business

Financial Institutions

Locals appointed to head all financial institutions in country

MMA passed the decision in June 2016

Rushdha Rasheed, Raajje.mv | 6 ސެޕްޓެމްބަރު 2017 | ބުދަ 14:53

Maldives Monetary Authority (MMA)

Maldives Monetary Authority (MMA) has revealed that all heads of financial institutions in the Maldives are now locals.

MMA media official Mansoor Zubair said that the Authority took the decision back in June 2016, so that the senior most official or the second most senior official of any financial institution was a Maldivian. Mansoor said they had given all authorities a one-year period to implement this.

He added that all institutions had complied by the request.

When questioned about the decision, Mansoor said they had done so to allow more Maldivians to progress in the sector. He added that the appointees to the positions were fully qualified.

Comments

On This Day

June 9

Majlis still on break, no sitting held on Monday either

20251 Year Ago

local

RaajjeTV signs on as media partner for first-ever int'l chess championship to be hosted by Maldives

Bid submission deadline for Addu Reclamation Project set at June 15

20215 Years Ago

local

Bid submission deadline for Addu Reclamation Project set at June 15

Jihan voted into oversight committee, Shifau to clemency board

20197 Years Ago

local

Jihan voted into oversight committee, Shifau to clemency board

MD at HDC removed from post and appointed as MD at another state operated company

20188 Years Ago

local

Locals appointed to head all financial institutions in country

Comments

Ministry tells vendors to empty stalls at dry fish market

Ooredoo drops call rates to Sri Lanka and India, given the ongoing tropical threats in the region

Ooredoo has appointed a new Managing Director

Hotel Asia 2017 opens with 175 stalls

Will allocate shares sold to public, announce on Sunday: Ooredoo

On This Day

Majlis still on break, no sitting held on Monday either

BML establishes USD ATM in K. Maafushi

Chief Justice of the Maldives departs on an official visit to the USA

RaajjeTV signs on as media partner for first-ever int'l chess championship to be hosted by Maldives

Bid submission deadline for Addu Reclamation Project set at June 15

Jihan voted into oversight committee, Shifau to clemency board

MD at HDC removed from post and appointed as MD at another state operated company

Locals appointed to head all financial institutions in country

Comments

Ministry tells vendors to empty stalls at dry fish market

Ooredoo drops call rates to Sri Lanka and India, given the ongoing tropical threats in the region

Ooredoo has appointed a new Managing Director

Hotel Asia 2017 opens with 175 stalls

Will allocate shares sold to public, announce on Sunday: Ooredoo

On This Day

Majlis still on break, no sitting held on Monday either

BML establishes USD ATM in K. Maafushi

Chief Justice of the Maldives departs on an official visit to the USA

RaajjeTV signs on as media partner for first-ever int'l chess championship to be hosted by Maldives

Bid submission deadline for Addu Reclamation Project set at June 15

Jihan voted into oversight committee, Shifau to clemency board

MD at HDC removed from post and appointed as MD at another state operated company