Hassan Kalaam has been appointed the Director of Islamic Banking at the Bank of Maldives.
The country’s national bank revealed that Kalaam is a licensed Shariah advisor with over 10 years’ experience in financial services and the banking industry.
BML’s new Director of Islamic Banking has played a key role in contributing to the success of the bank’s “steadily” growing arm of Islamic Banking, since joining BML in 2013.
Most recently, Kalaam served as the Interim-in-charge of BML Islamic.
Following this appointment, BML’s CEO and Managing Director Timothy Sawyer expressed his confidence that the new appointee will bring his “valuable” expertise in Islamic Banking to meet the evolving needs of BML’s customers.
“I am delighted to welcome Kalaam to the executive team as our Director of Islamic Banking. As we further strengthen our portfolio of Shari’ah compliant products, I am confident that Kalaam will bring his valuable expertise in Islamic Banking to meet the evolving needs of our customers. I wish Kalaam success in his new role.”Tim Sawyer, BML’s CEO and MD.
With 99 percent of its staff base being comprised of locals, BML is the largest bank and one of the largest employers in the island nation.
BML takes pride in implementing “forward-looking” human resources policies to ensure the highest professional standards of employee recruitment, development and reward, said BML.
