Board appointed to Greater Malé Financial District company
The government has stated that the company is part of its broader strategy to develop Hulhumalé as a regional financial centre.
The Privatisation and Corporatisation Board (PCB) has appointed a chairperson and three members to the board of Greater Malé Financial District Limited, a newly established state-owned company.
The appointments, announced by the PCB on Monday, are as follows:
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Chairperson: Fatimath Shaaheen
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Member: Ahmed Siraj
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Member: Mohamed Riyaz
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Member: Aminath Shaushan Afeef
Greater Malé Financial District Limited was established on 1 June with the objective of implementing the government’s economic policy related to the financial services sector. The company operates under the Ministry of Finance and Planning.
According to the government, the key objectives of the company include:
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Increasing national productivity
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Promoting digital financial services, digital real estate, and financial tourism
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Supporting the growth of banking and financial services
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Positioning Maldives as an international financial services hub
The government has stated that the company is part of its broader strategy to develop Hulhumalé as a regional financial centre.
An agreement has also been signed with MBS Global Investments, owned by Sheikh Nayef bin Eid Al Thani of Qatar, and the Maldivian government to establish the Maldives International Financial Centre (MIFC).
