Bank of Maldives (BML) has announced the appointment of Sahar Waheed as the new Deputy Chief Executive Officer (CEO) and Chief Operations Officer (COO).

Sahar will oversee key functions such as banking operations, legal and corporate affairs, human resources, administration, properties, and procurement. With more than 18 years of experience in banking, Sahar has previously served as the Bank’s Head of Strategic Planning and Change Management and, most recently, as its People and Change Director.

She holds a Bachelor’s degree in Economics and Economic History from the London School of Economics and Political Science, along with a Master of Laws (LLM) in Commercial Law. She is also a qualified Chartered Banker, certified by the Asian Institute of Chartered Bankers.

The Bank also announced a restructured executive management team. Joining Chief Financial Officer Nandana Senevirathne and Chief Risk Officer Gary Laughton are:

Commenting on the changes, Mohamed Shareef, CEO and Managing Director of the Bank, emphasised the importance of developing local talent. 

“Our commitment to fostering local talent is evident in these key leadership appointments. Each individual brings unparalleled expertise in their respective areas, and their proven capabilities and understanding of the Maldives banking landscape will drive our vision of supporting individuals, businesses, and communities across the country,” he said.