Bank of Maldives Plc made new appointments to its executive team to support its business expansion plans.

Mohamed Shareef, currently retail banking director, was appointed as director of operations and deputy CEO, the bank said Dec. 15.

Kuldip Paliwal, director of corporate banking, will become director of business, while Zulkarnain Taman was appointed as director of Bank of Maldives Islamic.

The changes are effective Jan. 2, 2017.