such as internet banking, mobile banking, self-service banking, and e-commerce payment gateways. These initiatives enhanced the Bank's financial performance and improved its service delivery and digital transformation.
Mr. Shareef played a significant role in the Bank’s strategic development during his tenure, managing key departments such as Islamic Banking, Technology, Marketing, Retail Banking, and Operations.
Mr. Shareef holds an MBA from the University of Manchester and completed the Senior Executive Programme at London Business School, which is renowned for its focus on CEOs and senior executives globally. Additionally, he strengthened his leadership qualifications by serving as the elected Vice Chairman of the Asian Bankers Association from 2018 to 2020.
Mr. Shareef owns 10 shares in the Bank.
Ms. Sahar Waheed joined the Bank in 2006. She was appointed as Deputy CEO & Chief Operating Officer in December 2024.
Ms. Sahar has 18 years of experience in banking, and she has held key positions at the Bank including Head of Strategic Planning and Change Management and most recently as the People and Change Director.
Ms. Sahar holds a BSc. in Economics and Economic History from the London School of Economics and Political Science, as well as an LLM in Commercial Law and a Chartered Banker professional qualification from the Asian Institute of Chartered Bankers.
Ms. Sahar has no shares in the Bank.
Mr. Ali Faris Mohamed has been providing financial and tax advisory services since 2012. He has been the Managing Partner of Faris & Co LLP since 2016 and has been serving as the Senior Tax Advisor at SHC Law & Tax LLP since 2020. Before these roles, he was the audit manager at the Maldives Inland Revenue Authority from 2011 to 2012.
Mr. Faris is a Licensed Auditor (since 2016) with the Institute of Chartered Accountants of the Maldives and a Licensed Tax Agent (since 2016) of Maldives Inland Revenue Authority, and a Licensed Investment Advisor (since 2024) with the Capital Market Development Authority. Faris also holds the position of Vice Chairperson of the Valuation Committee at the Institute of Chartered Accountants of the Maldives since 2022.
His governance experience is highlighted by his tenure as a Board Member of Maldives Pension Administration Office from 2015 to 2018 and as a Board Member of Privatization and Corporatization Board from 2013 to 2014.
Mr. Faris is the current Chairperson of the Board Appointment, Nomination & Remuneration Committee.
Mr. Faris holds a Master of Science in Finance (honors) from International Islamic University, Malaysia, and a Bachelor of Business Administration (honors) from Lewis-Clark State College, United States of America. He is also a Certified Public Accountant, accredited by the American Institute of Certified Public Accountants, United States of America
Mr. Faris owns 12,850 shares in the Bank.
Mr. Adil Moosa is the Chief Operating Officer at Tree Top Hospital since 2020. Prior to this, he served as the Managing Director of Maldives Airports Company Limited (MACL) from January 2015 to November 2018.
Mr. Adil joined MACL in June 1992 and has held several positions within the company, including Head of Investment Programme, Head of Finance and Information Technology and Assistant Director.
Mr. Adil served as a Board Member for Maldives Inflight Catering Services from 2009 to 2010 and from 2013 to 2018. He served as a Board Member of Addu International Airport from January 2015 to November 2018. In addition, Mr. Adil was a Board Member at the Maldives Association for Tourism Industry (MATI) from January 2018 to January 2019.
Mr. Adil holds a Masters of Commerce from Macquarie University, Australia and has a Bachelors Degree in Accountancy and Finance (Hons) from Systematic Business Training Center, Malaysia
Mr. Adil has 20 shares in the Bank.
Mr. Mohamed Shahid has been providing consultancy services in the field of finance from 2019 onwards. He was also the Chief Financial Officer (CFO), overseeing the Investment Advisory, Investment Operations, Financial Planning and Control functions of the Maldives Pension Administration Office (MPAO) during a period from October 2018 to July 2023.
Mr. Shahid served as the Director General at various departments in Maldives Inland Revenue Authority (MIRA) including Revenue Operations Department, Enforcement and Compliance Department, and Individual Business Department from October 2010 till October 2018. He served at various technical committees in the field of finance and taxation.
He was the Board Secretary at MIRA from August 2010 to August 2015. He was also a Spokesperson of that Organisation.
Mr. Shahid holds a Master of Science (MSc) in Finance at International Islamic University Malaysia (IIUM) and a BA (Hons) in Accounting and Finance from University of East London, UK.
Mr. Shahid has 60 shares in the Bank.
Dr. Mariyam Suzy Adam is the Registrar and Managing Director at Nazeer Education Services (NES). She has been the Managing Director of Island Scenery Maldives since 2018. Prior to this, she served as the Vice President of the Clemency Board of the Attorney General's Office from March 2010 till April 2015.
Dr. Suzy served as a Committee Member of the Special Achievements Awards Committee of the President’s Office from March 2015 to March 2019.
Dr. Suzy was a consultant for Live and Learn Environmental Education. In addition, she served as the Dean of the Maldives National University School of Business.
Dr. Suzy is the current Chairperson of the Board Corporate Governance Committee.
Dr. Suzy holds a Doctor of Philosophy in Information Systems and a Master’s degree of Commerce in Management Science and Information Systems (Hons) from the University of Auckland, New Zealand. In addition, she also holds a Bachelor’s Degree in Information Science from the University of Newcastle, Australia.
Dr. Suzy has no shares in the Bank.
Mr. Mohamed Maaiz Munaz has been the Chief Accounts Executive at Ministry of Finance since February 2023.
Since 2011, Mr. Maaiz has held various positions in the Maldives Inland Revenue Authority, including the roles of Objections Manager and Deputy Manager of Large Taxpayer Audit.
Mr. Maaiz was a member of the board of directors of the SME Development and Finance Corporation (SDFC) from May 2024 to April 2025.
Mr. Maiz is a member of the Association of Chartered Certified Accountants, UK.
Mr. Maaiz has no shares in the Bank.
Mr. Naseem is the Managing Director of Health and Glow Pvt Ltd. Mr. Naseem previously served as the Assistant Manager, Accounts and Finance of Rainbow Enterprises Private Limited.
Mr. Naseem also served as a Government appointed Director in the Bank’s Board from 8th November 2012 to 18th November 2013.
Mr. Naseem is the current Chairperson of Board Audit Committee.
Mr. Naseem has completed Technician Level of Association of Chartered Certified Accountants (ACCA), UK and is a Certified Accounting Technician (CAT).
Mr. Naseem has 100 shares in the Bank.
Mr. Najeem Ibrahim Zakariyya has over 14 years’ experience in several industries of the private sector. At present. Mr. Najeem is the General Manager at Shinetree Holding Pvt. Ltd.
Mr. Najeem provides advisory services in personal finance, wealth, investment and governance. In addition, Mr. Najeem was also an Assistant Lecturer at the Maldives College of Higher Education (National University), teaching Finance and Accounting subjects to Bachelor’s Degree and Diploma level students.
Mr. Najeem served on the Bank’s Board as a Government appointed Director from 30th July 2019 to 15th July 2021.
Mr. Najeem is the current Chairperson of the Board Risk Committee
Mr. Najeem holds a Master’s Degree in Applied Finance and a Bachelor’s Degree in Banking and Finance from Monash University, Australia.
Mr. Najeem has one share in the Bank.
Mr. Moosa Rasheed is the Chief Financial Officer at Aasandha Company Limited since 2019. Prior to this, Mr. Moosa served as the Head of Accounts and Financial Controller of Allied Insurance Company Limited. Mr. Moosa Rasheed has over 25 years of professional experience in Finance.
Mr. Moosa was elected to the Banks Board from the public shareholders from 13th June 2008 to 18th August 2009.
Mr. Moosa is a fellow member of the Association of Chartered Certified Accountants, United Kingdom.
Mr. Moosa has 70 shares in the Bank.