Ethics Committee

Mr. Ibrahim Aiman served as the Chairperson of Ethics Committee from October 2020 to September 2024. He now serves as a member of the Ethics Committee. Mr. Ibrahim Aiman has 16 years of experience in Auditing field and is currently the Assistant Auditor General at Auditor General’s Office (AGO). He has spearheaded vital audit assignments which lead to criminal investigation and prosecutions.

Mr. Aiman served at Ministry of Finance and Treasury prior to joining AGO, where he was actively involved in the formulation and compilation of the national budget and the national procurement section at the Ministry.

Mr. Aiman holds a Masters of Business Administration (MBA).

Ms. Fathimath Shiuma served as the Vice Chairperson of Ethics Committee from October 2020 to September 2024. Ms. Fathimath Shiuma has 8 years of experience in Tax Audit and Investigation field and is currently the Deputy Manager (Investigation) at Maldives Inland Revenue Authority.

Ms. Shiuma is a Fellow Member of the Association of Chartered Certified Accountants (FCCA).

Mr. Ibrahim Saleem is the Director General, Legal and Market Regulation at Capital Market Development Authority (CMDA). He has 17 years of experience in Securities Market and Finance field.

Mr. Saleem is the Chairman for the Bid Committee at CMDA and has served as a member of Licensing and Discipline Committee at Auditor General’s Office.

Mr. Saleem holds a Master’s in Business Administration: Specialized in Finance (MBA).

Ms. Siya Ahmed Najeeb served as a member of the Ethics Committee from October 2020 to September 2024. Ms. Siya Ahmed Najeeb has 7 years of experience in Accounting and Finance as well as 4 years of experience in Internal Auditing. She currently is the Head of Internal Audit at Maldives Monetary Authority (MMA).

Ms. Siya undertook the lead role in preparing MMA’s first IFRS compliant financial statements. In addition to this, she was also a member of the Management board at one of the largest government hospitals in Maldives, Indira Gandhi Memorial Hospital.

Ms. Siya is a Certified Internal Auditor of Institute of Internal Auditors (IIA).

Mr. Ibrahim Mahfooz served as a member of the Ethics Committee from October 2020 to September 2024. Mr. Ibrahim Mahfooz, Partner at Emmjay Associates, has been actively working close to 20 years in Auditing and Accounting and Finance field.

Mr. Mahfooz is also a part-time lecturer at Faculty of Management and Computing as well as Faculty of Education.

Mr. Mahfooz is a member of the Association of Chartered Certified Accountants (ACCA) and of the Certified Fraud Examiners.

Ms. Khadheeja Jameela served as a member of the Ethics Committee from October 2020 to September 2024. Ms. Khadheeja Jameela, Director General at Civil Service Commission, has over 12 years of experience in Human Resource and Management field.

Ms. Jameela holds a Masters of Business Administration (MBA).

Ms. Noorul Hudha Ahmed is a Chartered Accountant (ACCA) with over 4 years of experience at the Maldives Inland Revenue Authority (MIRA). Currently serving as Deputy Manager in the Medium Taxpayer Audit Department.

Mr. Mohamed Muaz is the Senior Manager and Head of the Risk and Compliance Unit, as well as the AML/CFT Compliance Officer at the Maldives Monetary Authority (MMA). With over 16 years of experience in the banking, he brings a wealth of knowledge and expertise in managing financial and enterprise risks and regulatory compliance. Mr. Muaz holds a Chartered Banker qualification and is an active member of the Asian Institute of Chartered Bankers in Malaysia and the Chartered Banker Institute in the UK. Throughout his career, he has made significant contributions to the banking sector, particularly in the areas of risk management and compliance. At MMA he has played a pivotal role in establishing and implementing a comprehensive risk management policy and framework. He developed and communicated effective risk management methodologies, enabling the organization to proactively address potential risks. His efforts in conducting enterprise-wide risk assessments have ensured a robust risk management culture within the authority. Additionally, his leadership and strategic approach have been instrumental in enhancing the MMA’s risk management capabilities and ensuring compliance with regulatory standards.