Chief Financial Officer
2 articles
BusinessFinances managed well despite no CFO: BML
Bank of Maldives (BML) clarified that its financial affairs are being managed by qualified professionals despite the vacant CFO position. The bank's Finance Division is currently led by a Maldivian Chartered Accountant who meets all regulatory standards. BML noted that it achieved record profits last year despite the leadership vacancy.
BusinessConcern as BML operates without CFO for six months!
Financial experts are raising alarms as the Bank of Maldives has operated without a Chief Financial Officer for six months. Amid a severe dollar liquidity crisis, critics warn that the lack of a CFO weakens internal oversight and essential checks and balances.