Bank of Maldives (BML), the country’s largest financial institution, has made a strategic shift in its leadership with the appointment of Sahar Waheed as its new Deputy CEO. This move is part of the bank’s ongoing efforts to enhance its leadership team and streamline its operations to better serve its customers. In her new role, Sahar will be responsible for overseeing key areas including Banking Operations, Legal and Corporate Affairs, Human Resources, Administration, Properties, and Procurement.
A Seasoned Professional with Extensive Banking Experience
Sahar Waheed brings over 18 years of valuable experience in the banking industry to her new position. Having worked with BML for several years, she is no stranger to the bank’s operations and strategic direction. Most recently, Sahar held the position of Head of Strategic Planning and Change Management, where she was instrumental in driving key initiatives that shaped the bank’s growth.
Before being appointed Deputy CEO, Sahar also served as the People and Change Director at BML. This role saw her oversee the bank’s human resources strategies, fostering a culture of growth, innovation, and employee satisfaction. Her experience in leadership and management is complemented by her academic credentials, which include a Bachelor of Science in Economics and Economic History from the prestigious London School of Economics and Political Science. She also holds a Master of Laws (LLM) and is a Chartered Banker from the Asian Institute of Chartered Bankers.
Leadership Transition and New Executive Team
Sahar Waheed’s appointment follows the resignation of the previous Deputy CEO, Aishath Nooraddeen, last month. As part of the bank's ongoing transformation, BML has also unveiled a new executive management team, which is expected to steer the bank toward continued success and innovation in the coming years. The new executive appointments are:
- Adhly Ahmed Didi – Chief Technology Officer (CTO)
- Moosa Nimal – Chief Business Officer (CBO)
- Rashfa Jaufar – Chief Credit Officer (CCO)
- Aishath Zamha Zahir – Chief Marketing Officer (CMO)
- Hassan Kalaam – Chief Islamic Banking Officer (CIBO)
Each of these leaders brings a wealth of experience and a deep understanding of their respective fields, further strengthening the bank’s leadership capabilities.
BML’s CEO, Mohamed Shareef, shared his thoughts on the importance of local leadership in the bank’s growth and success. He expressed that the appointment of Maldivian professionals to top leadership roles demonstrates the bank’s commitment to nurturing local talent and fostering a skilled workforce in the Maldives. The new leadership team will play a critical role in driving the bank’s mission to provide financial services to individuals, businesses, and communities across the country.
Shareef emphasized that the appointment of local leaders is part of the bank’s broader strategy to empower Maldivians and ensure the continued growth and development of the nation’s financial sector.
