
President, Privatisation and Corporatisation Board
Mohamed Nizar is a seasoned business executive with over 30 years of leadership experience in international trade, business development, strategic planning, and corporate management. He holds a Master of Business Administration (MBA) from the University of South Australia and has held several senior leadership positions across both the public and private sectors.
Mr. Nizar previously served as President of the Privatization and Corporatization Board (PCB) from 2014 to 2019, where he oversaw the monitoring and evaluation of State-Owned Enterprises (SOEs) and played a key role in advancing national corporatization initiatives. He also served as Managing Director of Bell Marine and Trading Pvt Ltd and spent more than two decades at STO Plc, contributing to significant developments in trade, procurement, supply chain management, and Enterprise Resource Planning (ERP) implementation.
Recognized for his strong leadership, negotiation skills, and extensive expertise in corporate management, Mr. Nizar has represented the Maldives at numerous international forums on corporate governance, trade, and the management of State-Owned Enterprises.
On 30 April 2026, Mr. Nizar was reappointed as President of the Privatization and Corporatization Board (PCB), marking his return to the leadership of the Board.