Bank of Maldives signs partnership agreement with Singapore Management University
Bank of Maldives (BML) has signed a Memorandum of Understanding with Singapore Management University (SMU) to strengthen their strategic partnership in leadership development, professional education, and capacity building.
The agreement formalises and expands the existing collaboration through BML Academy, the Bank’s dedicated institute for academic and professional growth and SMU Academy, the professional training arm of SMU.
Under the partnership, SMU will support the design and deliver tailored learning programmes for BML employees and build internal expertise through structured knowledge transfer. This will strengthen BML Academy’s ability to scale high‑quality development opportunities and create clear pathways for continuous professional advancement.
Commenting on the collaboration, Mohamed Shareef, CEO and Managing Director of Bank of Maldives, said: “This partnership reflects our ongoing commitment to developing a strong leadership pipeline and raising professional capabilities across the Bank. As the Maldives’ largest financial institution, we play an important role in shaping the economy. Through BML Academy, we are building structured, internationally aligned learning pathways that empower the future leaders of our economy.”
Key initiatives delivered with SMU last year included the successful completion of leadership programmes by forty BML employees. Twenty senior staff earned the Executive Certificate in Leadership and People Management directly from SMU, while a further twenty received the Certificate in Leadership and People Management via BML Academy after finishing an SMU‑led certificate programme. Similar cohorts are currently ongoing as the partnership continues to develop.
Bank of Maldives remains committed to investing in people development and strengthening capabilities across the organisation, supporting its ongoing transformation and focus on delivering enhanced banking services. Through BML Academy, BML delivers structured professional development programs for its employees.
