Friday, February 3, 2023
DhiDaily - English Edition
  • Home
  • Local
  • Reports
  • World
  • Business
  • Sports
  • Entertainment
  • Tech
  • ދިވެހި
No Result
View All Result
  • Home
  • Local
  • Reports
  • World
  • Business
  • Sports
  • Entertainment
  • Tech
  • ދިވެހި
No Result
View All Result
DhiDaily - English Edition
No Result
View All Result

MIB Appoints New CEO and Chairman

Ibrahim by Ibrahim
November 3, 2022
0
MIB Appoints New CEO and Chairman
0
SHARES
8
VIEWS

Maldives Islamic Bank (MIB) has appointed Kazi Abu Muhammad Majedur Rahman as the Chairman and Mufaddal Idris Khumri as the Chief Executive Officer (CEO).

Majedur Rahman replaces Najmul Hassan, who served as the Chairman since 2012. MIB stated the succession effectively concludes the term of Najmul Hassan as the Chairman and as a Non-Executive Director of the Board

Majedur Rahman has been a member of the Board since 2021 and will also continue to serve as an Independent Director of MIB following this appointment. He is a seasoned banker and an experienced capital market professional. He has worked extensively in strategic business transformation, operational and credit risk management, consumer banking, trade finance, treasury, audit, fintech, HR, governance and stakeholder relationships in Bangladesh, Middle East, Africa and Australia.

Furthermore, Mufaddal is a seasoned banker with more than 25 years of banking experience in key business and support roles including retail banking and product management. He possesses over 17 years of Islamic banking experience with proven track record in areas of consumer and corporate banking, treasury, wealth management, takaful and Islamic product management.

Prior to joining MIB, Mufaddal was the Head of Retail Assets Business of Saudi National Bank, based in Dubai, UAE. He also served as Director of Retail Banking at National Bank of Ras Al Khaimah, UAE. He worked in various management capacities both in India and abroad, in roles such as Head of Islamic Banking, Senior Vice President, Assistant General Manager, Product Manager, Chief Manager, Director and Head of Retail Banking.

Following the appointment, Mufaddal said it was a privilege to be associated with MIB, as it is an institution that has been the pioneer of Islamic banking in the Maldives. He said he looks forward to working closely with its customers, shareholders, board of directors and staff members. He said the bank’s focus would remain on enhancing customer service, developing its digital footprint and offer solutions spanning retail, payments, trade and corporate banking.

Tags: MIB

Related Posts

Boahura Omitted From Islands To Be Leased for Tourism List
Local

Boahura Omitted From Islands To Be Leased for Tourism List

February 2, 2023
BML Reduces Interest Rate to 5% on Student Loans
Business

BML Reduces Interest Rate to 5% on Student Loans

February 2, 2023
Dhiraagu Awarded Fastest Mobile Network In Maldives For Second Consecutive Year
Business

Dhiraagu Awarded Fastest Mobile Network In Maldives For Second Consecutive Year

February 2, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
MTCC Launches Online Top-Up Service for Dhathuru Card

MTCC Launches Online Top-Up Service for Dhathuru Card

April 19, 2021
Fire Breaks Out in Vakkaru Resort

Fire Breaks Out in Vakkaru Resort

December 14, 2021
The Power of Women’s Leadership, A Powerful Economy

The Power of Women’s Leadership, A Powerful Economy

March 14, 2021
Police Begins Operation to Arrest High-Profile Individuals Involved in Sex Scandal

Three Arrested Over Alleged Same-Sex Videos Released from Custody

August 13, 2022
Stewart Fired as CEO of MACL

Stewart Fired as CEO of MACL

1
Speaker Nasheed Undergoes Multiple Successful Surgeries

“I Will Not Compete Against President Solih” – Nasheed

1
Cat Strangling Video Receives Backlash

Cat Strangling Video Receives Backlash

1
UK Prime Minister Boris Johnson Reveals His Cautious Lockdown Easing Plan

UK Prime Minister Boris Johnson Reveals His Cautious Lockdown Easing Plan

0
Boahura Omitted From Islands To Be Leased for Tourism List

Boahura Omitted From Islands To Be Leased for Tourism List

February 2, 2023
BML Reduces Interest Rate to 5% on Student Loans

BML Reduces Interest Rate to 5% on Student Loans

February 2, 2023
Dhiraagu Awarded Fastest Mobile Network In Maldives For Second Consecutive Year

Dhiraagu Awarded Fastest Mobile Network In Maldives For Second Consecutive Year

February 2, 2023
A Walkthrough Maldives’ Terrifying Dollar Tale

BML Removes Monthly USD Withdrawal Limit

February 2, 2023

Recent News

Boahura Omitted From Islands To Be Leased for Tourism List

Boahura Omitted From Islands To Be Leased for Tourism List

February 2, 2023
BML Reduces Interest Rate to 5% on Student Loans

BML Reduces Interest Rate to 5% on Student Loans

February 2, 2023
Dhiraagu Awarded Fastest Mobile Network In Maldives For Second Consecutive Year

Dhiraagu Awarded Fastest Mobile Network In Maldives For Second Consecutive Year

February 2, 2023
A Walkthrough Maldives’ Terrifying Dollar Tale

BML Removes Monthly USD Withdrawal Limit

February 2, 2023
DhiDaily - English Edition

© 2022 Dhidaily

  • About
  • Advertise
  • Privacy & Policy
  • Contact

No Result
View All Result
  • Home
  • Local
  • Reports
  • World
  • Business
  • Sports
  • Entertainment
  • Tech
  • ދިވެހި

© 2022 Dhidaily