4 new board directors appointed to Development Bank of Maldives
The Development Bank of Maldives was established with the aim of supporting long-term development financing in the country.
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The Privatisation and Corporatisation Board has announced the appointment of four individuals to the Board of Directors of the Development Bank of Maldives (DBM).
The newly appointed members are:
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Hassan Miras
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Ahmed Azyan Hameed
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Maisha Ibrahim
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Azmeen Rasheed
The appointments come following recent changes in the bank’s senior leadership. Noel Gregor Paterson-Jones, a British national who was appointed as the Chief Executive Officer of DBM, resigned in March before the bank commenced operations. Paterson-Jones has since filed a complaint with the Employment Tribunal.
The Chairperson of DBM is Aruni Goonetilleke, a Singaporean national. In addition, Ahmed Ali, one of the initial members appointed to the board, resigned in April.
The Development Bank of Maldives was established with the aim of supporting long-term development financing in the country.
