Governing Board
In a significant step towards establishing International Financial Centres (IFCs), President Dr. Mohamed Muizzu appointed the inaugural Governing Board of the Maldives International Financial Services Authority (MIFSA) on April 30th, 2024.
This board will be responsible for crafting the legal framework needed for IFCs and for setting up both onshore and offshore development banks. The Governing Board’s role is crucial, as they will advise and guide the Minister of Economic Development and Trade in ensuring the launch of the first Development Bank in July 2024.
H.E Abdullah Jihad
Chairperson
Mr. Mohamed Hussain Maniku
Chief Executive Officer
Representative of the Capital Market Development Authority
Mr. Ahmed Imad
Deputy Governor
Representative of the Maldives Monetary Authority
Mr. Ahmed Mazin
Minister of State
Representative of the Ministry of Finance
Mr. Hassan Ziyath
Representative of the Private Sector
Uz. Abbas Shareef
Representative of the Legal Profession
Ms. Mariyam Visam
Registrar of Companies
Representative of the Ministry of Economic Development & Trade