Chairperson post at Pension Office reopened after low response
The position became vacant following the resignation of Ahmed Inaz earlier this month.
The Maldives Pension Administration Office on Tuesday reopened applications for the post of chairperson of its board after receiving an insufficient number of applications during the initial nomination period.
The position became vacant following the resignation of Ahmed Inaz earlier this month. Inaz stepped down after raising concerns about a MVR 2.4 billion bond transaction involving the central bank, which he said could affect the economy.
Following his resignation, the Pension Office had opened a two-week period for applications for the post. That deadline expired on Monday.
In an announcement on Tuesday, the Pension Office said the application process had been reopened due to the low number of applicants. It added that candidates who had already applied under the earlier notice would not be required to submit applications again.
The new deadline for applications is 1:00 pm on Tuesday.
According to the announcement, applicants must hold a bachelor’s degree in business, economics or law and have experience in the pension or investment sector.
The Pension Office said a selection committee will shortlist three candidates, after which the Capital Market Development Authority will assess their eligibility. The final appointment will be made by Mohamed Muizzu.
Applications are also open for four vacancies on the Pension Office board. That application window, which opened on the 10th of this month, will also close at 1:00 pm on Tuesday.
