BML Chairman and non-executive directors dismissed

PCB notifies BML of the dismissal of five board members, citing presidential powers as a reason. This is the first time in the history of BML that all government representative directors of the bank have been simultaneously dismissed.

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BML Offices.

Mariyath Mohamed

2024-01-26 14:21:11

Five non-executive directors of the Bank of Maldives (BML), including the Chairman, have been dismissed without notice on Thursday.

This is the first time in the recorded history of BML that all directors appointed to the board by the government have been instantly dismissed at the same time.

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