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CMDA Board Composition
CMDA is governed by a Board of Directors which comprises seven members representing the Government and the private sector. The Board of Directors consist of a Chairman of the Board, the Chief Executive Officer of the Authority, an official from the Maldives Monetary Authority, an official from the Ministry of Finance and Treasury, the Registrar of Companies and two members from the private sector.
The main role of the Board is to provide policy guidance to the CMDA in all matters relating to its statutory functions and to formulate policies for the proper functioning of the Authority. The operational functions of the CMDA is vested in the Chief Executive Officer.
Chairman
Ms. Fathimath Shafeega, CEO
Ms. Shafeega was appointed as the Chief Executive Officer of the Authority on 8th March 2006. Prior to this assignment, she held the post of Deputy Managing Director at the Maldives Monetary Authority. Ms. Shafeega holds a Masters Degree in Banking and Finance from the Monash University, Australia.
Mr. Abdul Ghafoor was first appointed to the Board as the first chairman of the Authority on 8th March 2006. Mr. Ghafoor was later appointed as the representative of the Maldives Monetary Authority, on 28th January 2009. Mr. Ghafoor holds the position of a Senior Executive Director at the Maldives Monetary Authority.
Mr. Abdul Ghafoor holds an MBA from Griffith University in Australia.
Mr. Ali Arif is an Assistant Director General at the Ministry of Finance and Treasury. He was appointed to the Board on 8th March 2006. Mr. Ali Arif holds an MBA (Finance) from Charles Stuart University, Australia.
Ms. Ilham holds a Master of Arts Degree from University of London and Bachelor of Arts (Major Economics Min in Sociology and Politics Science) from University of Toronto.
Uz. Ali Shujau, Registrar of Companies
Uz. Ali Shujau was appointed to the Board of Directors of the Authority pursuant to the Maldives Securities Act once he was appointed as the Registrar of Companies. Before appointed as the Registrar of Companies he held the position of Deputy Registrar of Companies. He also worked as the Deputy Solicitor General at Attorney General’s Office.
Uz. Ali Shujau holds a Master of Laws (LLM) in International Law from Australian National University, Canberra, Australia and Bachelor of Law (LLB) from University of Waikato, Hamilton, New Zealand.
Ms. Fathimath Shafeega (Chief Executive Officer)
