
President meets chair, CEO of Maldives' new development bank
The Development Bank of the Maldives was established on May 16 in alignment with the president's pledge.
Newly-appointed Chairperson Aruni Goonetilleke and CEO Noel Gregor Paterson-Jones of the Development Bank of Maldives paid a courtesy call on President Mohamed Muizzu on Monday.
At the meeting at the President's Office, President Muizzu, the chairperson and CEO of the Development Bank of Maldives had a fruitful discussion about ways to improve and diversify the Maldivian economy, drawing on the chairperson and CEO's extensive knowledge and experience in the field.
Aruni Goonetilleke is a financial services expert with over 25 years of experience in global financial markets, specialising in business origination, governance, credit assessment, and risk management in emerging markets. Her background includes transformational roles in Corporate Banking, Credit, Risk Management, and Internal Audit across international and Sri Lankan banks. She holds a Master of Laws (LL.M) from Harvard University.
Noel Gregor Paterson-Jones has been a key figure in green investments, leading the establishment of the National Infrastructure Fund in Saudi Arabia as Chief Investment Officer. He also chairs the Electric Vehicle Africa Fund and manages clean energy projects in Southeast Asia, demonstrating his expertise in green finance and infrastructure development. He holds a Master of Philosophy (MPhil) from Oxford University, UK.
The Development Bank of the Maldives was established on May 16 in alignment with the president's pledge.