Ahmed Munawar, a seasoned financial expert with a history at the Maldives Monetary Authority (MMA) and a stint as Finance Minister, has been put forward by President Dr Mohamed Muizzu to become the central bank’s new Governor. This nomination comes in the wake of the Maldives Parliament approving the removal of the previous Governor, Ali Hashim, following President Muizzu’s request for counsel on the matter.
Munawar’s appointment is now under scrutiny by the parliament’s Public Accounts Committee. This step aligns with the Maldives Monetary Authority Act, which mandates that such appointments receive parliamentary advice before being finalized.
Having previously served as Finance Minister under former President Abdulla Yameen, Munawar brings extensive experience to the potential role. His prior tenure at the MMA further solidifies his familiarity with the institution’s operations and objectives.
The President’s Office, in a statement released after the parliamentary approval of Hashim’s dismissal, confirmed that the decision was made in accordance with the advice provided by the parliament. As the Public Accounts Committee conducts its review, the nation awaits the final decision on Munawar’s appointment, a move that could significantly shape the future direction of the Maldives Monetary Authority.
