Introduction
The Maldives Accountants Forum (MAF) 2025, under the theme, Strengthening Financial Governance and Accountability is a two-day national platform bringing together around 300 participants, including Accountants, Finance and Business Professionals, and Policy Makers from across the Maldives.
The forum will explore some of the most pressing issues faced by organizations in strengthening financial governance and accountability, helping them improve their current practices and navigate better toward future growth and stability.
Topics covered:
•Strengthening Internal Audit Functions
• Transitioning to Accrual-Based Accounting in the Public Sector in the Maldives
•Liquidity and Fiscal Management Challenges: Realities and Reform Options
•Sustainability Reporting
•Digital Transformation in Financial Services
•AI & Cybersecurity
•Strengthening Corporate Governance in the Maldives
•Managing Foreign Exchange Risks in the Maldives
• Learning from Sri Lanka’s Experience: Causes of Financial Distress and Ongoing Measures
•Intellectual Property Rights Law, FDI and other regulatory updates
Event Details
Venue
MNU Central Auditorium, Male'
Date
11-12 October 2025 | Saturday & Sunday(2-Full Days)
Time
08:00 –
16:30
Speakers
Non-Executive Director (representing Public Shareholders) / Chairman of Governance & Sustainability Committee, STO
Former Country Managing Partner, Ernst & Young, Sri Lanka & Maldives
Chair of Accounting Standards Committee, SAFA
Manager, Information Systems Audit & Data Analytics, Auditor General’s Office
Agenda
Date: 11 October 2025 | Saturday
Venue: MNU Central Auditorium
07:30 – 08:30
Registration and Arrival of Participants & Guests
08:30 – 08:35
Recitation of Holy Qur’an
Mr Ibrahim Yamin Mohamed
08:35 – 08:40
Opening of the Forum
08:40 – 08:50
Welcoming Remarks by the President of CA Maldives
Mr Mohamed Haleem Abdulla, President, CA Maldives
08:50 – 09:00
Speech by the Chief Guest
09:00 – 09:10
Remarks by the Vice President of CA Maldives
Mr Ali Faris Mohamed, Vice President, CA Maldives
09:10 – 09:45
Coffee & Networking Break
09:45 – 10:45
Liquidity and Fiscal Management Challenges: Realities and Reform Options
Speakers / Panelists
Mr Ahmed Saaid Musthafa, Deputy Minister of Finance and Planning & Chairperson of MIRA
Mr Ahmed Zayan Mohamed, Economist, UNDP Maldives
Moderator
Mr Erdem Atas, Country Economist and Resident Coordinator, World Bank Maldives
10:45 – 11:45
Learning from Sri Lanka’s Experience: Causes of Financial Distress and Ongoing Measures
Speakers / Panelists
Mr Hector Manil Anthony Jayesinghe, Former Country Managing Partner, Ernst & Young, Sri Lanka & Maldives and Chair of Accounting Standards Committee, SAFA
Mr Krishna Rengaraj, Senior Resident Partner, EY Maldives
Mr Nuwan Jayasinghe, Resident Assurance Partner, EY Maldives
Moderator
Ms Dhunya Nizar, Partner, EY Maldives
11:45 – 13:00
Lunch and Prayer Break
13:00 – 14:00
Navigating AI and Cybersecurity Challenges for Corporations
Speaker
Mr Hasitha Karunaratne, Director – Cyber Security, KPMG Sri Lanka and Maldives
14:00 – 15:00
Strengthening Corporate Governance in the Maldives
Speakers / Panelists
Mr Mohamed Hussain Manik, CEO, CMDA
Mr Mohamed Anas, President, PCB
MsMohamed Ahsan Saleem, Non Executive Director (representing Public Shareholders) / Chairman of Governance & Sustainability Committee, STO
Moderator
Mr Abdulla Nisaam, Lecture – Corporate Governance, MNU
15:00 – 15:30
Coffee Break
15:30 – 16:00
Resilient Maldives: Prosperity for Accountants and Finance Professionals
Mr Nasheeth Thoha, Governance Specialist, NDP Formulation Project
16:00 – 16:30
Intellectual Property Rights Law, FDI and other Regulatory Updates
Speakers
Mr Shuhad Ibrahim, Consultant, MED
Mr Ahmed Migdhad, Director General, MED
Ms Mariyam Aini Riyaz, Assistant Director, MED
Date: 12 October 2025 | Sunday
Venue: MNU Central Auditorium
07:45 – 08:30
Registration and arrival of participants & Guests
08:30 – 09:30
Digital Transformation in Financial Services
Speakers / Panelists
Mr Moosa Nimal, Chief Business Officer, BML
Mr Hussain Alim Shakoor, Chief Retail Banking Officer, MIB
Mr Alim Hassan, Deputy Manager, MMA
Speaker & Moderator
Mr Badhurudheen Hassan, Managing Director, SDFC
09:30 – 10:30
Navigating the Sustainability Wave: Practical Steps for IFRS S1 and S2 Adoption in the Maldives
Speaker
Mr Chathumin Gunarathne, Partner – Sustainability and Emerging Assurance Services, Deloitte
10:30 – 10:50
Coffee & Networking Break
10:50 – 11:50
Strengthening Internal Audit Functions
Speakers / Panelists
Mr Ibrahim Fazeel, Assistant Auditor General, Auditor General’s Office
Ms Reema Rasheed, Chairperson – State Internal Audit Committee
Mr Hassan Akram Mohamed, Chief Internal Auditor, Regional Airports Company Limited
Mr Mifzal Adam, Chief Audit Executive, Maldive Gas Pvt Ltd
Mr Mohamed Shifaz Moosa, Manager,Information Systems Audit & Data Analytics, Auditor General’s Office
Moderator
Ms Hawwa Sana, Manager, Finance & Investment Operations, First National Finance Corporation Pvt Ltd
11:50 – 13:00
Lunch & Prayer Break
13:00 – 14:00
Transitioning to Accrual-Based Accounting in the Public Sector in the Maldives
Speakers / Panelists
Mr Mohamed Shifau Ibrahim, Member of Accruals Steering Committee, Ministry of Finance & Planning
Mr Ahmed Samih, Director General of Audit, Auditor General’s Office
Mr Yaseen Hussain, Chief Public Accountant, Ministry of Finance & Planning
Moderator
Ms Aishath Malha, Treasury Management Analyst, Ministry of Finance & Planning
14:00 – 15:00
Challenges Faced in Managing Foreign Exchange in the Maldives
Speakers / Panelists
Mr Abdulla Hassan, Strategic Consultant, Bank of Maldives
Mr Ali Wasif, Chief Financial Officer, Maldives Islamic Bank
Mr Ibrahim Athif Shakoor, Economic and Management consultant
Moderator
Mr Mohamed Anas Riza, Head of Commercial Banking, Mauritius Commercial
Bank
15:00 – 15:15
Coffee Break
15:15 – 16:15
The Road Less Traveled: Finding Success Beyond the Obvious
Speaker
Mr Masood Ali, Director of Customer Services & Regional Operations, Dhiraagu
16:15 – 16:30
Closing Remarks
Mr Ibrahim Fazeel, Council Member, CA Maldives
16:30 – 16:45
Networking & Photo Session
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