Maldives Islamic Bank appoints new CEO and head of office in Hulhumale'
Mufaddal Idris Khumri has been appointed as the new CEO of the Maldives Islamic Bank (MIB). A seasoned banker with more than 25 years of banking experience in key business and support roles including retail banking and product management, Mufaddal joined the bank on the 1st November 2022. With more than 17 years of Islamic banking experience, he has a proven track record in areas of consumer and corporate banking, treasury, wealth management, Takaful and Islamic product management. On the 26th December 2022, it was reported that the Housing Development Corporation (HDC) had signed an agreement to develop the new head office of MIB in Hulhumale'. The HDC has leased a 7,000 sq ft land plot to build and operate the office building. MIB stated that all its services will be available at the office building and is confident that it will bring convenience for its customers.
New CEO , Maldives Islamic Bank (MIB) , Islamic banking experience
Muneeza, A. (2023). Maldives Islamic Bank appoints new CEO and head of office in Hulhumale'. Islamic Finance News, 20(2), p. 15