Sun Siyam Group, one of the Indian Ocean’s leading privately owned hospitality enterprises, has announced the promotion of Deepak Booneady to Group Chief Executive Officer, effective January 1, 2026.
The appointment marks a significant milestone in the continued evolution of Sun Siyam Group, reinforcing its commitment to long-term growth, brand elevation, and purpose-driven leadership across its diversified business portfolio.
Strategic Leadership Transition
Deepak has been instrumental in the Group’s transformation, having served with distinction as Chief Executive Officer of Sun Siyam Resorts. During his tenure, he played a pivotal role in strengthening brand positioning, enhancing guest experience, and advancing strategic initiatives that honor the Group’s island heritage while positioning it for global relevance in the luxury hospitality sector.
Under his leadership, Sun Siyam has expanded and refined its resort portfolio across the Maldives and Sri Lanka, while elevating international visibility and desirability across key global markets. His leadership philosophy centers on people, culture, and talent development, with emphasis on building high-performing teams as the foundation for sustainable brand growth.
Expanded Mandate
As Group Chief Executive Officer, Deepak assumes overall responsibility for Sun Siyam Group’s diversified portfolio, overseeing strategic growth, long-term brand development, and business evolution. His mandate includes guiding expansion into new concepts and markets while ensuring alignment with the Group’s founding values of authenticity, integrity, and heartfelt hospitality.
Ahmed Siyam Mohamed, Chairman and Managing Director, commented on the appointment:“Sun Siyam was built from the heart, on a deep belief in people, purpose, and hospitality guided by love and care. Deepak has been an important part of our journey, and his leadership has contributed meaningfully to the milestones we have achieved together. He leads with strategic clarity, integrity, and genuine respect for our people and culture, inspiring excellence and bringing out the best in teams across our islands. This appointment reflects our continued focus on strong, collaborative leadership and the confidence I place in him. I look forward to the collective achievements Sun Siyam Group will continue to reach together.”
Expressing his appreciation, Deepak Booneady stated: “My heartfelt thanks to Mr. Ahmed Siyam Mohamed for his trust and the leadership example he continues to set. His clarity of vision, long-term perspective, and genuine care for our people have profoundly shaped both our organization and my approach to leadership. My journey with Sun Siyam Resorts has been one of responsibility, constant learning, and deep focus on people and performance. I am grateful for the opportunities, challenges, and guidance that have enabled my growth. This is a business where leadership is lived daily through action, integrity, and accountability.”
Founded by Hon. Ahmed Siyam Mohamed, one of the Maldives’ most respected entrepreneurs, Sun Siyam Group represents over three decades of hands-on leadership, resilience, and unwavering commitment to the nation’s tourism industry. From its early beginnings, the Group has been shaped by deep operational expertise, instinctive understanding of guest experience, and steadfast belief in Maldivian talent.
Today, Sun Siyam Group stands as one of the country’s leading tourism contributors and employers, with a diversified portfolio spanning hospitality, travel services, construction, media, and sustainability-driven ventures.
Operating across the Maldives and Sri Lanka, supported by global sales and representation offices in Europe, Asia Pacific, the Middle East, and the Americas, the Group owns and operates distinctive resorts across its Luxury, Privé, and Lifestyle collections. United by shared purpose, Sun Siyam Group champions extraordinary experiences while remaining deeply rooted in Maldivian heritage, authenticity, and community.
The appointment comes as Sun Siyam Group continues to premiumize its brands, invest in next-generation resort concepts, and explore new areas of sustainable and responsible growth, while preserving the open-hearted spirit and people-first philosophy instilled by its founder.
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