Ministry of Finance

Board of Directors of State-Owned Enterprises

07 September 2023 Share Tweet

Privatization and Corporatization Board appoints Board of Directors to SOEs in accordance to the Policy on ‘Appointment and Removal of Board of Directors of State- Owned Enterprises’, under the Privatization, Corporatization, Monitoring and Evaluation of Government Businesses Act (3/2013), section 12(s).

Following are the current lists of Board of Directors of state-owned enterprises (SOEs).

BOARD OF DIRECTORS 2022

(as at 7th August 2022)

AASANDHA COMPANY LIMITED (AASANDHA)

#	Name	Representation	Designation
1	Niyaz Mohamed	GoM	Chairman
2	Ismail Azzam Wajeeh	GoM	Managing Director
3	VACANT	GoM	Director
4	Mohamed Amir	GoM	Director
5	Ibrahim Rasheed	GoM	Director
6	Abdulla Rasheed	GoM	Director
7		GoM	Director

ADDU INTERNATIONAL AIRPORT PRIVATE LIMITED (AIA)

#	Name	Representation	Designation
1	Gais Naseer	GoM	Managing Director
2	Azaan Ahmed Zuhair	GoM	Chairman
3	Hussain Mohamed Didi	GoM	Director
4	Shazra Shakir	GoM	Director
5	Shathif Ali	GoM	Director
6	Ibrahim Nooradheen	Kaasaa Holding	Director
7	Hussain Afeef	Kaasaa Holding	Director

BANK OF MALDIVES PLC (BML)

#	Name	Representation	Designation
1	Mr. Yooshau Saeed	GoM	Chairman
2	Mr. Karl Stumke	GoM	Chief Executive Officer and Managing Director
3	Ms. Aishath Noordeen	GoM	Director
4	Ms. Juwairiya Saeed	GoM	Director
5	Mr. Abdulla Husam Shareef	GoM	Director
6	Mr. Mohamed Sharah	GoM	Director
7	Mr. Abdulla Hassan	GoM	Director
8	Aishath Sajny	GoM	Director
9	Abdulla Naseem	Public	Director
10	Mr. Ibrahim Mohamed	Public	Director
11	Mr. Ahmed Mohamed	Public	Director

DHIVEHI RAAJJEYGE GULHUN PRIVATE LIMITED (DHIRAAGU)

#	Name	Representation	Designation
1	Ismail Waheed	GoM	Chairman
2	Ismail Rasheed	Batelco	CEO & MD
3	Abdullah Abdul Raheem	GoM	Director
4	VACANT	GoM	Director
5	Ahmed Mohamed Didi	Public	Independent Director
6	Mr. Ahmed Abdulwahed Abdulrahman	Batelco	Deputy Chairman
7	Mr. Mikkel Vinter	Batelco	Director
8	Mr. Faisal Qamhiyah	Batelco	Director
9	Mr. Faisal AlJalahma	GoM	Director

FENAKA CORPORATION LIMITED (FENAKA)

#	Name	Representation	Designation
1	Mohamed Rasheed	GoM	Chairman
2	Ahmed Saeed Mohamed	GoM	Managing Director
3	Ubaidulla Muaz	GoM	Director
4	Mohamed Athif	GoM	Director
5	Ahmed Ulwan	GoM	Director
6	Mariyam Rasheed	GoM	Director
7	Ibrahim Rasheed	GoM	Director

HOUSING DEVELOPMENT CORPORATION LIMITED (HDC)

#	Name	Representation	Designation
1	Mohamed Jaish Ibrahim	GoM	Chairman
2	Ahmed Athif	GoM	Managing Director
3	Ibrahim Afrath	GoM	Director
4	Abdulla Rameez	GoM	Director
5	Ahmed Athif	GoM	Director
6	Hassan Muneer	GoM	Director
7	Abdul Munnim Mohamed Manik	GoM	Director
8	Abdulla Miad	GoM	Director
9	Mohamed Jalal	GoM	Director
10	Shathir Abdul Rahman	GoM	Director
11	VACANT	GoM	Director

HOUSING DEVELOPMENT FINANCE CORPORATION (HDFC)

#	Name	Representation	Designation
1	Raheema Saleem	HDFC Plc	Managing Director
2	Joseph Conrad Dsouza	HDFC Investments Limited	Chairman
3	Hamid Sodique	GoM	Director
	Mohamed Zuhair	GoM	Alternate Director
4	Mohamed Rasheed	GoM	Director
	VACANT	GoM	Alternate Director

5	Ms. Kohe Noor Binte Mahmoodul Hasan	ADB	Director
	Mr. Asif Saeed Cheema	ADB	Alternate Director
6	Ms.Amena Arif	IFC	Director
	VACANT	IFC	Alternate Director
	VACANT	HDFC Investments Ltd	Alternate Director
7	Mohamed Ahmed	Minority Shareholders	Independent Director
8	Aishath Shizna	Minority Shareholders	Independent Director

ISLAND AVIATION SERVICES LIMITED (IAS)

#	Name	Representation	Designation
1	Dr. Ahmed Shamheed	GoM	Chairman
2	Mohamed Mihad	GoM	Managing Director
3	Abdulla Amir	GoM	Director
4	Aishath Jennifer	GoM	Director
5	Azheel Ahmed	GoM	Director
6	Ismail Ali Manik	GoM	Director
7	Nizar Hassan^(New)	GoM	Director

KADHDHOO AIRPORT COMPANY LIMITED (KACL)

#	Name	Representation	Designation
1	Brigadier General (Retired) Zakariyya Mansoor	GoM	Chairman
2	Colonel Ismail Naseer	GoM	Managing Director
3	Mohamed Iaad Hameed	GoM	Director
4	Colnel Ahmed Shareef	GoM	Director
5	Major Ahmed Waheed	GoM	Director
6	Lieutenant Colonel Hussain Ali	GoM	Director
7	Warrant Officer 3 Aminath Ali	GoM	Director

MALDIVES AIRPORTS COMPANY LIMITED (MACL)

#	Name	Representation	Designation
1	Mohamed Umar Manik	GoM	Chairman
2	Mahjoob Shujau	GoM	Managing Director
3	Dr. Ibrahim Mahfooz	GoM	Director
4	Ibrahim Noordeen	GoM	Director
5	Aishath Arsha	GoM	Director
6	Ahamed Iman Moosa	GoM	Director
7	Ibrahim Siyad Qasim	GoM	Director

MALDIVES HAJJ CORPORATION LIMITED (MHCL)

#	Name	Representation	Designation
1	Uz. Abdulla Naseer Mohamed	GoM	Chairman
2	Ismail Hameed	GoM	Managing Director
3	Mohamed Shafeeq	GoM	Director
4	Fathimath Leena	GoM	Director
5	Ahmed Asif	GoM	Director

MALDIVES ISLAMIC BANK LIMITED (MIB)

#	Name	Representation	Designation
1	Najmul Hassan	ICD	Director / Chairman
2	VACANT		Chief Executive Officer
3	Ali Wasif		Director / CFO
4	Uz. Mohamed Naseem Ibrahim	GoM	Director
5	Hassan Mohamed	GoM	Director
6	Nasser Mohammed Al-Thekhair	ICD	Director
7	Mr. Moez Baccar	ICD	Director
8	Ali Shareef	Pension Office	Director
9	Ahmed Ali	Public	Director
10	Rajiv Nandlal Dvivedi		Independent Director
11	Kazi Abu Muhammad Majedur Rahman		Independent Director

MALDIVES MARKETING AND PUBLIC RELATION CORPORATION LIMITED (MMPRC)

#	Name	Representation	Designation
1	VACANT	GoM	Chairman
2	Thoyyib Mohamed	GoM	Managing Director
3	VACANT	GoM	Director
4	Abdulla Suood	GoM	Director
5	Abdulla Nashiz Mohamed	GoM	Director
6	Ahmed Afrah	GoM	Director
7	VACANT	GoM	Director

MALDIVES PORTS LIMITED (MPL)

#	Name	Representation	Designation
1	Mohamed Shareef	GoM	Chairman
2	Shahid Ali	GoM	Chief Executive Officer
3	Ibrahim Abdulla	GoM	Director
4	Jadulla Nazim	GoM	Director
5	Ibrahim Arif	GoM	Director
6	Ahmed Laisham	GoM	Director
7	Ayathulla Hussain	GoM	Director

MALDIVES TOURISM DEVELOPMENT CORPORATION PLC (MTDC)

#	Name	Representation	Designation
1	Abdulla Faiz	GoM	Chairman
2	Thazmeel Abdul Samad	GoM	Managing Director
3	Mohamed Fathih	GoM	Director
4	Mohamed Janah	GoM	Director
5	Aminath Azlifa	Public	Director
6	Aishath Leeza	Public	Director
7	Aishath Fazeena	Public	Director
8	Asamy Rushdhee	Public	Director
9	Ibrahim Latheef	Public	Director

MALDIVES TRANSPORT AND CONTRACTING COMPANY PLC (MTCC)

#	Name	Representation	Designation
1	Mohamed Faheem	GoM	Chairman
2	Adam Azim	GoM	Managing Director
3	Uz. Mohamed Fareed	GoM	Director
4	Shahid Hussain Moosa	GoM	Director
5	Sinan Ali	GoM	Director
6	Ahmed Aboobakuru	Public	Director
7	Fathulla Ismail	Public	Director

MALE’ WATER AND SWERAGE COMPANY PVT LIMITED (MWSC)

#	Name	Representation	Designation
1	VACANT	GoM	Chairman
2	Hassan Shah	GoM	Managing Director
3	Ahmed Evan Isamil	GoM	Director
4	Mohamed Shareef	GoM	Director
5	Shu Kodama	Hitachi Plant Technologies	Director
6	Fathmath Hana	GoM	Director
7	Ibrahim Anwar	GoM	Director

STATE ELECTRIC COMPANY LIMITED (STELCO)

#	Name	Representation	Designation
1	Brigadier General (Retired) Ibrahim Mohamed Didi	GoM	Chairman
2	Ahmed Shareef	GoM	Managing Director
3	Major (Retired) Tholhath Hassan	GoM	Director
4	Ahmed Latheef	GoM	Director
5	Ali Azwar	GoM	Director

STATE TRADING ORGANIZATION PLC (STO)

#	Name	Representation	Designation
1	Hamid Nasheed Mohamed	GoM	Chairman
2	Abdullah Saeed	GoM	Managing Director
3	Gais Ismail	GoM	Director
4	Shimad Ibrahim	GoM	Director
5	Mohamed Nizam	GoM	Director
6	Ismail Zumayl Rasheed	GoM	Director
7	Aminath Rushma	Public	Director

WASTE MANAGEMENT CORPORATION LIMITED (WMCL)

#	Name	Representation	Designation
1	VACANT	GoM	Chairman
2	Yoosuf Siraj	GoM	Managing Director
3	Ali Nabeel	GoM	Director
4	Musthafa Mohamed	GoM	Director
5	Ali Ikram	GoM	Director

MALDIVES SPORTS CORPORATION LIMITED

#	Name	Representation	Designation
1	Hussain Mohamed	GoM	Chairman
2	Mauroof Ahmed	GoM	Managing Director
3	Ismail Farish	GoM	Director
4	Abdul Latheef Abdul Hakeem	GoM	Director
5	Nizar Ibrahim	GoM	Director

MALDIVES CENTRE FOR ISLAMIC FINANCE LIMITED

#	Name	Representation	Designation
1	VACANT	GoM	Chairman
2	Fathimath Nashwa Badeeu	GoM	Managing Director
3	Aishath Jumana Mohamed Rasheed	GoM	Director
4	Uza.Aminath Sana	GoM	Director
5	VACANT	GoM	Director

MALDIVES INTEGRATED TOURISM DEVELOPMENT CORPORATION

#	Name	Representation	Designation
1	Dr. Mohamed Kinaanath	GoM	Chairperson
2	Mohamed Raaidh	GoM	Managing Director
3	Simana Ismail	GoM	Director
4	Fathimath Asiya	GoM	Director
5	Moosa Musthafa	GoM	Director

BUSINESS CENTER CORPORATION LIMITED (BCC)

#	Name	Representation	Designation
1	Adheel Ismail	GoM	Chairman
2	Fathmath Fazleena Fakir	GoM	Managing Director
3	Lamya Ibrahim	GoM	Director
4	Ahmed Ifthikhar	GoM	Director
5	Ahmed Mafawiz	GoM	Director

Public Service Media

#	Name	Representation	Designation
1	Ibrahim Hilmee	GoM	Chairman
2	VACANT	GoM	Managing Director
3	VACANT	GoM	Deputy Managing Director
4	Abdulla Rasheed	GoM	Director
5	VACANT	GoM	Director

SME Development Finance Corporation Private Limited

#	Name	Representation	Designation
1	Shuhad Ibrahim	GoM	Chairman
2	Ahmed Zeenad	GoM	Managing Director
3	Uz. Nazim Habeeb	GoM	Director
4	Mohamed Shamy Adam	GoM	Director
5	Ahmed Siraj	GoM	Director
6	Mohamed Mujah Muneer	GoM	Director
7	Fathimath Lamha	GoM	Director

MALDIVES FUND MANAGEMENT CORPORATION LIMITED (MFMC)

	Name	Representation	Designation
1	Neeza Imad	GoM	Chairperson
2	Hassan Manik	GoM	Managing Director
3	Mariyam Manarath Muneer	GoM	Director
4	Mohamed Khussan	GoM	Director
5	VACANT	GoM	Director

FAHI DHIRIULHUN CORPORATION LIMITES

#	Name	Representation	Designation
1	Mohamed Azim	GoM	Chairman
2	Salfiyya Anwar	GoM	Managing Director
3	Ahmed Musid	GoM	Director
4	Mariyam Nazima	GoM	Director
5	Ahmed Athif	GoM	Director
6	Ibrahim Nizam	GoM	Director
7	Najeel Ahmed	GoM	Director

ROAD DEVELOPMENT CORPORATION LIMITED

#	Name	Representation	Designation
1	VACANT	GoM	Chairman
2	Uz. Moosa Ali Manik	GoM	Managing Director
3	Ahmed Marzoog	GoM	Director
4	Shamveel Mohamed	GoM	Director
5	Mohamed Faiz	GoM	Director

TRADENET MALDIVES CORPORATION LIMITED

#	Name	Representation	Designation
1	Yusuf Riza	GoM	Chairman
2	Ahmed Shiham Ali	GoM	Managing Director
3	Nahiya Mohamed	GoM	Director
4	Mahmood Riyaz	GoM	Director
5	Mariyam Vishama Ahmed	GoM	Director
6	Aishath Jaleela	GoM	Director
7	VACANT	GoM	Director

MALDIVES POST LIMITED

#	Name	Representation	Designation
1	Mohamed Abdulla	GoM	Chairman
2	Adam Mohamed	GoM	Managing Director
3	VACANT	GoM	Director
4	Mohamed Nashid	GoM	Director
5	Mahmood Rameez Abdul Rahman	GoM	Director

REGIONAL AIRPORTS COMPANY LIMITED

#	Name	Representation	Designation
1	Abdul Latheef Gasim	GoM	Chairman
2	Mohamed Rizvi	GoM	Managing Director
3	Mohamed Firzul Hussain Firaz	GoM	Director
4	Mohamed Shafau Hassan	GoM	Director
5	VACANT	GoM	Director
6	Abdulla Waheed	GoM	Director
7	VACANT	GoM	Director