Idham Hussain, who served as an advisor to the Maldives Monetary Authority’s (MMA) Monetary Policy and Research and Statistics section, has been removed from her post as of Tuesday, 24 June.
The dismissal was confirmed to media by an official from the central bank, though no reasons have been provided for her termination. Idhuhaam’s departure adds to a growing list of senior-level exits from the institution this year.
Among the notable departures are Shuhad Ibrahim, who represented the Ministry of Economic Development and Trade on MMA’s board, and Ahmed Zayan Mohamed, who held a board seat representing the Ministry of Finance. Both resigned from their positions earlier this year without public explanation.
The Deputy Governor of MMA, Ahmed Imad, also resigned in March following a reported disagreement with the government over its plans for a large-scale overdraft facility from the central bank. His resignation came in the wake of controversy surrounding a rumoured MVR 15 billion land sale in Hulhumalé, which was said to be a move to raise funds through the MMA.
Idham’s removal is particularly notable given her long tenure at the institution, having served the central bank for 35 years.
The MMA has not issued a formal statement on the recent changes, and it remains unclear whether these exits signal broader shifts in the institution’s leadership or policy direction.
