BML Partners with Asian Institute of Chartered Bankers to Elevate Professional Banking Standards

Bank of Maldives has entered into a strategic partnership with the Asian Institute of Chartered Bankers, marking a significant step towards strengthening professional standards and human capital development in the country’s banking sector.

The agreement, signed between Bank of Maldives and the Asian Institute of Chartered Bankers, aims to introduce internationally recognised Chartered Banking qualifications and structured professional development programmes for Maldivians. The initiative is expected to enhance skills, expertise and career pathways within the local financial services industry.

The partnership was formalised with the signing of the agreement by Mohamed Shareef, Chief Executive Officer of Bank of Maldives, and Edward Ling, Chief Executive of the Asian Institute of Chartered Bankers. Through this collaboration, specialised training opportunities will be made accessible locally, reducing the need for overseas certification while aligning the Maldivian banking workforce with international best practices.

Commenting on the agreement, a BML official said the collaboration represents a milestone in advancing the professionalism of the banking industry in the Maldives. The official noted that the introduction of Chartered Banking qualifications and continuous professional development programmes would play a vital role in raising industry standards and supporting the long-term growth of the financial sector. As the national bank, BML emphasised that investing in people and building a skilled local workforce remains a key priority.

The initiative will be supported by the BML Academy, which already serves as a dedicated platform for education and training in the banking industry. The academy currently offers a range of professional programmes, capacity-building initiatives and internship opportunities designed to nurture local talent and prepare young professionals for careers in banking and finance.

The partnership with the Asian Institute of Chartered Bankers is expected to further strengthen these efforts, contributing to a more resilient, knowledgeable and globally competitive banking profession in the Maldives.