Payment Maldives Pvt Ltd, a subsidiary of the Maldives Monetary Authority, has announced an open call for applications for the position of Chief Executive Officer, seeking an experienced executive to lead the country’s national payments infrastructure.
The appointment will be made on a two-year contract, with the possibility of extension based on performance. The CEO will report directly to the Board of Directors of Payment Maldives and will be responsible for overseeing all core functions of the company, which operates under the oversight of the central bank to support digital transactions and financial inclusion across the Maldives.
According to the public announcement, the role calls for a performance-oriented leader with a strong background in payments, fintech, banking, or regulated financial services. The successful candidate will be expected to provide strategic direction, ensure operational reliability of national payment systems, and guide the organisation’s growth within a tightly regulated environment.
The terms of reference outline a broad set of responsibilities, including developing and implementing long-term strategy in coordination with the Board, maintaining secure and uninterrupted payment operations, and expanding participation in the national payments network. The CEO will also be tasked with promoting digital payment adoption across the country, including in remote atolls, while balancing commercial sustainability with public policy objectives.
Financial oversight forms a central part of the role, with responsibility for profit and loss management, transparent procurement practices, and the allocation of resources towards system security and inclusion initiatives. The position also involves acting as the primary point of engagement with regulators, government bodies, and international partners, as well as ensuring compliance with requirements related to risk management, anti-money laundering, and data protection.
Candidates are required to hold a master’s degree or equivalent in a relevant field such as finance, economics, information technology, law, public policy, or business administration. At least 15 years of senior professional experience is required, including a minimum of five to seven years in an executive leadership role with board-level reporting responsibilities. Familiarity with the Maldivian or a similar small-island financial and regulatory context is considered desirable.
Applications must be submitted by 15 January 2026 at 3:00 pm Maldives time, along with supporting documentation outlined in the announcement. Payment Maldives has stated that applications received after the deadline will not be considered.
