Bank of Maldives recognised as one of best employers in Asia
Bank of Maldives (BML) has received the prestigious “Asia’s Best Employer Brand Award” from the World HRD Congress and the Employer Branding Institute. At a ceremony held in Singapore, the judging panel advised they selected BML for its advanced policies and actions in the areas of recruiting, developing and retaining talent which helped make the Bank one of the most attractive places to work in the region, says the bank in a statement.
The ceremony was attended by over 300 human resources professionals from the Asia-Pacific region. The award acknowledges the bank’s progressive human resources policies, reads the statement. BML Deputy CEO, Mohamed Shareef, and Head of Human Resources, Ahmed Ibrahim, accepted the award on the Bank’s behalf.“We are delighted to be recognised as a leading employer in the region. As an organization, we place a lot of emphasis on people excellence,” says Shareef, “and both our policies and our actions reflect our commitment to ensuring we have in place a highly competent, motivated and customer-oriented team.”BML is the largest bank and one of the biggest employers in the Maldives.Over 99 percent of the organisation’s employees are Maldivian. Following an extensive study of international best practices, there has been a continuous investment in progressive staff-related policies, including significant revisions to how employees are recruited, developed and rewarded, says the bank.
According to the bank, it holds regular events to honour its top performing staff and to recognise their loyal service. At the start of this year, Bank of Maldives committed to investing US$20 million in community and infrastructure projects across 22 of the country’s islands, creating 150 new jobs in the process. In 2016, the bank won the Capital Finance International Award for “Most Innovative Banking Team, Indian Ocean”.