Two new Board Members have been appointed as representatives of the private sector. They are Morteza Capital’s Managing Director Mohamed Ghaly Murthala and Optimo LLP’s Managing Director Abdul Majeed Ali.
They will be serving a three-year term.
Of the two new Board members, Murthala has over 15 years of experience in hospitality and real estate investment. Meanwhile, Majeed has a background in SME finance, auditing, and governance.
Candidates for private sector representatives on Pension Office’s Board were vetted and shortlisted by a committee. The final selection was made by the President.
The Board of Pension Office is currently composed of eight members; the chairperson, three representatives of the public sector, and four representatives of the private sector.