Govt nominates cabinet secretary Habeeb as BML’s new chairperson

The government has nominated Ahmed Ali Habeeb, the cabinet secretary at the President’s Office, as the new chairperson of Bank of Maldives (BML).

The national bank is set to hold an Extraordinary General Meeting (EGM) on September 21.

The agenda sent by BML for its EGM shows that the government has nominated three people for the bank’s board. They are:

• Ahmed Ali Habeeb, Noovilla, S. Hithadhoo
• Ali Irufan, Daylight, S. Maradhoo-Feydhoo
• Mohamed Shahid, Hulhumale’ flat 90-2-2, K. Male’

Habeeb was reportedly nominated for the chairperson role. However, the government declined to provide official confirmation.

Prior to his appointment to the President’s Office on November 17, 2023, Habeeb served as a general manager at Apollo Holdings Pvt. Ltd. from January 15, 2006 to November 16, 2023.

He also served as a board director at the Housing Development Corporation (HDC) between April 2012 and February 2019.

Habeeb also serves on the board of three private companies; Megaton Pvt. Ltd., Cocobolo Maldives Pvt. Ltd., and The Exquisite Holidays Pvt. Ltd.

He is also a member of the UK Chartered Institute of Management Accountants (CIMA).