Bank of Maldives (BML) CEO Ganesh Subramanian, who fled the Maldives following internal investigations concerning sexual misconduct, has formally resigned.
Chairman of BML Adam Ibrahim claimed Ganesh had resigned for “heath conditions”, according to a report in Haveeru.
Ibrahim told the newspaper that Ganesh had been asked to attend an internal inquiry into the case, but he had presented medical certificates.
“We have not been able to continue the investigation as he did not attend the inquiry,” Ibrahim said.
“We are working on to hold the AGM [Annual General Meeting] after the Ramadan. We are also discussing with MMA [Maldives Monetary Authority] on distributing profit for shares,” Ibrahim said.
Chief Credit Officer Ramesh Krishnan is managing the bank in the interim while the bank seeks to recruit a new CEO, BML stated.