3rd Edition of Corporate Maldives GOLD 100 GALA Concludes Successfully

The 3rd edition of Corporate Maldives GOLD 100 Gala was held at Paradise Island Resorts & Spa on 23rd February 2019.  It was attended by over 200 top level executives from the leading companies of Maldives, along with VIP guests. Chief Guest Mr. Ray Abeywardena, Chairman of Colombo Stock Exchange, greeted the distinguished gathering of businesspersons and industry giants of Maldives.

The “GOLD 100 GALA” is the most prestigious and exclusive invite-only business networking event in the Maldives. The leading 100 companies awarded at the event were selected in consultation with Cosmos Investment Advisors, a leading investment advisory firm in the Maldives. These 100 companies were selected from among 13,500 companies registered in the country and were presented with special awards in recognition of their exemplary work and success. The list is not a ranking of businesses, and as such is published in alphabetical order. The selection process was based on criteria ranging from the scale of operation, success, and innovativeness to Corporate Social Responsibility (CSR) efforts, and of course, compliance with Maldivian laws. The GOLD 100 magazine will be distributed to all businesses in the Maldives and also displayed at leading international trade fairs.

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The 3rd issue of Corporate Maldives GOLD 100 magazine was unveiled at the event, launched by Deputy CEO of Bank of Maldives, Mr. Mohamed Shareef, and Chief Executive Officer of Maldives Getaways, Dr. Hussain Sunny Umar. The magazine contains the listing of the leading businesses in the Maldives, the GOLD 100, categorized by industry with company profiles and other up-to-date information.

Deputy CEO of Bank of Maldives, Mr. Mohamed Shareef, and Chief Executive Officer of Maldives Getaways, Dr. Hussain Sunny Umar

An informative presentation was delivered by Mr. Rajeeva Bandaranaike- CEO of Colombo Stock Exchange regarding the collaborative work that could be done between the two countries. A special speech was followed by Platinum Partner – Bank of Maldives.

Maldives Investment Opportunities Guide was also launched at the Gala. This is a collaborative effort by Corporate Maldives and Maldives Association of Finance Industry (MAFI) and will allow local businesses and investment opportunities to be listed to attract international investors to the Maldives economy.

Launched at the GOLD 100 GALA 2018, The Corporate Governance Award – an initiative of Capital Market Development Authority, Maldives Stock Exchange, and Corporate Maldives, was also awarded for the first time at the Gala. The Award was presented in two categories and was given away by the Registrar of Companies Ms Mariyam Visam. The “CG Efforts Award 2019” was awarded to DHIRAAGU and the “CG Efforts Award Private” was awarded to Allied Insurance Company Pvt Ltd.

As in the previous two years, the Lifetime Achievement Awards were also presented during the GOLD 100 Gala 2019 to two legends of the business community in the Maldives: Mr Qasim Ibrahim (Founder and Chairman of Villa Group) and Mr Abdulla Ali (Chairman of A.A.A Trading Company).

Lifetime Achievement Award Winner – Founder and Chairman of Villa Group, Mr. Qasim Ibrahim receiving the Award

Lifetime Achievement Award Winner – Chairman of A.A.A Trading Company, Mr. Abdulla Ali receiving the award

GOLD 100 GALA Partners are Bank of Maldives PLC as the Platinum Partner and Gold partners Ooredoo Maldives, Al Shaali Marine Maldives, Allied Insurance, The Hawks, M7 Print and Qatar Airways.

The event concluded with a dinner and music, giving attendees the time to network, and engage in new business contacts.

GOLD 100 was supported by the Ministry of Economic Development, Maldives Pension Administration Office, Ministry of Transport and Civil Aviation, Ministry of Health and Family, Privatization and Corporatization Board & Capital Market Development Authority.

“GOLD 100” is the first initiative of its kind in the Maldives which provided a listing, categorized by industry, along with profiles of the leading 100 businesses in the country. The GOLD 100 Gala is a highly exclusive networking event for the top executives in the Maldives to introduce, interact and mingle and form new business relationships. The major objective of GOLD 100 and GOLD 100 Gala is to distinguish and appreciate the work done by prolific leaders of the business community in the Maldives.

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