The Privatisation and Corporatisation Board (PCB) has appointed four individuals to the Board of Directors of Greater Male’ Financial District Limited.
PCB made the appointments under the Law of Privatisation, Corporatisation, Monitoring and Evaluation of Government Businesses.
On 29 June, PCB appointed Fathmath Shaheen, Ahmed Siraj, Mohamed Riyaz, and Aminath Shaushan Afeef to the company’s board. Fathmath Shaheen was named as the board’s Chairperson.
President Dr Mohamed Muizzu established the Greater Male’ Financial District Limited on the 1 June under the Companies Act. Wholly owned by the government of the Maldives, the company was created with the objective of aligning and advancing the administration’s economic policies, fostering national innovation, and further developing the country’s financial sector.
The Greater Male’ Financial District Limited’s mandate includes the promotion of digital financial services, digital real estate, financial tourism, and banking services. A central priority of the company is to position the Maldives as an international financial hub and to implement the necessary policy measures to realise this ambition.