Bank of Maldives has announced the appointment of Mr. Gary
Laughton as its Chief Risk Officer and Ms. Suri Hanim Mohamed as its Director
of Islamic Banking. Prior to joining the Bank, Gary held the position of Chief
Credit Officer at Investec Bank, London.
He has over 20 years banking and risk management experience
and he has held key senior management roles in Investec Bank in UK and South
Africa. Suri has over 19 years of senior leadership experience in setting up
and managing new Islamic Banking business units. She was previously a
consultant in Tawafuq Consultancy Sdn Bhd, Malaysia and she has also held the
position of Chief Executive Officer and Executive Director of the Association
of Islamic Banking and Financial Institutions Malaysia.
"Robust risk management is a key strategic pillar of our
Bank. Significant steps have been taken in the past year to meet international
best practices and Gary will be an important addition to drive forward our risk
management strategy. We are planning to further strengthen our portfolio of
Shariah compliant products throughout this year and I am confident that Suri
will bring with her international experience and positively contribute to our
steadily growing Islamic Banking arm. I wish Gary and Suri success in their new
roles." said Tim Sawyer, CEO and Managing Director of Bank of Maldives.
Bank of Maldives is the largest bank and one of the largest
employers in the Maldives, with 99% of its staff base being proud Maldivians.
The Bank takes great pride in implementing forward-looking human resources
policies to ensure the highest professional standards of employee recruitment,
development and reward. The Bank holds regular events to honor its top
performing staff and to recognize their loyal service.
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