Allied Insurance

Mohamed Rasheed resigns as Chairman of Allied Insurance

  • He dropped in his resignation on Thursday
  • His resignation comes after six years of service
  • He was also a member of the Addu constituency for four tenures

Zunana Zalif
zunana

K. Male' 2020 Feb 14 | Fri 17:46 2,462 local

Mohamed Rasheed and ex-President Abdulla Yameen - Twitter

Long-serving Chairman of the Board of Directors of Allied Insurance, Mohamed Rasheed has resigned from his post.

The reveal was made by Allied Insurance, a subsidiary of State Trading Organization (STO) on Thursday via Twitter, the company extended best wishes to Rasheed after he dropped in his resignation on Thursday.

The post goes on to read that Rasheed’s guidance over the past six years has been “invaluable” to the company. Further, Rasheed was extended sincere gratitude for his “dedicated service”.

Rasheed was appointed to the post during the former administration of ex-President Abdulla Yameen Abdul Gayoom.

Evidently a close associate of the incarcerated ex-president, Rasheed also served as a parliamentarian for an Addu constituency for four tenures. He is to have worked on the frontlines to form the “People’s Alliance Party”.

However, Rasheed signed on to the now main ruling Maldivian Democratic Party (MDP) during the last year of Yameen’s tenure.

Rasheed, who served as Chairman of the Board of Directors of Allied Insurance for six long years, also worked in the frontlines of Maldives football, having actively participated in managing Club Valencia.

Last updated at: 2 days ago | Reviewed by: Aishath Shaany

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