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BML appoints Chief Risk Officer, Director of Islamic Bankings

Ahmed Aiham
12 January 2020, MVT 17:15
Bank of Maldives main branch in capital city Male'. PHOTO: BANK OF MALDIVES
Ahmed Aiham
12 January 2020, MVT 17:15

Bank of Maldives (BML) on Sunday, announced the appointment of its new Chief Risk Officer Gary Laughton and Director of Islamic Banking Suri Hanim Mohamed.

Newly appointed Chief Risk Officer Gary Laughton (L) and Director of Islamic Banking Suri Hanim Mohamed. PHOTO: TWITTER

Prior to his appointment, Gary served as the Chief Credit Officer at Investec Bank, London, United Kingdom (UK). With over 20 years of experience within banking and risk management, Gary held various senior management roles throughout Investec Bank in the UK and South Africa.

The newly appointed Director of Islamic Banking has over 19 years of experience in establishing and managing Islamic Banking units. She was previously a consultant to Tawafuq Consultancy, Malaysia and held the position of Chief Executive Officer (CEO) 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", said CEO and Managing Director of BML, Tim Sawyer.

"We are planning to further strengthen our portfolio of Shari’ah 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".

BML's nationwide network comprises of 38 branches across 20 atolls, 50 Self Service Banking Centres, 115 ATMs, 277 agents and a suite of digital banking services.

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