The deputy Chief Executive Officer and the Chief Operating Officer of Bank of Maldives Mr Mohamed Shareef has resigned from his held responsibilities.
Although Mr. Shareef did not disclose the reason for his resignation, it has been reported the outgoing deputy CEO is stepping off his responsibilities over personal reasons.
Meanwhile, it has been suspected that Mr. Shareef received several pressures from various entities to step down from his held designation. However, the outgoing deputy CEO was unavailable for a comment.
During his tenure as the deputy CEO, a case of misinformation against Shareef was lodged at the Maldives Police Service. He was alleged for divulging false information regarding the national bank's alleged involvement in the national scandal of MMPRC.
Shareef was summoned to the committee on finance at Maldives Parliament for the inquiry, after which the committee had claimed he provided wrong information.
However, Mr. Shareef had continuously reiterated Bank of Maldives did not break standard operating protocol, and they were not guilty of collusion in the scandal.
The outgoing deputy CEO and COO, Mr. Shareef has had a long tenure at BML; which spans over 25 years.
He was instrumental in the bank's initiatives towards development and expansion.
