Two individuals have been appointed as board members representing the private sector at the Maldives Pension Administration Office (MPAO).
The new appointees are Ahmed Saruvash Adam and Abdul Majeed Ali. Saruvash previously served as the Chief Financial Budget Executive at the Ministry of Finance, where he also headed the Fiscal Affairs Department. He resigned from the position in February last year. Saruvash has also held the role of Chairperson at the Maldives Inland Revenue Authority (MIRA). He studied economics, policy, and accounting at the University of Nottingham in the UK and Monash University in Australia.
Majeed, who previously served as an MPAO board member in 2022, is a partner at Optimo LLP, a private audit firm. He has also worked at the Bank of Maldives and Bank of Ceylon. Majeed holds a Master’s degree in Economics and Banking from Cardiff University, Wales.
The MPAO board comprises eight members. Alongside Saruvash and Majeed, the current board members include:
- Dr Ahmed Inaz – Chairman
- Shifaza Wajeeh – Representing the Social Security Constituency
- Fatimath Abdulla Kamaluddin – Representing the Securities Market Regulator
- Ashraf Rasheed – Representing the Ministry of Finance
- Mizna Mohamed – Representing the Private Sector
Members are appointed to the board for a three-year term from the date of their appointment.
