CMDA Welcomes Aboard Mr. Mohamed Hussain Maniku As Their New Chief Executive Officer
The Capital Market Development Authority (CMDA) is an independent institution established under the Maldives Securities Act (2/2006) responsible for regulating and developing the Maldives Capital Market. Today, they were pleased to announce the appointment of a new Chief Executive Officer; Mr. Mohamed Hussain Maniku.
Mr. Mohamed Hussain Maniku is an individual who is well versed in the financial sector. He resigned from his position at Pension Office just last year, having served two terms of five years. Prior to that, he had also filled the position of a Managing Director at State Trading Organization Plc (STO).
Just days earlier, a new Chairperson was also appointed to CMDA; Ms. Aishath Zahira. Prior to this, she had worked in Maldives Monetary Authority (MMA) for 31 years in which she served as the Deputy Governor of the authority for two terms of six years.
With the new appointments, the details of the current composition of the Board Members of CMDA are as follows.
Chairperson of Board: Ms. Aishath Zahira
Chief Executive Officer: Mr. Mohamed Hussain Maniki
Senior Executive Director | Maldives Monetary Authority: Ms. Aishath Nadhiya
Secretary General | Privatization and Corporatization Board & Ministry of Finance: Mr. Ahmed Siraj
Registrar of Companies | Ministry of Economic Development: Ms. Mariyam Visam
Private Sector Representative: Uza. Fathimath Shafneez
Private Sector Representative: Mr. Rifaath Jaleel