The job announcement, published in the state Gazette, stated that the remunerations for these roles will range between MVR 50,000 to MVR 55,000.
Maldives Monetary Authority (MMA) has announced the appointment of five new Managing Directors as part of structural changes to its management.
MMA announced on Thursday that the authority was seeking candidates to apply for the five Managing Director positions, which are open to both men and women.
Managing Directors will be appointed for the following areas:
- Monetary Policy, Research and Statistics
- Financial Stability
- Banking Operations
- Corporate Services
- Financial Sector Development
The job announcement, published in the state Gazette, stated that the remunerations for these roles will range between MVR 50,000 to MVR 55,000. The Managing Directors will serve two five-year terms, with the application process open to both current MMA employees and the public.
The changes to MMA's management structure aim to modernize the central bank and improve its operational efficiency. These changes were made in consultation with the MMA board and the new Governor, Ahmed Munawar.
This restructuring includes the reorganization of the Assistant Governor position into the role of Managing Director. Those currently holding Assistant Governor roles will be promoted to Advisor positions under the new structure.
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