The Maldives Monetary Authority (MMA) has announced the recruitment of five Managing Directors, following the changes to its structures to strengthen the work of the authority and produce better results.
The authority announced that applicants should have at least five years of experience in the MMA or finance sector. They should also hold a degree and a master’s degree level in finance or business or in a related field. At least three years of experience in an executive position is also required.
Areas announced for recruitment of Managing Directors
- Monetary Policy
- Research and Statistics
- Financial Stability
- Banking Operations
- Corporate Service
- Financial Sector Development
The appointments are made for a term of five years and can be extended depending on the strength and productivity of the work showcased by the individual. Interested individuals from the general public can also apply for the positions. Interested candidates are invited to apply for the position before August 22.
Changes to the structure of the central bank were brought up in consultation with the MMA Board and approved by the newly appointed Governor of the MMA Ahmed Munawwar. With the new changes, the post of Assistant Governor has been transferred to the post of Managing Director. The existing assistant governors have been promoted to advisors.