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Ibrahim Athif Shakoor, former Managing Director of Maldives Industrial Fisheries Company (MIFCO) and economic analyst, has been appointed as the company’s Strategic Consultant.

Athif confirmed the appointment on Tuesday, stating that the role became effective on 1 May.

He said his work will focus on proposing measures aimed at reducing company expenditure and increasing revenue. He noted the role presents an opportunity to contribute to the fisheries sector and national economic efforts.

Earlier this year, Athif was among those who applied for the post of Chief Executive Officer at MIFCO. However, the Privatisation and Corporatisation Board (PCB) cancelled the recruitment process, citing the absence of qualified candidates.

The current CEO of MIFCO is Farhath Shareeh, a former Vice Chief of the Maldives National Defence Force. Shareeh, appointed in March, is the third individual to assume the role under the current administration.

Prior to this appointment, Athif served as the head of the Financial Intelligence Unit (FIU) at the Maldives Monetary Authority. He has also published work on economic matters and conducts research, including on the economy of the Maldives.

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