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Development Bank Seeks to Fill 13 High-Paying Positions

Photo Credits: President’s Office

The Development Bank of Maldives (DBM) has announced recruitment for several senior positions with attractive remuneration packages. As the bank prepares to commence its operational activities, it has opened applications for 13 manager-level roles.

The positions advertised individually by DBM include a Marketing Executive, three Finance Managers, two Compliance Managers, and two Front Office Executives. Additionally, the bank is seeking an IT Manager, an HR & Admin Manager, a Credit & Risk Manager, a Legal Manager, and an Internal Audit Manager.

The salaries for these prestigious positions range from MVR 20,000 to MVR 45,000. Interested candidates are required to submit their applications by 5:00 PM next Monday.

During a People’s Majlis session held last October, Minister of Economic Development and Trade, Mohamed Saeed, provided updates on the ongoing efforts to bring the Development Bank into full operation. He affirmed that while DBM has not yet officially commenced its activities, significant progress is being made.

President Dr. Mohamed Muizzu established the company under the name Development Bank of Maldives on May 16th of last year.

This company was founded by the government to align with state policies, invest in sustainable economic and social development, secure funding for infrastructure development, resolve challenges in financing Public Sector Investment Program (PSIP) projects through syndicated finance, and enhance interest in holding foreign currency within the Maldivian banking system.

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