Board of Directors
Mr. Timothy Sawyer
Mr. Timothy Sawyer is the Chief Executive Officer of the Bank. He has over 30 years of international experience in financial services, including 20 years at Executive and Board level. Prior to joining Bank of Maldives, he was the Chief Investment Officer at Innovate UK, the investment arm of the UK Government.
Prior to Innovate UK, Mr. Sawyer was the CEO of Start Up Loans, where for his services to the UK industry in developing small businesses and entrepreneurs, was awarded Commander of the Most Excellent Order of the British Empire (CBE) by Queen Elizabeth.
Mr. Sawyer has also had the honor of leading several financial institutions including Cahoot and Kent Reliance, and was the Chairman at Banque Dubois of Switzerland as well as Folk2Folk, a lending organization based in UK.
Mr. Sawyer holds first class honors in Master of Arts in History from the University of Oxford, UK. He is an Associate of Chartered Institute of Bankers.
Mr. Sawyer is a member of Bank’s
Board Credit Committee.
Mr. Sawyer has no shares in the Bank.
Ms. Juwairiya Saeed
Ms. Juwairiya Saeed is the Co-Founder and Executive Director at FJS Consulting Pvt Ltd. Ms. Juwairiya is also the current Chairperson at Cancer Society of Maldives.
Ms. Juwairiya has served as a Director at a number of government shareholding companies, including Island Aviation Pvt Ltd., Maldives Islamic Bank and Maldives Ports Authority. She has also served as an Independent Director of Centurion Plc, Chairperson of Dhiraagu, Privatization Committee Member at the President’s Office and Board Director of Public Enterprise Monitoring and Evaluation at the Ministry of Finance.
Since 2007, Ms. Juwairiya has provided financial consultancy and worked as a financial advisory in numerous government projects in the Maldives. Some of these projects include the Maldives Environmental Management Project, Maldives GCC Project and the Rapid Assessment of Water and Sanitation Status in Maldives project by World Bank.
Ms. Juwairiya holds a Master’s of Arts with Distinction in Business with Financial management from Northumbria University, UK, and a Bachelor of Commerce from the University of Western Australia.
Ms. Juwairiya is a member of
Nomination Committee, Appointment and Remuneration Committee and Audit and Risk
Management Committee of the Bank.
Ms. Juwairiya has 100 shares in the Bank.
Ms. Sana Mansoor
Ms. Sana Mansoor is a Managing Partner at FJS Associates LLP. Ms. Sana has worked at the State Trading Organisation Plc (STO) from 1988 to 2013. The last position she held at STO Plc was the Chief Financial Officer.
Ms. Sana was an Executive Board Director at State Trading Organization Plc Ltd. In addition, Ms. Sana has held a number of leadership positions, including Chairperson of Allied Insurance, and Board Director at Maldives Stock Exchange, Maldives Securities Depository and The Maldives Structural Product.
Ms. Sana Mansoor holds a Bachelor of Commerce Degree from Griffith University, Australia. She is also a CPA Australia Certified Practicing Accountant and a Licensed Auditor at the Auditor General’s Office.
Ms. Sana is the current Chairperson
of Appointment and Remuneration Committee. She is also a member of Audit and
Risk Management Committee and Board Credit Committee of the Bank.
Ms. Sana has no shares in the bank.
Mr. Najeem Ibrahim Zakariyya
Mr. Najeem Ibrahim Zakariyya has over 9 years’ experience in different industries of the Private Sector. At present he is the General Manager and Chief Consultant at Shinetree Holding Pvt. Ltd. Mr. Najeem provides advisory services in tourism, start-up funding, personal finance, wealth planning and investment. 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 Ibrahim holds a Master’s Degree in Applied Finance and a Bachelor’s Degree in Banking and Finance from the Monash University, Australia.
Mr. Najeem Ibrahim is a member of Nomination
Committee, Audit and Risk Management Committee and Board Credit Committee
of the Bank.
Mr. Najeem Ibrahim has no shares in the Bank.
Ms. Hawwa Safna
Ms. Hawwa Safna is, at present, the Chief Funds Executive at the Ministry of Finance and Treasury where she is the government executive responsible for the enforcement of the Public Finance Regulation. Ms. Safna has extensive experience in financial management having previously worked at the Capital Market Development Authority as a Market Development Expert in addition to various positions at the Ministry of Finance and Treasury.
Ms. Safna holds a Master of Business Administration with Finance Majors from INTI International University, Malaysia and a Master of Arts from University of Hertfordshire, United Kingdom.
Ms. Safna is the current Chairperson
of Nomination Committee. She is also a member of Appointment and Remuneration
Committee and Board Credit Committee of the Bank.
Ms. Safna has no shares in the Bank
Mr. Hussain Thoufeeq Ali
Mr. Hussain Thoufeeq Ali has been the Managing Director at Silver Sands Pvt. Ltd since 2008. Prior to being appointed as Managing Director at Silver Sands Pvt. Ltd, Mr. Thoufeeq Ali served the Ministry of Foreign Affairs for over 13 years. The last position held by him at the Ministry of Foreign Affairs was Director General.
Mr. Thoufeeq Ali was a Board Director at the Maldives Tourism Development Corporation Plc.
Mr. Thoufeeq Ali holds a Bachelor of Human Science (Political Science) honors degree from the International Islamic University of Malaysia, and a Postgraduate Level Certificate in Diplomatic Studies from the University of Oxford.
Mr. Thoufeeq Ali is a member of
Nomination Committee and Appointment and Remuneration Committee of the Bank.
Mr. Thoufeeq has no shares in the Bank.
Mr. Mohamed Abdul Sattar
Mr. Mohamed Abdul Sattar is Managing Director of Coco Huts Pvt. Ltd. He was first 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.
He holds a Master of Business Administration degree from University of Wales, United Kingdom
Mr. Sattar is a member of Audit and
Risk Management Committee, Appointment and Remuneration Committee and
Board Credit Committee of the Bank.
Mr. Ibrahim Mohamed
Mr. Ibrahim Mohamed is Executive Director of NPH Investment Pvt Ltd and NPH Developments Pvt. Ltd. He has served on the Board both as a Government appointed director as well as a director elected by the shareholders.
A finance and tourism sector professional, Mr. Ibrahim currently serves on the Boards of several companies.
Mr. Ibrahim holds a Higher National Diploma in Business and Finance (Tourism) from South Glamorgan Institute of Higher Education (Cardiff Metropolitan University), United Kingdom and a postgraduate degree in Tourism from University of Strathclyde, United Kingdom.
Mr. Ibrahim is the current
Chairperson of Audit and Risk Management Committee. He is a member of Board
Credit Committee of the Bank.
Mr. Ibrahim holds 960 shares in the Bank.
Mr. Ahmed Mohamed
Mr. Ahmed Mohamed served as the Ambassador of Maldives to India from 2015 to 2018. Mr. Ahmed Mohamed was also the Minister of Economic Development from 2012 – 2013. Prior to being elected to this position, he also served as the Chief Executive Officer of State Trading Organization Plc.
Mr. Ahmed Mohamed served on the Bank from 2008 – 2012 as a member of the Board. He also served as Chairman of the Board in STO Plc, Maldives Oil Company, Fuel Supply Maldives and Allied insurance. He has further been engaged as a member of the Board in Dhivehi Ekuweri Kunfuni Plc, Hulhumale’ Development Corporation, Island Aviation Services Limited and Maldives Ports Authority.
Mr. Ahmed Mohamed holds a First Class Honors Bachelor’s degree in Engineering Sciences and a Master’s degree in Economics (Public Policy) from the University of Hull, UK.
Mr. Ahmed is a member of Nomination
Committee and Board Credit Committee of the Bank.
Mr. Ahmed holds 30 shares in the Bank.