Bank of Maldives

BML appoints new chairperson

  • She was given this position at a meeting of its board of directors
  • Saeedha Umar has served as a policy consultant at the Economic Ministry
  • Fareehaa Shareef, who had served as BML’s chairperson for two consecutive years, had decided not to contest for a third

Shan Anees
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K. Male' 2017 Aug 28 | Mon 14:57 1,685 business

Saeedha Umar has served as a policy consultant at the Economic Ministry - BML

Saeedha Umar has been appointed as chairperson of the Bank of Maldives (BML).

She was given this position at a meeting of its board of directors.

This board has three directors appointed by BML’s shareholders, and eight directors appointed by the state.

Saeedha has served as a policy consultant at the Economic Ministry and co-chair of working group formed for the China-Maldives free trade agreement.

Fareehaa Shareef, who had served as BML’s chairperson for two consecutive years, had decided not to contest for a third.

BML had made a total of MVR 1.02 billion in 2016, which was its most profitable year yet.

Last updated at: 3 weeks ago | Reviewed by: Aishath Shaany

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